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

Mexico's President Lopez Obrador has announced that a reduction of flights at Mexico City International Airport will commence in November. This could potentially impact several US-listed airlines that operate in the region.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 2:49 pm

The article reports on the options activity of 10 industrial stocks in today's session. The stocks include DM, DDD, FTV, UAL, UNP, BA, TGI, ETN, AXON, and GTLS. The options activity includes both call and put options with varying sentiments, expiration dates, and strike prices.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:35 pm

The U.S. Department of Treasury released a report outlining the economic benefits of unions, stating that they lead to higher wages and better working conditions, benefiting not just union members but also nonunionized companies. The report comes amidst a reinvigorated labor movement across various industries, including United Parcel Service, Inc (UPS), Starbucks Corp (SBUX), United Airlines Holdings Inc (UAL), and Stellantis NV (STLA), which have all dealt with potential strikes and union labor negotiations.

Portfolio Pulse from Aaron Bry

August 29, 2023 | 5:12 pm

Ark Invest, led by Cathie Wood, has purchased nearly $3.9 million worth of shares in Archer Aviation Inc (NASDAQ:ACHR), demonstrating a bullish stance on the flying car company. The purchases were made through ARK Innovation ETF (NYSE:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Space Exploration & Innovation ETF (BATS:ARKX). Archer Aviation recently secured a $215 million equity investment from industry leaders including Boeing Co (NYSE:BA), Stellantis N.V. (NYSE:STLA), and United Airlines (NASDAQ:UAL).

Portfolio Pulse from Benzinga Neuro

August 29, 2023 | 2:25 am

UK airspace experienced a network-wide failure for air traffic control systems, causing widespread delays at several airports. Major airlines were affected, with hundreds of flights cancelled. The issue has been identified and remedied by National Air Traffic Services (NATS), but a huge backlog remains. Airlines such as British Airways, EasyJet, Loganair, Ryanair, and Aer Lingus have been impacted, with some offering refunds or free flight transfers due to the disruption.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 2:50 pm

Evercore ISI Group analyst Duane Pfennigwerth maintains an In-Line rating on United Airlines Holdings (NASDAQ:UAL) and lowers the price target from $65 to $58.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 2:11 pm

Morgan Stanley analyst Ravi Shanker predicts a durable surge in international travel, which is good news for US airlines. He expects the number of US passports issued in 2023 to set a new record due to the current travel boom. Delta Air Lines and American Airlines are set to expand flights to China once restrictions are eased. United Airlines is expected to be the most aggressive among the three due to its profitability on this route. Southwest Airlines has ratified several contracts with union work groups and continues negotiations. Frontier Group Holdings is facing fleet delays and operating challenges, but its stock is considered cheap enough to wait for 2024 normalization.

Portfolio Pulse from Shivani Kumaresan

August 24, 2023 | 5:36 pm

United Airlines has reported a slight decrease in the number of people flying the Friday before Labor Day compared to 2019. The busiest days to fly are expected to be August 31 and September 1, with more than 500k customers expected to fly United each day.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 4:31 pm

United Airlines Holdings is preparing for a record-breaking Labor Day holiday with nearly 2.8 million customers expected to fly. The company's bookings for international travel over the Labor Day holiday period are up 35% compared to 2019 and up 29% compared to last year.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 4:30 pm

United Airlines Holdings Inc (NASDAQ:UAL) has agreed to a $30 million settlement with the family of a quadriplegic man who suffered significant brain damage after an incident while deplaning. The incident led to a cardiac arrest and reduced the man's life expectancy. The settlement includes $12 million for legal fees and $3 million for other expenses.

Portfolio Pulse from Shivani Kumaresan

August 24, 2023 | 2:08 pm

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