UNITED AIRLINES posted a smaller-than-expected first quarter net loss of US$207 million drawn on revenue of $11.4 billion, which fell 7.6 per cent year on year.
In 2022, the airline posted cargo revenue of $2.17 billion, down 7.6 per cent from the record $2.4 billion the prior year.
Global air freight traffic has tumbled several points in April compared to previous weeks, when demand and rates regained some footing, according to price reporting agencies.
Said united CEO Scott Kirby: 'Demand remains strong, especially internationally, where we are growing at twice the domestic rate. We expect all of these factors will keep us on track to achieve our full-year target.'
US carriers have said that January and February traffic was a bit soft, but that they see strong booking activity in the spring and summer.
United also announced its largest South Pacific network expansion ever, with 66 weekly flights to Australia and New Zealand for the upcoming season.
During the quarter it also added four new international routes between Dubai and Tokyo and three of its main US hubs.
It also resumed four routes it hadn't flown since Covid and resumed nonstop service between Shanghai and San Francisco, becoming the first US airline to not require a refueling stop between the US and Shanghai since November 2020.
SeaNews Turkey
In 2022, the airline posted cargo revenue of $2.17 billion, down 7.6 per cent from the record $2.4 billion the prior year.
Global air freight traffic has tumbled several points in April compared to previous weeks, when demand and rates regained some footing, according to price reporting agencies.
Said united CEO Scott Kirby: 'Demand remains strong, especially internationally, where we are growing at twice the domestic rate. We expect all of these factors will keep us on track to achieve our full-year target.'
US carriers have said that January and February traffic was a bit soft, but that they see strong booking activity in the spring and summer.
United also announced its largest South Pacific network expansion ever, with 66 weekly flights to Australia and New Zealand for the upcoming season.
During the quarter it also added four new international routes between Dubai and Tokyo and three of its main US hubs.
It also resumed four routes it hadn't flown since Covid and resumed nonstop service between Shanghai and San Francisco, becoming the first US airline to not require a refueling stop between the US and Shanghai since November 2020.
SeaNews Turkey