United's Premium Flyers Stay Resilient Through Price Hikes
Dow Jones
Yesterday
1350 ET - United Airlines says its customers have remained resilient despite higher fare prices. United flyers have disposable income and want to spend on experiences, even as prices rise due to higher fuel costs, CFO Mike Leskinen says during a Morgan Stanley conference. Demand has stayed strong in 3Q and bookings are strong for 4Q, though there is a little weakness among lower-income consumers, Leskinen says. "If you squint at some of the lower-priced tickets, you might be able to find something there," he says, but Premium tickets are "humming along very nicely."
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