United Airlines offers an upbeat outlook on improved pricing power

United Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street estimates in the fourth quarter on robust travel demand and improved pricing power. United said it is witnessing a strong and broad-based demand for travel across all geographies. United and rival U.S. carriers are also benefiting from a sharp reduction in airline seats in the domestic market, which has driven up ticket prices and bolstered the industry's earnings outlook.