United Airlines Reports First Quarter 2025 Net Profit of $387 Million or $1.16 per Diluted Share

United Airlines has reported a first quarter net profit of $387 million or $1.16 per share on a year-over-year increase in revenue of 5.4 percent to $13.2 billion.  This is the carrier’s best first quarter result in five years, despite the challenging macroeconomic environment.

United Airlines Boeing 787-8 Dreamliner - Courtesy Boeing

On Tuesday (April 15, 2015), United Airlines reported their first quarter financial results for the period ending March 31, 2025.  The carrier reported a first quarter net profit of $386 million or $1.16 per diluted share on a year-over-year increase in revenue of 5.4 percent to $13.2 billion.  United’s first quarter total revenue per available seat mile (TRASM) increased 0.5 percent versus Q1 2024 to 17.58 cents, while cost per available seat mile (CASM) declined 3.4 percent to 16.77 cents.  Costs excluding fuel (CASM-ex) increased 0.3 percent compared to the same period last year to 13.17 cents.  At March 31, 2025, United Airlines had available liquidity totaling $18.3 billion.

In Tuesday’s announcement, United Airlines’ CEO, Scott Kirby, said,

“Our strategy coming out of the COVID pandemic was simple: Build the best airline in the world to attract brand-loyal customers.  The people of United Airlines have executed and built that airline.  United Next is on track and we will continue to execute our multiyear plan that has allowed United to thrive in any demand environment.  It has given us industry-leading margins in the good times and we expect to expand our lead further in challenging economic times.  Our ability to win brand-loyal customers and the resiliency of our business is a competitive advantage, and we are accelerating our investments in our product, service, technology and experience to further expand that lead.”

United Airlines' First Quarter 2025 Financial Results - Courtesy United Airlines

During the first quarter, United took delivery of their 1,000th mainline aircraft, enabling continued growth of their premium offerings with an average of 69,000 daily premium seats flown, up year-over-year by 7.0 percent.  The carrier also resumed service to Tel Aviv (TLV) from New York-Newark (EWR) with double daily flights, more service than any other U.S. airline.  United also expanded their service to warm weather destinations in the first quarter, flying their largest-ever schedule to the Caribbean, Latin America and Africa.  Additionally, in February the carrier launched their first-ever direct flight between New York-Newark and Dominica.   

At United Airlines, ‘Good Leads the Way.’  The airline operates the most comprehensive network among North American carriers with U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C.  United and United Express operate over 4,000 flights per day to more than 350 airports across six continents.  In 2024, United carried nearly 174 million customers, a company record. Shares in United's parent company, United Airlines Holdings, Inc., are publicly traded on the NASDAQ under the symbol ‘UAL.’

Source: United Airlines/Cision