Record First Quarter Revenue
United Airlines reported a record revenue of $13.2 billion for the first quarter of 2025, marking a 5.4% increase from the previous year.
Strong Performance in Premium Segments
Premium cabin unit revenues were up mid-single digits, with international Polaris RASMs up 8% and international premium plus RASMs up over 5%.
High Customer Loyalty
United Airlines has gained significant market share and brand loyalty in key hubs like Chicago, Denver, and the Bay Area, leading in brand loyalty among six of its seven hubs.
Cost Management Success
CASM X increased by only 0.3% year-over-year, reflecting strong cost management efforts.
Strong Free Cash Flow and Reduced Debt
Generated over $2 billion in free cash flow and reduced debt by $1 billion in the first quarter, with a net leverage reduced to 2.0 times.
Positive Outlook for Full-Year Earnings
Even in a weaker economic environment, United expects to earn $7 to $9 per share for the full year 2025.