Will the dark clouds disperse? Travel demand warming up boosts confidence, United Airlines (UAL.US) raises full-year profit target.

It is learned from the Wise Network Finance APP that after experiencing a period of low performance caused by months of flight delays, trade frictions, and conflicts in the Middle East, United Airlines (UAL.US) adjusted its profit forecast for this year due to the rebound in travel demand, injecting a bit of optimism into the market. The company released its second-quarter financial report after the market closed on July 16, Eastern Time. Quarterly revenue increased by 1.7% to $152.4 million, falling short of analysts' expectations; adjusted earnings per share were $3.87, exceeding Bloomberg analysts' expectations of $3.84.