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What United Airlines' earnings will tell us about summer travel chaos

Benzinga Real-time News ·  Jul 20, 2022 14:26

Strong demand for flights coupled with a reduction in the number of flights will be a key storyline when$United Airlines(UAL.US)$reports quarterly earnings after market close Wednesday. Could the recent earnings report from$Delta Air Lines(DAL.US)$foreshadow what's to come?

What Happened:Delta Airlines reported adjusted revenue of $12.3 billion for the second quarter, which the company said was 99% recovered versus the June 2019 quarter. Revenue from the company beat analysts' expectations according to data from Benzinga Pro.

The company cited growing demand in the quarter, which helped offset a rise in fuel prices. Domestic demand...

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