United Airlines Reports Q3 Demand Surge Amid Newark Constraints

United Airlines has reported a significant rebound in travel demand since early July, with a 6-percentage-point increase overall and a strong double-digit rise in business bookings, attributed to reduced geopolitical and macroeconomic uncertainties. Despite this positive trend, the airline anticipates a dip in third-quarter earnings due to ongoing operational challenges at Newark Airport, a key hub. United now projects its full-year adjusted earnings per share to range between $9 and $11, slightly below analysts' expectations. The airline's CEO, Scott Kirby, expressed confidence in a strong finish for 2025, highlighting the resilience of United's diverse revenue streams, including gains in premium cabin, basic economy, cargo, and loyalty revenues. This improved demand environment has also encouraged competitors like Delta Air Lines to reinstate their full-year profit outlooks. However, after-hours trading saw United's shares decline 1.6% due to its third-quarter profit forecast falling short of Wall Street estimates.