United Airlines to slash flights by 4% his summer due to softer demand, recession fears: ‘Impossible to predict'
1. United Airlines to cut domestic flights by 4% due to soft demand. 2. Forecasts lower profit amid economic concerns linked to trade war. 3. Stable forward bookings for premium cabins; however, concerns persist. 4. Recession could lead to a 5% revenue drop, profit revised downwards. 5. Industry-wide travel demand stagnates, affecting pricing power significantly.