United Airlines CEO Predicts Double-Digit Pretax Profit Margins Next Year on Falling Oil Prices

According to Jin10, United Airlines CEO Scott Kirby said on May 28 that the airline expects to achieve double-digit pretax profit margins next year, citing falling oil prices and resilient demand. Kirby stated at the Bernstein Investors Conference that lower oil prices have reduced the threshold for the airline to offset fuel cost impacts through revenue, while demand remains strong.
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