Search Travel Market Report

mainlogo
www.travelmarketreport.com
  • News
  • Tours & Packages
  • Cruise
  • Hotels & Resorts
  • Destinations
  • Retail Strategies
  • Niche & Luxury
  • Air
  • Training & Events
  • Who We Are
    • Brian Israel
    • Dan McCarthy
    • Denise Caiazzo
    • Dori Saltzman
    • Kelly Fontenelle

United Airlines Expects COVID Recovery Trends to Continue

by Daniel McCarthy / October 19, 2022
United Airlines Expects COVID Recovery Trends to Continue

Photo: EQRoy / Shutterstock.com

Even with rising inflation and an increasingly uncertain economic future, consumers are still paying to travel.

On Tuesday, United Airlines said there is no slowdown in consumer travel intent despite high airfares. The carrier, which spoke as part of the company’s third-quarter earnings call, said that it expects “fourth quarter adjusted operating margin to be above 2019 for the first time,” another marker in the continued recovery of the travel industry.

According to United, which achieved operating revenue growth of 13.2% versus third quarter 2019, there are three trends that will continue to drive air travel demand despite those economic headwinds—air travel is still very much in the recovery phase and has not reached its peak, hybrid work continues to give consumers more opportunity to travel for leisure, and supply challenges will continue to limit the industry’s supply “for years to come.”

In a statement, United CEO Scott Kirby thanked employees and emphasized the company’s optimism headed into what is expected to be a busy holiday travel season.

"I am grateful to United employees who delivered an incredible performance this quarter taking care of our customers and producing, by most metrics, the best operational quarter in our history," he said.

“Despite growing concerns about an economic slowdown, the ongoing COVID recovery trends at United continue to prevail and we remain optimistic that we’ll continue to deliver strong financial results in the fourth quarter, 2023, and beyond.”

The optimism is no surprise for United, a carrier that recently expanded its summer 2023 international schedule because of high interest from consumers.

In fact, United’s third quarter was highlighted by a continued expansion of some key routes, including adding a new direct flight between Newark/New York and Dubai in March 2023 and 120 additional flights for college football season.

The carrier has also launched a new joint venture with Air Canada to give more transborder flight options to customers flying between the two countries.

  20
  0
Related Articles
Here Are the Best U.S. Airlines, According to Customer Satisfaction Ratings
United Airlines Launches Largest South Pacific Expansion Ever
Airlines Are Cutting Summer Schedules Out of D.C. and New York—Here’s Why
Sabre Launches United Airlines NDC Content
United Airlines Is Boosting its International Schedule by 25% this Summer
A New ‘Air Taxi’ Service is Coming to Chicago O’Hare International Airport
United Airlines Promises to Keep Families Together with New Ticket Policy
FAA Proposes a $1.1 Million Fine Against United Airlines for Skipping Safety Checks
United Airlines Places Largest Wide-Body Order for Any U.S. Carrier Ever
United Airlines Boosts Pilot Pay During Labor Negotiations

MOST VIEWED

  1. U.S. State Department Updates Jamaica Travel Warning to Level 3
  2. First Hand Look at the Soon-to-Open Sam Lord's Castle Barbados, A Wyndham Grand Resort
  3. Vantage Travel Website Down, Cruises Canceled Last Minute
  4. TSA Will Now Allow Teens to Access PreCheck with Parents or Guardians
  5. Tips for Delivering Bad News to Your Clients
  6. 25 Qualifying Questions to Help You Nail Your Clients' Vacation Plans

MOST EMAILED

  1. 5 Reasons You Need to Use a Travel Advisor Now More Than Ever
  2. First Hand Look at the Soon-to-Open Sam Lord's Castle Barbados, A Wyndham Grand Resort
  3. U.S. State Department Updates Jamaica Travel Warning to Level 3
  4. Vantage Travel Website Down, Cruises Canceled Last Minute
  5. U.S. to End COVID-19 Vaccination Requirement for International Travelers
  6. 25 Qualifying Questions to Help You Nail Your Clients' Vacation Plans
TMR Subscription

Subscribe today to receive daily in-depth coverage, analysis of industry news, trends and issues that affect how you do business. Subscribe now for free.

Subscribe to TMR

Top Stories
Korean Cuisine: An Eclectic Experience for Foodie Travelers
Korean Cuisine: An Eclectic Experience for Foodie Travelers

Nothing transports travelers directly into the heart of a foreign culture they are visiting like sampling the local cuisine.

Read...
Frontier Introduces Dallas/Fort Worth to Montego Bay Flight
Frontier Introduces Dallas/Fort Worth to Montego Bay Flight

Frontier Airlines will operate the non-stop flight from DFW to MBJ three times weekly.

Read...
Why Sweden’s Gothenburg is a Go-To Destination this Summer
Why Sweden’s Gothenburg is a Go-To Destination this Summer

Gothenburg is not as famous as its neighbor cities, but is still well worth a visit. 

Read...
Los Cabos Sees Rapid Recovery from COVID Due to Spike in Air Travelers
Los Cabos Sees Rapid Recovery from COVID Due to Spike in Air Travelers

Los Cabos is seeing a surge in visitors from around North America. 

Read...
American Cruise Lines Intros 35-Day Civil War Battlefields Cruise
American Cruise Lines Intros 35-Day Civil War Battlefields Cruise

The 35-day, 13-state, three-ship cruise will visit nearly every major battlefield of the Civil War. 

Read...
One Year In, Mad Apple Parties on at New York-New York
One Year In, Mad Apple Parties on at New York-New York

Mad Apple, a cabaret-style performance, may be Cirque’s most provocative show ever.

Read...
TMR OUTLOOKS & WHITE PAPERS
Cruise Trend Outlook 2023
river cruise 2022
group outlook 2022
View All
Advertiser's Voice
https://img.youtube.com/vi/TIZwKLcPwbg/0.jpg
We Appreciate our Travel Advisors
About Travel Market Report Mission Staff Advisory Board Advertise
TMR Resources Webinars Calendar of Events Outlook/Whitepapers Previous Sponsored Articles Previous This Week Articles
Subscribe to TMR
Select Language
Do You Have an Idea Email
editor@travelmarketreport.com
Give Us a Call
1-(516) 730-3097
Drop Us a Note
Travel Market Report
71 Audrey Ave, Oyster Bay, NY 11771
News |Tours & Packages |Cruise |Hotels & Resorts |Destinations |Retail Strategies |Niche & Luxury |Air |Training & Events |Who We Are
© 2005 - 2023 Travel Market Report, an American Marketing Group Inc. Company All Rights Reserved | 243 South Street, Oyster Bay, NY, 11771 USA | Telephone (516) 730-3097| Terms and Conditions
Cookie Policy Privacy Policy