Airlines point to strong consumer demand in second quarter earnings calls

📆 7/20/2023 8:12 PM
📰 YahooNews

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'The demand environment remains strong,' United Airlines chief commercial officer Andrew Nocella said on the company's earnings call. 'September and October look particularly strong relative to both 2019 and July and August.'

"What we see in our whole bookings is really more of the same that we've been seeing all year," Delta CEO Ed Bastian told Yahoo Finance. "Our international bookings and demand look really strong, so I think we're looking at a very, very strong Q3, as indicated by our guidance, and I think we'll have a strong Q4 as well."

Despite three earnings beats from the major air carriers and increased full-year guidance, American Airlines stock was under pressure on Thursday, tumbling as much as 6%.

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