United Airlines Sees Basic Economy—Not Just Premium Seating—as Growth Area

Key TakeawaysLike rival Delta Air Lines, United Airlines posted a sizable increase in quarterly premium revenue, notching 10% year-over-year gains.On its earnings call Wednesday morning, United executives made frequent note of their basic economy offerings after the carrier reported 20% revenue improvement for its cheapest tickets."As a competitive tool, it's done exactly what we wanted it to do," United Chief Commercial Officer Andrew Nocella said of basic economy. Like rival Delta Air Lines (DAL), United ...