** United Airlines shares UAL.O rise ~5.5% to $70.70 in extended trade
** UAL says forward bookings over the last two weeks have remained stable
** However, UAL expects adjusted profit between $3.25 and $4.25 per share in the current quarter, the midpoint of which is lower than $3.93 estimated by analysts, according to data compiled by LSEG
** UAL estimates an economic recession in the U.S. would lead to a 5 percentage point drop in its revenue, translating into FY adjusted profit of $7 a share to $9 a share
** Up to Tuesday's close, stock had fallen ~31% YTD
(Reporting by Utkarsh Shetti in Bengaluru)
((UtkarshUmesh.Shetti@thomsonreuters.com;))
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