1301 ET - United Airlines' capacity reduction at Newark airport could extend into early summer, Deutsche analysts say. United said on Friday it was eliminating 35 daily flights, or about 10% of its total departures at that airport. Deutsche analysts believe the reduction could last through at least mid-June when its third runway is expected to be fully operational. United is requesting that Newark become a Level 3 airport for the first time since 2016. This comes as Alaska, Delta, Frontier, Spirit and JetBlue all reduced capacity to mitigate slowing demand. Most airlines appear to be holding off on supply cuts until after the peak summer months, the analysts say. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
May 05, 2025 13:01 ET (17:01 GMT)
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