1724 ET - United Airlines said air-travel demand is weaker but stable -- and that weakness is mainly coming from domestic travel. The airline said domestic passenger revenue per available seat mile (PRASM) fell 4% in the first quarter and domestic passenger load slipped 3.4 percentage points. Meanwhile, international PRASM climbed 5% and international passenger load rose almost two percentage points. Forward bookings over the past two weeks have stayed stable, United said, with international up 5%. CEO Scott Kirby said in March that a 50% drop in government-related travel had rippled into domestic leisure travel, which was also on a decline. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
April 15, 2025 17:24 ET (21:24 GMT)
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