United sees airfare weakness on Asia, defers long-haul A350 jets

(July 19): United Airlines projected a slowdown in a benchmark financial gauge as trans-Pacific fares weaken, and the carrier delayed delivery of four Airbus SE long-haul jets earmarked for those routes.

Passenger revenue for each seat flown a mile could rise as much as 1% or fall by the same magnitude this quarter, United said in a statement Tuesday as it reported earnings. That trailed a recent forecast by Delta Air Lines Inc., which predicted an increase of at least 2.5%.

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