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The CEO of United Airlines claims that hybrid work has generated a permanent structural change in the demand for leisure travel

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2 years ago

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The desire for leisure travel has undergone a permanent structural change, according to the CEO of United Airlines.
On the airline’s third-quarter earnings call on Wednesday morning, CEO Scott Kirby claimed that because of hybrid employment every weekend could be a holiday weekend.
In the conversation, Kirby emphasized, This is not pent-up demand. Its the new normal.
In the third quarter of this year, Uniteds net income increased from $473 million in the third quarter of 2021 to $942 million.
However, United’s third-quarter profit decreased by 8% when compared to the comparable period prior to the pandemic in 2019.
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