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United Airlines CEO Scott Kirby announced earlier this month at a Barclays
industrial event that the airline plans to retire part of its fleet early in
2025, according to a report by ch-aviation. This decision comes as the
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United Airlines to retire aircraft early amid profitability concerns
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Chicago-based airline anticipates lower-than-expected profitability results
for the first quarter of the year.
Phasing out 21 planes
According to the report, United Airlines intends to retire its most costly
aircraft due to concerns about lower-than-expected profitability in the first
quarter of 2025. The airline has not specified which aircraft type will be
retired. Simple Flying has reached out to United Airlines for comment.
Commenting on the decision during the Barclays industrial event in March 2025,
the carrier's CEO, Scott Kirby, said:
"Well, what we are doing is retiring 21 aircraft early. That is something that
will be cash-positive this year. "
Although the airline anticipates lower-than-expected profitability for the
first quarter, its full-year 2024 financial results remained positive.
In 2024, the carrier's net income was $3.1 billion, with an adjusted net income
of $3.5 billion. Meanwhile, full-year operating revenues were $57 billion, an
increase of 6.2% year-on-year (YoY). United Airlines pointed out that in 2024,
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Organizations Included in this History
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