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

A group of United Airlines employees have been caught stealing cannabis from checked luggage at San Francisco International Airport. Federal prosecutors charged two baggage handlers with conspiracy to distribute a controlled substance. The scheme has been going on since at least 2020.

Portfolio Pulse from Maureen Meehan

June 16, 2023 | 10:58 pm

Eve Air Mobility (NYSE:EVEX) and United Airlines (NASDAQ:UAL) plan to introduce electric commuter flights in San Francisco by 2026. The collaboration aims to establish the necessary infrastructure and future route network for electric flights in the Bay Area.

Portfolio Pulse from Anan Ashraf

June 15, 2023 | 8:40 am

Elon Musk supports the Capital Access Alliance's (CAA) campaign to increase long-distance flights at Ronald Reagan Washington National Airport (DCA). The CAA, which includes Delta Air Lines, is pushing for the Direct Capital Access Act to authorize 28 in and beyond perimeter flights at DCA, citing higher ticket prices and more time on planes for flyers.

Portfolio Pulse from Anan Ashraf

June 15, 2023 | 5:50 am

The U.S. House Committee has voted to raise the mandatory commercial pilot retirement age from 65 to 67, potentially affecting airlines such as AAL, ALK, BA, DAL, JBLU, LUV, SAVE, and UAL.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 3:53 pm

Airline stocks are trading higher due to overall market strength following the release of May CPI data.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 7:16 pm

United Airlines Holdings Inc (NASDAQ:UAL) is offering its pilots a contract with an incremental value above $8 billion over four years. The company is negotiating with the union to reach a formal agreement. CEO Scott Kirby predicts a full recovery in corporate travel despite a 25% reduction from 2019 levels.

Portfolio Pulse from Akanksha Bakshi

June 13, 2023 | 12:47 pm

Morgan Stanley's global survey of corporate travel managers indicates an expected increase in travel budgets for 2023 and 2024. Small and medium-sized businesses are leading the recovery, with 42% returning to pre-COVID travel levels. This trend may favor low-cost carriers like Southwest Airlines and Alaska Air Group.

Portfolio Pulse from Shivani Kumaresan

June 12, 2023 | 6:43 pm

The FAA has announced that flights to Philadelphia Airport have resumed after a temporary halt.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 2:09 pm

The FAA has grounded departures to Philadelphia International Airport due to low visibility, potentially affecting airlines such as DAL, LUV, SAVE, and UAL.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 12:33 pm

Inbound flights to LaGuardia Airport have been grounded once again, potentially causing disruptions for airlines such as American Airlines (AAL), Delta Air Lines (DAL), Spirit Airlines (SAVE), and United Airlines (UAL).

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 11:30 am

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