Basic Economy Tickets Revenue Increased 20% At United Airlines In Q4 2023

Simple Flying

By Michael Doran

Published Jan 23, 2024

United Airlines carried 165 million passengers in 2023 at a load factor of 86.4%, the most passengers ever in a year.

Photo: Vincenzo Pace | Simple Flying

United Airlines achieved its full-year financial targets, reporting diluted earnings per share of $7.89 and adjusted earnings of $10.05.
The airline saw strong performance in the fourth quarter, with increased capacity, higher operating revenue, and revenue growth driven by premium cabins and Basic Economy.
United delivered several non-financial highlights, including aircraft orders, the opening of new United Club locations and terminals, and record-breaking passenger numbers, making it the world's largest airline by available seat miles in 2023.