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Busy summer pushes United Airlines to a $1.14 billion profit_我的网站
一 | United Airlines said Tuesday that it earned $1.14 billion in the vacation-heavy third quarter, but the airline forecast surprisingly weak profit the rest of the year due to surging jet fuel prices.United said fourth-quarter adjusted profit would be between $1.50 and $1.80 per share, well below Wall Street expectations for $2.09 per share.The third quarter, however, was strong all around for the Chicago-based airline. United said after the market closed Tuesday that revenue increased more than 12% over the same period last year, led by international flights.United said it set quarterly profit records for service to both Europe and Asia, as more Americans traveled beyond U.S. borders. Domestic revenue also grew, though not as much.United's net income of $1.14 billion compared with $942 million a year earlier. The airline said earnings adjusted to exclude unusual items worked out to $3.65 per share, beating the Wall Street forecast of $3.38 per share, according to a FactSet survey of analysts.Revenue rose to $14.48 billion, topping the analysts' prediction of $14.43 billion.United's report comes after rival Delta Air Lines posted a $1.1 billion profit last week. Delta saw particular strength in sales of premium seats and international flights. It predicted that fourth-quarter revenue would rise as much 11% compared with a year ago.Both airlines are seeing the cost of new labor contracts — particularly with pilots — weigh on their results. United agreed in July to raise pilot pay by up to 40% over four years in a deal that the Air Line Pilots Association valued at $10 billion over that span.The price of jet fuel has also risen since mid-summer, although it remains cheaper than a year ago. Still, several airlines reduced their third-quarter profit forecasts in recent weeks as pump prices exceeded their expectations when the quarter began.United declined to make officials available for comment on the results until Wednesday, when they hold a conference call with analysts and reporters.。 HELSINKI -- Norway’s 86-year-old King Harald V, who has been in frail health in the past few years, has tested positive for the coronavirus and has mild symptoms, royal officials said on Sunday.“His Majesty the King has been diagnosed with corona and is on sick leave until he is symptom-free. The king has cold symptoms and stays at home,” the royal household said in a brief statement.The Norwegian monarch had also tested positive in March 2022 with mild symptoms. Officials have earlier said Harald had received three COVID-19 vaccine shots but it's not known whether he had received booster shots.Prime Minister Jonas Gahr Støre wished the king “a speedy recovery” in a comment to the Norwegian news agency NTB, which said Harald's son and heir to the throne, Crown Prince Haakon, would take over his duties for now.The aging monarch, who has been seen using crutches in various occasions, has been hospitalized several times in recent years.In August 2022, he spent three days with a fever at a hospital, and in December the same year, he was again admitted for an infection that required intravenous antibiotics.In October 2020, the king underwent surgery to replace a heart valve after being hospitalized with breathing difficulties.Despite health problems, he has been attending major public events in Norway and its Nordic neighbors. In September, Harald attended celebrations in Stockholm marking the 50th anniversary of Sweden’s King Carl XVI Gustaf’s accession to the throne.In May, the monarch, who was released from a hospital just days earlier, appeared on the royal castle’s balcony in Oslo to salute the thousands of children marching by as the country celebrated its Constitution Day.The king is Norway’s head of state but holds no political power, so his duties are ceremonial. Harald ascended to the throne following the death of his father, King Olav, in 1991.。
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