United Airlines warns profit still suffering from Newark chaos — but travel demand picking up
1. Travel demand has picked up since July, driven by reduced uncertainty. 2. UAL forecasts lower earnings due to operational issues at Newark airport. 3. Adjusted profit estimate for the year is $9 to $11 per share. 4. Shares dropped 1.6% in after-hours trading due to earnings forecast. 5. Weak pricing power persists despite demand stabilization in the industry.