Newark suffered from severe delays due to understaffing and runway construction before the FAA introduced a flight cap, helping United's bookings.

United Airlines (NASDAQ:UAL) has recovered early losses and is clinging to a modest gain on Thursday, as the company’s underwhelming second quarter results were offset by assurances from the CEO regarding the second half of this year and disruptions at a major hub.

CNBC’s Phil LeBeau and United Airlines CEO Scott Kirby join 'Squawk Box' to discuss the company's quarterly earnings results, state of air travel demand, Q3 forecast, travel around Newark Liberty International Airport,

United Airlines CEO Scott Kirby believes only his carrier and Delta Air Lines are properly positioned in the US market, predicting competitors will soon need to abandon unprofitable routes.

"Economic gravity is ultimately going to win," the United Airlines CEO said in predicting more low-cost airlines will pull back from costly routes like the Bay Area.

United Airlines is permanently axing U.S. domestic bus routes between airports in the coming weeks. The airline will be ending two routes later this summer and in the fall—its Denver to Fort Collins, Colorado, (DEN-FNL) and Newark, New Jersey, to Allentown, Pennsylvania, (EWR-ABE) Landline services.

On the same day that United Airlines forecast stability, Abbott Labs warned investors to expect a $200 million hit.

In the first of our winning stories from 2025's Airline Strategy Awards, which were held in London on 14 July, United Airlines chief executive Scott Kirby was recognised in the Executive Leadership: N

Q2 2025 Management View CEO J. Scott Kirby stated the quarter was further evidence that the "United -- next strategy continues to work and that the 2 brand loyal revenue diverse airlines continue to generate the bulk of industry profit.