BRIEF-United Airlines CEO Says Increasingly Confident of Double-Digit Pre-Tax Margins In 2027

United Airlines Holdings
Space Exploration Technologies

United Airlines Holdings

UAL

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Space Exploration Technologies

SPCX

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May 27 (Reuters) - United Airlines CEO:

  • SAYS DEMAND HAS REMAINED STRONG- BERNSTEIN CONF

  • SAYS FEEL GOOD ABOUT THE NEAR TERM

  • SAYS GOING TO HAVE STARLINK ON OUR WHOLE FLEET BY NEXT YEAR

  • SAYS INCREASINGLY CONFIDENT THAT 2027 WILL BE DOUBLE DIGIT PRETAX MARGINS

  • SAYS WITH OIL PRICES LOWER, HURDLE TO GET TO 100% FUEL RECAPTURE IS LOWER

  • SAYS STARLINK ON 100% OF FLEET WILL BE BIGGEST DIFFERENTIATOR FOR US VERSUS EVERY OTHER AIRLINE

  • SAYS AIRCRAFT SUPPLY IS GOING TO BE CONSTRAINED AROUND THE GLOBE BECAUSE THERE ARE NOT ENOUGH ENGINES

  • SAYS DON'T THINK THAT UNITED AT LEAST IS GOING TO PARTICIPATE IN ANY CONSOLIDATION FOR ANYTIME I CAN SEE IN THE FORESEEABLE FUTURE

Further company coverage: UAL.O


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