United says domestic leisure fares are topping 2019 levels as bookings pick up

A United Airways Holdings Inc. employee helps a traveler at a price counter for Hawaii at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020.

David Paul Morris | Bloomberg | Getty Pictures

Summer holidays are getting more and dearer as travelers return from the long pandemic lull.

United Airways acknowledged Tuesday that yields on home leisure tickets bought this month topped 2019 ranges and acknowledged the pattern would proceed thru summer season, echoing identical feedback from Southwest Airways closing week.

United acknowledged total income per on hand seat mile, a gauge of how much income airlines are bringing in compared with its ability, would be down 12% for the second quarter from outdated steerage of about a 20% decline. Veteran change hotfoot demand of is weighing on yields overall, though these are end to 2019 ranges, United acknowledged.

United expects to accumulate to post obvious adjusted earnings sooner than ardour, taxes, depreciation and amortization within the third quarter and narrower losses for the second quarter.

U.S. airport screenings have returned to pre-pandemic volumes nevertheless are easy low for this time of year. On Monday, the Transportation Security Administration acknowledged it screened 1.86 million folk compared with 2.1 million on the identical date in 2019 and proper 267,451 closing year.

United shares were up 3.2% in premarket buying and selling.