United CEO says business travel has 'plateaued' but revenue is still rising

France Nouvelles Nouvelles

United CEO says business travel has 'plateaued' but revenue is still rising
France Dernières Nouvelles,France Actualités

Kirby said the carrier isn't seeing a recession in its data but forecast a 'mild recession induced by the Fed.'

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"It feels like business travel, and this probably is indicative of pre-recessionary kind of behavior, has plateaued even though our total revenues are still going up," Kirby said in an interview with CNBC's "Kirby said the carrier isn't seeing a recession in its data but forecast a "mild recession induced by the Fed."

"If I didn't watch CNBC in the morning ... the word 'recession' wouldn't be in my vocabulary, just looking at our data," he said.

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