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United Airlines reports second-quarter profits down 26.4%, citing higher costs and operational issues.
United Airlines reported a 26.4% drop in second-quarter profits to $973 million, despite a 1.7% rise in revenue to $15.2 billion.
The airline cited higher costs and operational challenges at its Newark hub.
However, it sees a boost in travel demand, especially in premium and business segments, with improved geopolitical and economic conditions.
United now forecasts full-year earnings per share of $9 to $11, revised down from $11.50 to $13.50 due to ongoing operational issues.
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United Airlines reportó ganancias del segundo trimestre en un 26,4%, citando mayores costos y problemas operativos.