Aviation

United Airlines grows revenue to $14.2bn

United Airlines grew its operating revenue by 17.1 per cent to $14.2bn in the second quarter of 2023, compared to the same period in 2022. In a statement announcing the financial results, the company reported quarterly earnings per share of $3.24 and pre-tax margin of 9.8 per cent. Its net income appreciated to $1.1bn. The momentum from the second quarter was expected to power the company to full…
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Aviation

United Airlines Launches $150M Sustainable Aviation Fund.

United Airlines yesterday launched the airlines’ Ventures Sustainable Flight Fund of $150million. It is the first investment vehicle to support start-ups focused on decarbonising air travel by accelerating the research, production and technologies associated with…