United Airlines is forecasting higher earnings for the fourth quarter of 2025, expecting to earn between $3 and $3.50 a share, compared to analysts’ estimate of $2.86 a share. The airline has been expanding its flying capacity, increasing 7% in the third quarter, with unit passenger revenue falling 3.3% for domestic travel and 7.1% for international.

United CEO Scott Kirby defended the airline’s growth plan, highlighting investments in network, technology, inflight Wi-Fi, refreshed cabins, and lounges. The carrier has been winning loyal customers and reported better-than-expected earnings for the third quarter, although revenue fell below estimates. Earnings per share were $2.78 adjusted vs. $2.62 expected, with revenue at $15.23 billion.

United Airlines is competing with Delta Air Lines to attract more affluent travelers, expanding its global network with destinations like Greenland and Mongolia. Premium-cabin revenue rose 6% in the third quarter, while sales from basic economy increased by 4%. The carrier, along with others, reduced earnings forecasts earlier in the year due to fluctuating demand and oversupply of flights impacting airfare.

Read more at CNBC: United Airlines (UAL) 3Q 2025 earnings