financetom
Business
financetom
/
Business
/
Market Chatter: United Airlines Expects Lower Ticket Prices Through Summer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: United Airlines Expects Lower Ticket Prices Through Summer
May 30, 2025 7:23 AM

09:59 AM EDT, 05/30/2025 (MT Newswires) -- United Airlines (UAL) expects ticket prices to be slightly lower than expected for the spring and summer seasons, Chief Commercial Officer Andrew Nocella told Bloomberg Friday in an interview.

Despite the expected dip in prices, Nocella forecasts a "very busy" summer with aircraft operating at full capacity. The most popular international destinations for United this summer are Japan and southern Europe, with Nocella even expressing uncertainty about having enough seats to meet the demand for travel to Japan, the news outlet said.

Outbound travel from the US is robust and is more than compensating for a "small drop off" in demand for flights into the US from Canada and other countries, Nocella told Bloomberg.

United Airlines is also looking to expand its presence at New York's John F. Kennedy International Airport. However, flying capacity at all three major New York City-area airports, including JFK, is currently constrained by runway limits, Nocella said.

United Airlines didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 77.97, Change: -0.60, Percent Change: -0.76

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Meta's pay or consent model in crosshairs for breaching EU tech rules
Meta's pay or consent model in crosshairs for breaching EU tech rules
Jul 1, 2024
BRUSSELS (Reuters) -Meta Platforms ( META ) was charged by EU antitrust regulators on Monday for failing to comply with landmark tech rules as they took aim at the U.S. company's newly introduced pay or consent advertising model, already the target of privacy regulators and activists' ire. The tech giant launched the no-ads subscription service for Facebook and Instagram in...
Fidelis Partnership Syndicate Begins Underwriting at Lloyd's
Fidelis Partnership Syndicate Begins Underwriting at Lloyd's
Jul 1, 2024
06:32 AM EDT, 07/01/2024 (MT Newswires) -- Fidelis Insurance Group (FIHL) and Fidelis Partnership confirmed on Monday that Syndicate 3123, or the Fidelis Partnership Syndicate, has formally begun underwriting business at Lloyd's. The companies said Fidelis Partnership Syndicate aims to write $180 million in Gross Written Premium in H2 2024 and $450 million in 2025, covering various insurance and reinsurance...
AI-focused tech firms see big jump in market cap in June
AI-focused tech firms see big jump in market cap in June
Jul 1, 2024
(Reuters) - Artificial intelligence-focused companies, mostly chipmakers, saw big gains in their market capitalization at the end of June, with Nvidia ( NVDA ) briefly overtaking Microsoft ( MSFT ) to become the most valuable company in the world. Nvidia ( NVDA ) shares rose as much as 27% in June, boosting its market capitalization to $3.34 trillion, before giving...
BlackRock's Aladdin Gets Smarter: $3.2B Deal Adds Preqin's Private Markets Data
BlackRock's Aladdin Gets Smarter: $3.2B Deal Adds Preqin's Private Markets Data
Jul 1, 2024
BlackRock, Inc. ( BLK ) plans to acquire private markets data data solutions provider Preqin for £2.55 billion ($3.2 billion) in cash. This acquisition enhances BlackRock’s investment technology by adding a complementary data business and expanding into the emerging private markets data segment. With over 20 years of experience, Preqin covers 190,000 funds, 60,000 fund managers, and 30,000 private markets investors,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved