United Airlines Finds Growth in Premium, International Offerings
1. UAL reported a strong Q1 with 91 cents adjusted profit per share. 2. International flight demand drove a 9.2% rise in premium cabin revenue. 3. Domestic PRASM decreased 3.9%, forcing UAL to cut domestic capacity. 4. Shares surged 6% initially but later pared back gains. 5. Premium leisure travel is resilient despite broader economic concerns.