Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » U.S. Claps » Airlines ✈️ » United Airlines’ operating cost was just too much 💵

United Airlines’ operating cost was just too much 💵

by Omar El Shorafa
July 21, 2022
Nasdaq, UAL

The Clap
United Airlines has reported quarterly profit of $329 million but the significant increase in operating costs has hurt their margin..

The Deets
Increased travel demand pushed revenues by 24% from 2019 (pre pandemic period). This increase in demand came even with the high fare prices.

Unit costs have also increased by 17% since Q2 of 2019. Fuel witnessed a bigger surge in price.

Following the news, United Airlines do not plan on growing operations yet, as they want to proceed with caution given the ongoing economic and political situation. They plan on expanding operations by 8% next year, which is down from the initial 20% planned in 2019.

Why is this important?
The news following the earnings report pushed the stock down by around 7%. Revenue was recorded at $12.11 billion, less than the expected $12.16 billion. In addition to that, higher costs had a larger impact on the airline’s bottom line.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Amazon, Revenue, Claps
Tech 📲

Amazon sets modest forecast ☁️

by Omar El Shorafa
February 3, 2023
Claps, Tech, NASDAQ
Tech 📲

Meta reports strong Q4 earnings 📱

by Omar El Shorafa
February 2, 2023
Claps, Airlines
Airlines ✈️

Boeing plans to boost production ✈️

by Omar El Shorafa
January 30, 2023
Intel, Chips, NASDAQ
Tech 📲

An underwhelming quarter from Intel 📉

by Omar El Shorafa
January 27, 2023
Claps, Health
Tech 📲

Amazon offer medical subscription service 💊

by Omar El Shorafa
January 25, 2023
Claps, Tech
Tech 📲

Microsoft posts bitter-sweet quarter 💻

by Omar El Shorafa
January 25, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)