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

The article corrects a previous error, confirming that the ticker for United Airlines Holdings is 'UAL'.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:16 pm

United Airlines has placed an order for 110 new aircraft, with deliveries starting in 2028. The order includes 50 Boeing 787-9 and 60 A321neo aircraft. United has also secured options for up to 50 more Boeing 787s and purchase rights for up to 40 A321neos at the end of the decade.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:01 pm

United Airlines Holdings Inc. is reportedly close to placing an order for A321 jets from Airbus SE. The order will supplement United's existing backlog of 120 A321s from Airbus. United has also placed orders for Boeing Company's 737 Max model, indicating a balanced fleet diversification and expansion approach.

Portfolio Pulse from Akanksha Bakshi

October 03, 2023 | 3:30 pm

Delta Air Lines has discovered unauthorized components in less than 1% of its over 2,100 jet engines. Other airlines, including American Airlines, United Airlines, and Southwest Airlines, have also reported finding fake parts associated with AOG Technics Ltd. This London-based firm is under investigation over the spare parts it provided for a jet engine model produced by CFM International, a collaboration between General Electric and Safran SA. Delta confirmed that none of its aircraft are currently flying with unapproved parts.

Portfolio Pulse from Shivani Kumaresan

October 03, 2023 | 1:32 pm

United Airlines is reportedly close to an agreement to purchase a double-digit number of Airbus A321 narrowbody jets, according to Bloomberg. The exact number and financial details of the deal have not been disclosed.

Portfolio Pulse from Charles Gross

October 03, 2023 | 11:35 am

A potential government shutdown could negatively impact the airline industry, which has been recovering from the COVID-19 pandemic. The shutdown could lead to limited operations of federal agencies related to airlines, potential flight delays, and fewer customers. Airlines like American Airlines Group, Southwest Airlines Company, and United Airlines Holdings could be significantly affected. The U.S. Global JETS ETF, which provides investors with exposure to the airline sector, could also be closely monitored.

Portfolio Pulse from Chris Katje

September 29, 2023 | 6:55 pm

Heavy rainfall in New York City has led to flooding and a state of emergency declaration. The situation has impacted several businesses including United Airlines Holdings Inc (NYSE:UAL), Delta Air Lines (NYSE:DAL), Uber Technologies Inc (NASDAQ:UBER), and Lyft Inc (NASDAQ:LYFT). While airlines are experiencing delays and cancellations, ride-sharing services may see a decrease in rides as people avoid unnecessary travel.

Portfolio Pulse from Aaron Bry

September 29, 2023 | 4:46 pm

Jefferies analyst Sheila Kahyaoglu maintains a 'Hold' rating on United Airlines Holdings (NASDAQ:UAL) and lowers the price target from $65 to $48.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 3:27 pm

United Airlines has launched the United Military Pilot Program, offering active-duty U.S. military pilots conditional job offers as First Officers. The program allows military pilots to complete their service and meet all United hiring requirements before joining the airline. United has hired over 4,000 new pilots in the last 24 months and plans to hire over 10,000 this decade. The airline currently employs nearly 7,700 military veterans and 1,500 actively serving personnel.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:01 pm

United Airlines Holdings (NASDAQ:UAL) has received a mix of bullish and indifferent analyst ratings over the last quarter, with no bearish ratings. The average 12-month price target for the company has increased by 8.56% to $71.92, according to 13 analysts.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 6:00 pm

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