Coin World News: United Airlines CEO Scott Kirby said on Wednesday that as oil prices fall and demand remains resilient, the company is gradually offsetting the impact of high fuel costs. He said he is growing more confident that the airline is expected to achieve a double-digit pre-tax profit margin next year. Kirby said at the Bernstein Investor Conference that before the Iran situation caused fuel prices to rise, United Airlines was on track to deliver a double-digit profit margin this year. He added that falling oil prices have lowered the threshold for the airline to fully offset fuel cost shocks through revenue, and the progress toward achieving 100% recovery is likely moving forward.

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GovernanceVoting
· 17h ago
Next year's matters can wait until next year; first, get through this year.
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LiquidationRaincoat
· 17h ago
The use of the word "demand resilience" is good, indicating that everyone still loves to fly.
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0xCaffeine
· 17h ago
100% recovery sounds good, but executing it is another matter.
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GateUser-de2a15eb
· 17h ago
Basically, it's still betting that oil prices won't rebound; this gamble carries significant risk.
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GateUser-c1cab702
· 17h ago
Airline profits depend on oil prices; this logic is quite realistic.
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