United Airlines (UAL) reported a first-quarter turnaround and record revenue, sending its shares soaring in after-hours trading on Tuesday.
The Chicago-based airline reported first-quarter revenue of $13.2 billion, up 5% year-over-year and above Visible Alpha analysts’ expectations. Adjusted net income was $302 million, or 91 cents per share, compared with a loss of $50 million, or 15 cents per share, a year earlier, also above Wall Street expectations.
United shares rose nearly 7% in after-hours trading. As of Tuesday’s close, the stock has lost nearly a third of its value since 2025.
United Airlines expects “strong” second-quarter earnings
The results come as airlines face an uncertain economic environment. Last week, Visual Approach Analytics warned that the Trump administration’s tariff policy could expose air travel to “demand destruction.” Rival Delta Air Lines (DAL) also withdrew its full-year outlook, citing “current uncertainty.”
Looking ahead, United said it expects second-quarter and full-year earnings to remain “resilient” despite macroeconomic challenges. The airline said it plans to reduce off-peak flights on days with lower demand.
