United Air Lines reported a second-quarter net income of $1.1 billion, up 54% year-over-year (YOY). Revenue was up 6% from the year-ago quarter to $11.4 billion, bolstered by rising demand systemwide. Operating expenses in the quarter edged up 3% YOY to $9.9 billion. Unit costs less fuel and profit staring, or CASM-ex, was up 0.6%. PRASM increased 2.5% YOY, led by a 9.1% jump in Latin America. The airline is projecting 3Q PRASM to be up 0.5%-2.5% with CASM expected to be up 1%-2%. The ...

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