United Airlines Holdings Inc (NASDAQ:UAL) stock fell 2.30% (As on October 16, 11:23:35 AM UTC-4, Source: Google Finance) after the company posted mixed results for the third quarter of FY25. United said premium cabin revenue rose 6% year over year in Q3, with revenue from Basic Economy rising 4% year over year and loyalty revenue up 9% year over year. The company invested in customers at every price point: Seatback screens, an industry-leading mobile app, extra legroom, a lie-flat United Polaris seat, and fast, free, reliable Starlink on every plane by 2027. United continues to make significant investments in winning brand-loyal customers, including more than $1 billion planned on enhancements including Starlink installations, seatback screens, and 25% more on food. United plans to invest an additional $1 billion in the customer experience in 2026. United had its highest third-quarter completion factor3, carried more than 48 million customers, the most-ever during a quarter, and flew its largest daily mainline schedule with 2,940 daily flights carrying more than 427,000 passengers a day. Six of United’s seven hubs ranked first or second for on-time departures. United’s network strength is another reason it is winning customer preference. Last week it announced summer 2026 flights to Split, Croatia; Glasgow, Scotland; Santiago de Compostela, Spain; and Bari, Italy, while also bringing back all six new Atlantic destinations from its summer 2025 international expansion. United is the largest carrier across the Atlantic, with service to 46 cities planned for 2026.
Moreover, during the third quarter, Capacity up 7.2% compared to third-quarter 2024. TRASM down (4.3%) compared to third-quarter 2024. CASM down (2.8%), and CASM-ex1 down (0.9%), compared to third-quarter 2024; 1 point of expense moved from third-quarter 2025 to fourth-quarter 2025 primarily driven by maintenance and a reduction of 1 point of labor expense due to the timing of certain union contracts.
UAL in the third quarter of FY25 has reported the adjusted earnings per share of $2.78, beating the analysts’ estimates for the adjusted earnings per share of $2.64. according to the Zacks Consensus Estimate. The company had reported the adjusted revenue growth of 2.6 percent to $15.23 billion in the third quarter of FY25, missing the analysts’ estimates for revenue by 0.51%. The company’s ending available liquidity4 of $16.3 billion. Total debt, finance lease obligations and other financial liabilities of $25.4 billion at quarter end. Prepaid the remaining $1.5 billion balance of the MileagePlus bonds, resulting in full repayment of all debt secured by the MileagePlus business.
Looking ahead, United said it anticipates Q4 adjusted EPS in the $3.00 to $3.50 range, topping the $2.82 estimated.