United Airlines Expands Asia-Pacific Network, Plans Direct Flights To Manila And More
Portfolio Pulse from Lekha Gupta
United Airlines Holdings Inc (NASDAQ:UAL) has announced plans to expand its Asia-Pacific network, including launching the first direct flight from the continental U.S. to Manila. The company will also add more non-stop flights to Tokyo, Hong Kong, and Taipei starting in October. This will make UAL's transpacific network 50% more robust than all other U.S. airlines combined, excluding mainland China flights. In April, UAL expanded its South Pacific network by adding a direct flight to Christchurch, New Zealand. UAL shares are up 1.09% at $53.91.
July 18, 2023 | 3:13 pm
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United Airlines plans to expand its Asia-Pacific network, which could potentially increase its market share and revenues. The company's stock is currently up 1.09%.
The expansion of United Airlines' Asia-Pacific network could potentially increase its market share in the region, leading to higher revenues. This positive news could have contributed to the 1.09% increase in the company's stock price.
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