United Airlines Lowers 2025 Profit Forecast Amid Newark Constraints

United Airlines reported a 26% drop in second-quarter profits due to higher costs and operational challenges, particularly at its Newark Liberty International Airport hub, but noted a rise in travel bookings in early July as geopolitical and macroeconomic uncertainties eased. The airline lowered its full-year earnings per share forecast to between $9 and $11 from an earlier $11.50 to $13.50 estimate, reflecting a more cautious outlook despite improved demand. CEO Scott Kirby highlighted a significant increase in business travel demand and operational improvements, including record on-time departures and reduced cancellations, which support optimism for a strong finish to the year. United's diversified revenue streams, including loyalty programs and premium cabin sales, continue to perform well, although labor and fuel costs remain challenges. The airline's outlook aligns with a broader industry trend toward recovery, as competitors such as Delta also report improved results and reinstated forecasts. Overall, United is navigating a complex environment but is encouraged by a calmer global landscape and growing travel demand as 2025 progresses.