The Chicago Journal

United Airlines among many set for a good year

United Airlines: Since many prominent companies are experiencing the effects of inflation, profit is difficult to estimate.

Due to the growing need for travel, United Airlines has a great prospect, while other firms are still considering their outlook for 2023.

The news

First-half and fourth-quarter forecasts for the major airline both exceeded Wall Street projections.

The positive news might be attributed to increased prices and surging demand for travel.

Airlines are again profitable due to customer demand for air travel and readiness to pay more.

The cost of building out networks, including personnel, fuel, and other fees, has dramatically decreased due to the increased demand for air travel.

The rise of airlines has also been limited by aircraft backlogs and delays, which has raised ticket costs.

Revenue

United Airlines earned $843 million on $12.4 billion in revenue in the last quarter of 2022, a 31% rise over the same period in the previous three months.

9% fewer flights were taken, but there were around 14% greater revenues than at the same time in 2019.

Even though unit costs increased by 21% from 2020, the revenue helped the airline make a profit.

Only 2% of United Airlines’ stock price rose during Tuesday’s extended session.

The quarterly update is another optimistic sign that airlines will end the year well, despite the winter storms and delays during the critical holiday travel season.

Other airlines

United, one of many major airlines, is bound for a prosperous year.

Last week, Delta Air Lines’ revenue and earnings exceeded Wall Street’s projections.

Its predicted first-quarter profitability, however, is outweighed by a more considerable expenditure brought on by an unforeseen pilot labor agreement.

American Airlines boosted both its profit and sales forecasts for the fourth quarter.

There will be a report made public on January 26.

Read also: Prices of 2022: the highs and lows

Fourth quarter

Refinitiv combined consensus expectations with seeing how United Airlines performed in the fourth quarter.

  • Adjusted earnings per share: $2.46
  • Total revenue: $12.4 billion

These projections come from Wall Street.

  • Adjusted earnings per share: $2.10
  • Total revenue $12.2 billion

2023 expectations

United Airlines predicts that its revenue from January through March 2023 will increase by 50% compared to the same period last year.

Additionally, the airline projects between 50 cents and $1 in earnings per share for the first quarter.

According to Refinitiv, it exceeds the 25-cent analyst estimate.

Compared to the same period last year, United Airlines anticipates a 20% rise in flight traffic in the first quarter.

The airlines predict a capacity increase in the high teens for the whole year compared to 2022.

As a result of the same unit revenues (revenue per available seat mile) as in 2022, the analysis assumes that the steep price increase may continue to level out when airlines add more flights.

In a presentation to investors, United said that a shortage of pilots, outdated technology, and labor issues would constrain the industry’s capacity.

Staff plans

Even though the aviation industry continues to have a labor shortage brought on by Covid, several airlines have plans to boost the number of pilots and crew members they hire this fiscal year.

United Airlines revealed on Tuesday that the Calibrate apprenticeship program and the United Aviate Academy started in November and early 2022, respectively.

A greatly updated and expanded flight attendant training facility has opened in Houston, according to the airline.

A new labor deal between United and its pilots has not yet been reached.

A proposed salary increase agreement between Delta and the pilots has not been ratified by their union.

United pilot union

United Airlines’ pilots union is preparing to elect a new head after the former one resigned.

CEO Scott Kirby predicts that the election will be concluded this month.

Kirby anticipates that when the new head is selected, negotiations will commence again around February 7.

He insisted that an agreement for a pilot contract ought to be finished right away.

To maintain non-fuel cost above the prior year, United noted in its investor presentation that it anticipated new agreements with pilots, flight attendants, technicians, and airport workers.

According to Scott Kirby, the most recent system breakdown at the Federal Aviation Administration is a case study showing how the industry’s supply constraints are a symptom of a bigger infrastructural problem.

He said that the FAA’s use of space and drones was taxing the resources typically utilized to maintain aviation infrastructure.

“They’ve had to rob Peter to pay Paul,” said Kirby. “They just don’t have enough resources.”

Kirby added that he travels to Washington, DC, twice a month to advocate for increased funding.

Reference:

United results top estimates a demand remains resilient despite high fares

Joe Biden goes the extra mile in act of commitment to Ukraine

Joe Biden Since more than a year ago, Washington has helped Ukraine thwart Russian assaults.

The United States’ support for Ukraine was demonstrated by President Joe Biden’s trip to Kiev on Monday.

Biden’s clandestine visit revealed his commitment to supporting the nation in its conflict with Russia.

The news

Due to his timing, Biden’s covert journey to Kyiv was extremely significant for the invasion.

Reports state that the invaders are getting ready for a spring offensive as Ukraine works to quickly recapture the area.

Air raid sirens were audible across Kyiv during the visit, and President Volodymyr Zelesnky and Biden were observed strolling through St. Michael’s Church.

The US President arrived at the Mariinsky Palace in Kyiv at 8 am local time after a lengthy journey from Washington.

Biden was greeted and praised for visiting by Zelensky.

President Joe Biden said that the US will give $500 million in help to Ukraine during the visit.

The package includes the following:

  • Artillery ammunition
  • More javelins
  • Howitzers

Moreover, Biden stated that this coming week, the US will penalize Russia once more.

“One year later, Kriv stands. And Ukraine stands. Democracy stands,” said the US President.

Support

In an effort to turn the tide of the war, Western nations other than the United States have sent tanks, guns, and ammunition to Ukraine.

With his personal visit, President Joe Biden clearly conveys US support for Zelensky and the Ukraine.

President Vladymyr Zelensky has been working to rally his country and enlist help for the past year.

American officials claim that the infusion of arms will provide Ukraine a tactical advantage against Russia and raise Zelensky’s negotiation power.

What conditions the Ukrainian president will be open to during future peace negotiations are as of yet unknown.

The US, like other nations, has decided not to comment on potential settlement terms, stating Zelensky will make the final decision.

High stakes

President Joe Biden made a symbolic trip to Kyiv the day before Russian President Vladimir Putin was supposed to deliver a speech to commemorate the conflict’s anniversary.

According to Biden, Putin’s invasion of Ukraine was failing.

“Putin thought Ukraine was weak and the West was divided,” said Biden as Zelensky stood beside him.

“He thought he could outlast us. I don’t think he’s thinking that right now. He’s just been plain wrong.”

“One year later, the evidence is right here in this room. We stand together.”

As the war reaches its second year, President Joseph Biden gave a justification for his trip to the Ukrainian capital at the presidential palace.

“I thought it was critical that there not be any doubt, none whatsoever, about US support for Ukraine in the war,” said Biden.

“The Ukrainian people have stepped up in a way that few people ever have in the past.”

Read also: Mike Pence joins Trump and Biden in holding documents

In order to show the wide, political support in Washington, the US president said:

“For all the disagreement we have in our Congress on some issues, there is significant agreement on support for Ukraine.”

“It’s not just about freedom in Ukraine,” he continued. “It’s about freedom of democracy at large.”

Planning for the upcoming months of hostilities was the main topic of Biden’s talk with Zelensky, according to national security advisor Jake Sullivan.

“The President was very focused on making sure that he made the most of his time on the ground, which he knew was going to be limited,” said Sullivan.

“So he was quite focused on how he was going to approach his conversation with President Zelensky and in part how the two of them were really going to look out over the course of 2023 and try to come to a common understanding of what the objectives are.”

Others visit Ukraine

Following the meeting between Zelensky and other European leaders in Kyiv, President Joseph Biden was keen to travel to Ukraine.

The following leaders visited Ukraine:

  • French President Emmanuel Macron
  • German Chancellor Olaf Scholz
  • Canadian Prime Minister Justin Trudeau
  • British Prime Minister Rishi Sunak
  • Former British Prime Minister

The respective secretaries of state and defense, Anthony Blinken and Lloyd Austin, also went to Ukraine to show their support.

Leading members of the White House, including CIA Director William Burns, visited the Ukrainian capital this month.

Also, on Mother’s Day in 2022, Dr. Jill Biden, Biden’s wife, traveled to Ukraine.

She met Zelensky at a school that had been transformed into a makeshift housing for displaced Ukrainians in a tiny village in the southwest of the nation.

Anniversary

President Joe Biden wants to show his support for Ukraine as the conflict’s anniversary on February 24 draws near.

The question of how long the West and the United States can survive is still open.

This was Biden’s eighth trip to the city, and each one had been more crucial than the last, he said.

Also, Vladymyr Zelensky was informed of the US’s “here to stay” stance by President Joe Biden, who made it clear that this was the purpose of his visit.

“We’re not leaving,” said Biden.

Emiliette Morales: Discovering International Culture Through Food Recipes

Traveling has the power to broaden someone’s perspective. For the passionate traveler Emiliette Morales, flying across the world and ticking one country after another off her list has definitely broadened her horizons. The 27-year-old has seen many landmarks, met various people, and experienced diverse cultures. Today, she shares them with the world.

Emiliette Morales is also known as Memeliette on various platforms. She has been to 45 countries and doesn’t plan on stopping there. To share her experiences with others, the avid traveler wrote a book about her interactions with different people and learned to appreciate and prepare international food. The book entitled à la carte captures food, travel, and culture within its pages. It contains recipes from countries in Asia, Europe, the Americas, and Africa.

Food is a genuine reflection of culture. Emiliette Morales wants to feature those she has come across by telling the world about their cuisine. Not only does she tackle recipes for her readers to learn but she also talks about the people’s way of life where a particular recipe or food practice originated. She also includes photos of the places she visited to accompany the recipes.

While most cookbooks tackle a specific cuisine such as Italian or French, Emiliette Morales has made the bold choice to tackle various specialties across different cultures. The international cookbook truly celebrates the unity and bridges that food can provide for people. For centuries, food has been a way for different nationalities to connect, and the author has indeed captured that. 

To further explain the process and compliment her book, Emiliette also has a YouTube channel called Memeliette Abroad. In the video platform, she provides a visual explanation of preparing the food in her book. She also uploads clips and short films of her trips abroad, where she shows beautiful places around the world, shares traveling tips, as well as inspires others to get out and explore. 

The book à la carte is part of Emiliette Morales’ company called EMAK productions. The brand celebrates everything international from travel and food to people. Emiliette was motivated to build her company because she wanted to share how she feels every time she goes abroad. The author provides them with nuggets of information on different countries that they would not otherwise know from other sources. “I want it to make it easier for others to learn,” said Emiliette. 

Currently, Emiliette Morales is working on opening a delivery-only fine pasta service in Plano, Texas. It will be called Emilia’s Cucina and will serve authentic pasta dishes to her community. Besides that, Emiliette is also looking forward to writing a second part for à la carte and another book centered on international desserts. She is also working on another masterpiece called Christmas Around the World: A Recipe Book.

Beyond the recipes, Emiliette Morales has genuinely taken her readers and viewers on an adventure. Not only has she inspired hundreds to explore diverse cuisines, but she also encourages them to respect and value every culture outside of their horizons. 

To learn more about Emiliette Morales and see photos of her adventures abroad, visit her Instagram and YouTube channel.