United Trimming Seats to Cut Costs Bucks Rivals’ Additions
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United Continental Holdings Inc. will trim available seats by as much as 1.4 percent this quarter, bucking increases by other U.S. airlines during the peak summer period.
Most of the capacity cuts will be on domestic routes, Chicago-based United said today in a regulatory filing. The world’s largest carrier also posted an adjusted second-quarter profit of $1.35 a share, matching analysts’ estimates, as it nears completion of integrating operations with Continental Airlines, which it bought in 2010.