Streetbeat News

UAL

United Airlines Holdings, Inc.

https://www.united.com

Industry

Airlines, Airports & Air Services

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Open

86.00

Mkt cap

29B

Volume

4.3M

High

87.87

P/E Ratio

10.43

52-wk high

87.87

Low

85.60

Div yield

N/A

52-wk low

37.02

United Airlines Holdings Inc (NASDAQ:UAL) shares are trading higher due to the introduction of a new feature that enhances customer communication during weather delays. The feature uses generative AI tools to send real-time updates and radar maps to customers. United anticipates a record number of passengers over the Fourth of July weekend. The stock has lost over 12% in the last 12 months but is currently trading higher by 0.29%. Investors can also access the stock via U.S. Global Jets ETF (NYSE:JETS) and iShares U.S. Transportation ETF (BATS:IYT).

Portfolio Pulse from Shivani Kumaresan

July 03, 2024 | 2:12 pm

A United Airlines (NASDAQ:UAL) flight made an emergency landing after losing part of an engine liner, adding to a series of safety incidents that have placed the airline under regulatory scrutiny. The FAA is investigating, and United's safety procedures are under review. The incident has temporarily limited United's certification activities, impacting its growth.

Portfolio Pulse from Shivani Kumaresan

June 21, 2024 | 10:43 am

United Airlines expects a record-breaking July 4 weekend in 2024, with over 5 million passengers flying between June 28 and July 8. The airline anticipates more than 520,000 daily flyers and over 4,400 flights per day.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 5:41 pm

United Airlines Holdings (NASDAQ:UAL) has outperformed the market over the past 15 years with an average annual return of 20.04%, resulting in a $1000 investment growing to $13,876.75. The company currently has a market capitalization of $16.29 billion.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 3:00 pm

Magnite's SpringServe has been selected by United Airlines to manage inflight personal device entertainment advertising. This partnership aims to enhance the advertising experience for United Airlines' passengers.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 6:54 am

United Airlines Holdings shares are trading lower due to softer-than-expected US consumer sentiment.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 7:50 pm

Southwest Airlines (NYSE:LUV) is under pressure from Elliott Investment Management, which recently acquired a $1.9 billion stake, to reconsider its 'bags fly free' policy. Elliott is pushing for strategic changes, including the introduction of baggage fees, which could impact Southwest's customer loyalty. The airline's CEO, Bob Jordan, reaffirmed the commitment to the free bag policy, but potential compromises may be on the horizon.

Portfolio Pulse from Shivani Kumaresan

June 12, 2024 | 11:54 am

Southwest Airlines (NYSE:LUV) stock is trading higher on Monday following reports that Elliott Investment Management is taking a $2 billion stake in the airline. Despite recent challenges, including technology failures and missed earnings estimates, the stock is up 8.11% premarket.

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 12:29 pm

Elliott Investment Management has acquired a nearly $2 billion stake in Southwest Airlines (NYSE:LUV) and plans to push for changes to address the airline's underperformance. Southwest's share price has dropped over 50% in the last three years, contrasting with the performance of other airlines. Elliott is known for driving significant changes in underperforming companies.

Portfolio Pulse from Benzinga Neuro

June 10, 2024 | 2:15 am

United Airlines Holdings, Inc. (NASDAQ:UAL) announced the launch of Kinective, a new media network that uses travel insights for personalized, real-time ads and offers. The network will allow brands to market their products across United's platforms, including their mobile app and inflight entertainment systems. The company is already collaborating with brands like Norwegian Cruise Line, Macy’s, Chase United Co-Brand Credit Cards, and TelevisaUnivision. United Airlines shares are trading flat following the announcement.

Portfolio Pulse from Dylan Berman

June 07, 2024 | 2:53 pm

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