United Airlines Holdings Inc. Chief Executive Officer Scott Kirby sidestepped a question about if he's interested in buying rival American Airlines. But he did say discussions have been held with one airline about buying some assets.
CNBC's Phil LeBeau and United Airlines CEO Scott Kirby joins 'Squawk Box' to discuss the company's quarterly earnings results, reports of the company's interest in a potential merger with American Airlines, impact of the rising jet fuel prices, future of Spirit Airlines, travel demand outlook, and more.
The headline numbers for United (UAL) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
United Airlines (UAL) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.91 per share a year ago.
The Chicago-based carrier said it made tactical adjustments to contend with higher fuel prices, which increased $340 million in the quarter.
United Airlines cut its 2026 earnings forecast to an adjusted $7 to $11 a share, down from $12 to $14 a share at the start of the year, before the U.S. and Israel attacked Iran. The carrier's first-quarter earnings topped Wall Street's expectations and its unit revenue was up in every reported segment.
American Airlines issued a statement yesterday, refuting the idea of a potential merger with United Airlines.
A week after a report surfaced that United Airlines CEO Scott Kirby “floated” the idea of an American Airlines/United Airlines merger with Trump administration officials, the concept doesn't seem to have gained much support.
Airline stocks are one of the many sectors hit by renewed U.S.-Iran tensions , including United Airlines Holdings Inc (NASDAQ:UAL).
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for United (UAL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2026.
United Airlines CEO Scott Kirby floated a merger idea with the White House in February. The CEO had been mulling a potential deal last year, according to people familiar with his thinking.
United (UAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.