Forbes -
4 Mar 2016 20:43

A majority of United’s revenue is contributed by its US and International operations and this trend has remained constant over the last five years. However, the network carrier’s EBITDA contributed from its US and International operations has grown from almost 50% in 2010 to more than 58% in 2015, while the EBITDA from its Cargo business has declined from close to 35% to 24% during the same period. The key reason for this shift has been the gradual recovery in the air travel demand post the ...
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