United Airlines CEO: Business travel has 'plateaued', indicative of 'pre-recessionary behaviour'

7 December, 2022

United Airlines CEO Scott Kirby stated business travel has "plateaued", adding this is "indicative of pre-recessionary behaviour" (CBNC, 06-Dec-2022). Mr Kirby noted the carrier is not experiencing symptoms of a recession, however forecast a "mild recession" induced by the US Federal Reserve. Mr Kirby noted overall revenue continues to rise due to strong demand and capacity constraints.