United Air Says Newark Disruptions to Trim Quarterly Profit (1)

United Airlines Holdings Inc.’s second-quarter profit will take a hit due to flight disruptions and air traffic control outages at its Newark hub that drove away passengers and forced the carrier to cut ticket prices for the summer.

United’s adjusted profit will likely be in the middle of its earlier guidance of $3.25 to $4.25 a share, Chief Executive Officer Scott Kirby said Thursday at The Future of Everything conference sponsored by the Wall Street Journal. Absent the Newark issues, the airline probably would have hit the high end of the range, he said. Analysts are expecting $3.87 a ...