United and Delta set the pace in Q2 with premium-led passenger strength and cargo upside
Delta and United are reporting results that underline a “premium and service” advantage, with United also citing strong cargo momentum. United posted $805 million profit on $17.7 billion in gross revenue, while attributing second-quarter cargo revenue growth to higher volume and yield; management also expects to recapture 80%–90% of fuel cost increases by Q3 and fully recover by Q4.