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.

(Reuters) -United Airlines shares fell 3% in premarket trading on Thursday, after the U.S. carrier flagged a hit to third-quarter earnings from operational snags at Newark airport. The Newark airport,

The FAA's flight caps at Newark, which were implemented in response to rampant delays and cancellations in April and May, are working. But what will happen at the end of October, when the caps expire?