United Airlines (NASDAQ: UAL) trimmed its third-quarter profit forecast on July 17 after continuing operational disruptions at Newark Liberty International Airport dented its performance for a second straight quarter. The airline cited infrastructure issues, air traffic control bottlenecks, and severe weather impacts that disproportionately hit its busiest hub.
According to Reuters, United now expects a 0.9 percentage point decline in Q3 profit margin due to Newark-related complications—after a 1.2-point hit in the second quarter. This has led to adjusted earnings per share forecasts falling below Wall Street expectations.
