United Airlines seat demand snapping back faster than expected
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United Airlines announced that customers are hitting the skies faster than expected – well before the peak of the summer travel season kicks off.
The airline said that domestic leisure yields on tickets purchased since the beginning of the month for travel during the second quarter have "reached levels similar to 2019," according to a regulatory filing. Ticket yields refer to the process that allocates a certain number of seats per flight at a discounted rate, full fare, frequent flier miles and last-minute sales.
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UNITED AIRLINES HOLDINGS
During that same time, yields on tickets purchased for domestic leisure travel have exceeded 2019 levels, a trend the airline projects will continue during the summer travel season.
However, the airline cautioned that demand for business travel "continues to be significantly depressed" although bookings "are starting to recover."