Financial PerformanceSustained volatility in crude oil/jet fuel prices, rapid wage growth in the aviation sector, and general cost pressures could impact financial performance.
Investor ExpectationsUAL’s 4Q24 EPS outlook of $2.50-3.00 was in line with the Street but below our forecast and expectation of investors we spoke to, of around $3.
Macroeconomic FactorsMacroeconomic weakness and geopolitical tensions could curb discretionary spending on travel, with potential impacts on corporate travel recovery.