United Airlines says it saw capacity glut coming, and prepared for it
The airline earned $1.3 billion, or $3.96 a share, in the second quarter, compared with $1.08 billion, or $3.24 a share, in the year-ago period. Adjusted for one-time items, the airline earned $4.14 a share, above FactSet consensus of $3.93 a share.Revenue rose 6% to $15 billion, slightly below the $15.04 billion analysts were expecting….