United Airlines Announces Second-Quarter 2024
07-18-2024, 05:33 AM
#1
Gets Weekends Off
Thread Starter
Joined APC: Apr 2015
Posts: 2,524
United Airlines Announces Second-Quarter 2024
United Airlines Announces Second-Quarter 2024 Financial Results
Second-Quarter Financial Results
Key Highlights
Second-Quarter Financial Results
- Capacity up 8.3% compared to second-quarter 2023.
- Total operating revenue of $15.0 billion, up 5.7% compared to second-quarter 2023.
- TRASM down 2.4% compared to second-quarter 2023.
- CASM down 4.8%, and CASM-ex1 up 2.1%, compared to second-quarter 2023.
- Pre-tax earnings of $1.7 billion, with a pre-tax margin of 11.6%; adjusted pre-tax earnings1 of $1.8 billion, with an adjusted pre-tax margin1 of 12.1%.
- Net income of $1.3 billion; adjusted net income1 of $1.4 billion.
- Diluted earnings per share of $3.96; adjusted diluted earnings per share1 of $4.14.
- Average fuel price per gallon of $2.76.
- Ending available liquidity4 of $18.2 billion.
- Total debt and finance lease obligations of $26.6 billion at quarter end.
- Trailing twelve months adjusted net debt to adjusted EBITDAR of 2.6x3.
- In July, voluntarily pre-paid the remaining $1.8 billion outstanding balance of the MileagePlus term loan with an interest rate near 11%.
Key Highlights
- Launched Kinective MediaSM by United Airlines – the first media network that uses insights from travel behaviors to connect customers to personalized advertising, experiences and offers from leading brands.
- Resumed the airline's two daily flights from Newark to Tel Aviv.
- Recognized as one of TIME100's Most Influential Companies for United's commitment to sustainability through its United Airlines Ventures Sustainable Flight FundSM.
- Announced the addition of nearly 200 flights to Milwaukee and Chicago this summer for easier travel to the Republican and Democratic National Conventions.
- Debuted a new onboard safety video, providing clear, easy-to-follow demonstrations of critical safety procedures.
07-18-2024, 07:03 AM
#3
Gets Weekends Off
Joined APC: Aug 2021
Posts: 695
United Airlines Announces Second-Quarter 2024 Financial Results
Second-Quarter Financial Results
Key Highlights
Second-Quarter Financial Results
- Capacity up 8.3% compared to second-quarter 2023.
- Total operating revenue of $15.0 billion, up 5.7% compared to second-quarter 2023.
- TRASM down 2.4% compared to second-quarter 2023.
- CASM down 4.8%, and CASM-ex1 up 2.1%, compared to second-quarter 2023.
- Pre-tax earnings of $1.7 billion, with a pre-tax margin of 11.6%; adjusted pre-tax earnings1 of $1.8 billion, with an adjusted pre-tax margin1 of 12.1%.
- Net income of $1.3 billion; adjusted net income1 of $1.4 billion.
- Diluted earnings per share of $3.96; adjusted diluted earnings per share1 of $4.14.
- Average fuel price per gallon of $2.76.
- Ending available liquidity4 of $18.2 billion.
- Total debt and finance lease obligations of $26.6 billion at quarter end.
- Trailing twelve months adjusted net debt to adjusted EBITDAR of 2.6x3.
- In July, voluntarily pre-paid the remaining $1.8 billion outstanding balance of the MileagePlus term loan with an interest rate near 11%.
Key Highlights
- Launched Kinective MediaSM by United Airlines – the first media network that uses insights from travel behaviors to connect customers to personalized advertising, experiences and offers from leading brands.
- Resumed the airline's two daily flights from Newark to Tel Aviv.
- Recognized as one of TIME100's Most Influential Companies for United's commitment to sustainability through its United Airlines Ventures Sustainable Flight FundSM.
- Announced the addition of nearly 200 flights to Milwaukee and Chicago this summer for easier travel to the Republican and Democratic National Conventions.
- Debuted a new onboard safety video, providing clear, easy-to-follow demonstrations of critical safety procedures.
07-18-2024, 01:11 PM
#5
Gets Weekends Off
Joined APC: Oct 2018
Posts: 172
07-18-2024, 03:36 PM
#6
Gets Weekends Off
Joined APC: Dec 2023
Posts: 346
United Airlines Announces Second-Quarter 2024 Financial Results
Second-Quarter Financial Results
Key Highlights
Second-Quarter Financial Results
- Capacity up 8.3% compared to second-quarter 2023.
- Total operating revenue of $15.0 billion, up 5.7% compared to second-quarter 2023.
- TRASM down 2.4% compared to second-quarter 2023.
- CASM down 4.8%, and CASM-ex1 up 2.1%, compared to second-quarter 2023.
- Pre-tax earnings of $1.7 billion, with a pre-tax margin of 11.6%; adjusted pre-tax earnings1 of $1.8 billion, with an adjusted pre-tax margin1 of 12.1%.
- Net income of $1.3 billion; adjusted net income1 of $1.4 billion.
- Diluted earnings per share of $3.96; adjusted diluted earnings per share1 of $4.14.
- Average fuel price per gallon of $2.76.
- Ending available liquidity4 of $18.2 billion.
- Total debt and finance lease obligations of $26.6 billion at quarter end.
- Trailing twelve months adjusted net debt to adjusted EBITDAR of 2.6x3.
- In July, voluntarily pre-paid the remaining $1.8 billion outstanding balance of the MileagePlus term loan with an interest rate near 11%.
Key Highlights
- Launched Kinective MediaSM by United Airlines – the first media network that uses insights from travel behaviors to connect customers to personalized advertising, experiences and offers from leading brands.
- Resumed the airline's two daily flights from Newark to Tel Aviv.
- Recognized as one of TIME100's Most Influential Companies for United's commitment to sustainability through its United Airlines Ventures Sustainable Flight FundSM.
- Announced the addition of nearly 200 flights to Milwaukee and Chicago this summer for easier travel to the Republican and Democratic National Conventions.
- Debuted a new onboard safety video, providing clear, easy-to-follow demonstrations of critical safety procedures.
In Unity...
Thread
Thread Starter
Forum
Replies
Last Post
