On November 23, 2021, United Airlines planes will take off from Ronald Reagan Washington National Airport in Arlington, Virginia.
Drew Ander | Getty Images
United Airlines With the exception of the US government, travel demand has been resilient these days.
United’s chief financial officer Mike Leskinen said at the Barclays industry meeting on Wednesday that the government’s trip “stopped out of here” after taking office, referring to President Donald Trump’s term last month. .
Trump and his adviser, billionaire Elon Musk, vowed to cut government costs, with thousands of government workers being fired or offered to shop. Jobless claims are rising sharply in Washington, DC
The government’s travel segment is about 2% of United’s revenue, a United spokesperson said. The airline generated approximately $52 billion in passenger revenue last year. Leskinen said other demands have helped to make up for the shortfall.
Strong international leisure travel demand continues to outweigh domestic demand, Leskinen added.
