United airlines announces financial results - expects highest quarterly revenue in company history in q2

First quarter results consistent with company guidance expects 10% operating margin for q2; and to be profitable for fy22 expects q2 trasm up about 17% business and long-haul international bookings accelerating rapidly chicago , april 20, 2022 /prnewswire/ -- united airlines (ual) today reported first quarter 2022 financial results and announced it expects to return to profitability in the second quarter on a robust operating revenue outlook, including total revenue per available seat mile (trasm) of approximately 17% over 2019, the strongest second quarter revenue guidance in company history. the company expects to be solidly profitable in the second quarter with an approximate 10% operating margin (on both a gaap and adjusted basis1), just 2.9 points less than 2019 operating margin and 3.5 points less than 2019 adjusted operating margin, despite cost headwinds driven by the recent fuel price spike.
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