Thread: UAL Q3 Earnings
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Old 10-16-2024 | 04:02 PM
  #33  
FriendlyPilot
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Originally Posted by sailingfun
Wow UAL stock went crazy today!
From the earnings call this morning:

"On the other end of the spectrum, basic economy remains an important product with volumes up 21% year-over-year."

"The gauge increase from the narrowbodies, that's frankly what's driving our ability to provide basic economy, which is creating a competitive dynamic that is just fundamentally reshaping the industry."

They also said to expect another $1B in profit in Q4 which would be unhead of. They said Basic Economy is a massive revenue stream and they expect it to grow as we keep upgauging planes.

They also said we'd get 20 more planes delivered in Q4 including, finally, 787s.
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