United Air raises forecast for first-quarter flight capacity

Markets Reuters

(Copyright Reuters 2017)

United Continental Holdings Inc on Monday raised its forecast for first-quarter flight capacity, a keenly watched industry metric.

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The No. 3 U.S. airline by passenger traffic said it expects capacity growth of 2.6 percent for the quarter ended March 31, compared to a prior forecast of a 1-2 percent increase.

(Reporting by John Benny in Bengaluru; Editing by Sai Sachin Ravikumar)