Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Scott Kirby

๐Ÿ‘ค Speaker
185 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
United Airlines CEO Talks Travel Demand

So it really is creating value for all of our customers, all the way from basic economy to winning much higher market share and the brand loyal customers.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

Really is a great resilient strategy when times are difficult, but a lot of upside as the economy recovers here in 4Q.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

Yeah.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

Well, as we've talked about before, Lisa, the airline industries are a pretty good real-time indicator of the economy.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

And we saw for much of the first half of the year economic stress and ticket prices were lower as a result of that.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

But as we got into the third quarter, bookings at least for future travel, the economy started to pick up, bookings started to pick up.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

And as we finished the quarter, we've set records each of the last several weeks on

Bloomberg Talks
United Airlines CEO Talks Travel Demand

Most corporate revenue that we've ever booked in a single week and a number of records, particularly in business travel, really kind of strong across the board, though.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

Internationals come back stronger.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

The period has extended.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

Premium is obviously stronger than main cabin.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

But really, we've seen improvement, you know, as we've moved through the third quarter, kind of across the board on revenue streams with the biggest strength in the corporate segment.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

Well, our business is about 80% U.S.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

point of sale, but we have and we saw a drop in international traffic earlier in the year.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

It's not quite back to last year's levels, but it has recovered and it's close to last year's level.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

So we did see a dip, but even that has come back and we think that's on the trend to getting back to normal pretty soon.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

Well, we've been growing in absolute growth, actually faster, I think, than any airline in the world has ever grown for several years in a row.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

And that's worked really well for United, and that's been successful.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

So we really haven't much changed our capacity.

Bloomberg Talks
United Airlines CEO Talks Travel Demand

We tweak it here and there.