United Airlines shares take off on upbeat summer travel forecast

United Airlines Holdings Inc (NASDAQ:UAL, XETRA:UAL1) shares rose about 6% on Wednesday after the carrier issued an upbeat summer travel forecast, pointing to strong demand driven by major global events, peak holiday travel, and continued momentum in international bookings. The airline said it expects more than 53 million passengers to fly United between June and August, an increase of roughly 3 million from last summer.