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United Sees Airfare Weakness on Asia, Defers Long-Haul A350 Jets

  • Carrier predicts key revenue measure will weaken this quarter
  • Seat glut on trans-Pacific routes weighs on financial outlook

United Airlines projected a slowdown in a benchmark financial gauge as trans-Pacific fares weaken, and the carrier delayed delivery of four Airbus SE long-haul jets earmarked for those routes.

Passenger revenue for each seat flown a mile could rise as much as 1 percent or fall by the same magnitude this quarter, United said in a statement Tuesday as it reported earnings. That trailed a recent forecast by Delta Air Lines Inc., which predicted an increase of at least 2.5 percent.

United’s weaker outlook followed a second quarter in which United worked to recover from a public-relations fiasco after passenger David Dao was dragged from a plane in Chicago, suffering a broken nose and other injuries. The airline is also contending with financial pressure from a seat glut on routes to Asia, which is...


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