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Oct 16, 2025 8:00 AM

United Airlines Projects Best Quarter Ever, CEO Says Loyalty Boosted Resilience

United Airlines Holdings Inc. (NASDAQ:UAL) shares are trading lower premarket on Thursday. After the market closed on Wednesday, the company reported mixed third-quarter results.

Revenue rose 2.6% year-over-year (Y/Y) to $15.225 billion but missed the consensus estimate of $15.325 billion.

The airline company reported third-quarter adjusted EPS of $2.78, beating analyst estimates of $2.62 per share.

Also Read: United Airlines Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Premium cabin revenue was up 6% (Y/Y), and basic economy revenue climbed 4% Y/Y.

Loyalty revenue was up 9% Y/Y, and cargo revenue rose 3% Y/Y in the quarter.

Capacity was up 7.2% on a year-over-year basis in the quarter.

TRASM (total revenue per available seat mile) was down 4.3% while CASM (cost per available seat mile) fell 2.8% Y/Y.

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