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

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United CEO says business travel has 'plateaued' but revenue is still rising
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Kirby said the carrier isn't seeing a recession in its data but forecast a 'mild recession induced by the Fed.'

"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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