Transportation

United Sees Resilient Demand as Premium Travel Drives Profit

A United Airlines plane taxis before takeoff at O’Hare International Airport (ORD) in Chicago on Oct. 10.Photographer: Christopher Dilts/Bloomberg

United Airlines Holdings Inc. expects brand-loyal flyers and demand for its premium seats to drive profit through the end of the year, maintaining momentum after reporting better-than-expected earnings for the third quarter.

The Chicago-based airline forecasts adjusted earnings per share in a range of $3 to $3.50 for the fourth quarter, United said on Wednesday. That’s ahead of the $2.82 average of analyst estimates compiled by Bloomberg.