1253 ET - Commentary from United Airlines, issued as the carrier posted stronger-than-expected 4Q results, could signal that favorable reports from other airlines are on the way, UBS analysts say in a research note. United's 4Q earnings beat was primarily driven by stronger revenue per available seat mile, a metric used by airlines to measure how efficiently they generate revenue from capacity. RASM was up 1.6% year-over-year, as international strength offset weaker domestic trends. United said in it earnings release that it's seeing "robust demand trends in 1Q with domestic RASM expected to turn solidly positive year-over-year, as well as continued improvement in international RASM." The analysts say momentum in domestic RASM provides a favorable read to other airlines including American, set to report Thursday, and Southwest, set to report next week. (connor.hart@wsj.com)
(END) Dow Jones Newswires
January 22, 2025 12:53 ET (17:53 GMT)
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