United Continental: On Course to Lose Money Next Quarter?
Entering 2017, investors were hopeful that the new management team at United Continental (NYSE: UAL) would drive a turnaround at the long-struggling airline. Instead, the company is on pace to turn in yet another disappointing performance this year.
To make matters worse, United's management hasn't made a convincing argument that results will improve meaningfully in the near future. In fact, there appears to be a significant chance that United Continental will lose money in the first quarter of 2018.
During 2017, companies across the U.S. airline industry have been hit by unit cost increases. Wage inflation is putting pressure on non-fuel unit costs, while jet fuel prices have spiked. Many airlines have been able to offset some of this cost creep through higher unit revenue, but not United Continental.
Source: Fool.com
United Continental Holdings Stock
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