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After all, the airline has significantly reduced the minus – a year ago it was still $ 1.4 billion due to the heavy load of the Corona variant Omikron.
In fact, things are doing well at United thanks to air travel surviving the pandemic. First-quarter revenue increased more than 50 percent year-on-year to $11.4 billion. But the company is groaning under high expenses – but especially for kerosene – such as salaries, airport fees and maintenance of the aircraft fleet. A positive business outlook pushed the share up almost two percent after the trading session.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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