Shares in United Airlines are on the way down despite the carrier reporting a bigger-than-expected increase in
This was driven by strong air travel demand and
the ability to charge more for seats after the grounding of
Boeing 737 MAX reduced capacity.
The three US airlines that operate the MAX - United,
American Airlines and Southwest Airlines - are cancelling thousands of flights each month since a
worldwide grounding in March following crashes in Ethiopia and
Indonesia that killed 346 people.
United Airlines reported net income of $1.05bn in the second quarter, up 54% from the same period in 2018.
But shares fell 0.8%. Earnings per share growth for the year is
expected to be slower than in 2018 due to the Max grounding and
closed Pakistani air space, which led to United to cutting its 2019
capacity growth target for a second time this year.
US airlines report service shutdowns
Southwest, Delta, and United airlines took to Twitter this morning to apologise for system-wide outages.
Southwest told fed-up passengers: "We're working through some technical difficulties".
Delta had a similar message for tired travellers: "Our team is working diligently to get this resolved and hope to have you on your way shortly".
United Airlines said: "It appears that we are experiencing an outage that is impacting our ability to create release paperwork".
However it looks as if the situation may have been been resolved, though it's not clear how many flights have been delayed - or cancelled - because of the outage.