United Airlines

The Past Week, In A Nutshell What Happened: “It’s certainly been a wild ride for stocks in 2020,” noted researchers at LPL Financial. “Barely past the halfway point, the year has already brought the worst pandemic to hit the U.S. in over 100 years, an unprecedented...

Chinese airlines can continue operating four scheduled passenger flights per week to the U.S. after the Department of Transportation on Monday lifted earlier restrictions on air access over a dispute with China about the treatment of U.S. airlines. The DOT modified a June 5 order limiting Chinese...

United Airlines (NASDAQ: UAL) has named Brett Hart as president, effective May 20. Hart, who joined United in 2010, is the airline's executive vice president and chief administration officer. The promotion is part of the airline's leadership succession plan announced in early December in which...

In a further concession to the spread of the coronavirus beyond China, United Airlines (NASDAQ: UAL) on Friday said it is reducing flights to  Tokyo and Osaka, Japan, Singapore and South Korea and extending flight suspensions to China through April 30. Meanwhile, logistics companies are warning...

RThe coronavirus is playing havoc with the air cargo industry as airlines, logistics providers and cargo owners scramble to implement contingency plans for moving goods. With nearly all passenger aircraft removed from China service, experts are warning businesses to prepare for a significant spike...

United Airlines (NASDAQ: UAL) is the first major international airline to stop service to Hong Kong because of the coronavirus outbreak in China.  The carrier announced Tuesday afternoon that it is suspending flights to Hong Kong beginning Feb. 8. It has gradually ratcheted down its schedule in...

United Airlines' (NASDAQ: UAL) 2020 capital spending will jump 40% from 2019's level largely because of a planned influx of new widebody airplanes. Company officials told securities analysts Wednesday that adjusted capital expenditures this year will be about $7 billion, up sharply from 2019's...

United Airlines' (NASDAQ: UAL) fourth-quarter cargo revenue fell 5.4% from a year ago to $316 million, but overall revenue was up 3.8% to $10.9 billion and the carrier reported diluted earnings per share of $2.53, which was up nearly 50% from the same period a year ago, according to results...

United Airlines Inc. (NASDAQ: UAL) has pulled the embattled Boeing 737 MAX from its flight schedule until June 4, nearly two months later than the expected return to service announced last week by rivals Southwest Airlines (NYSE: LUV) and American Airlines (NASDAQ: AAL).  Earlier on Dec. 20,...

Jet Blue Appoints Two Vice Presidents, United Airlines Announces CEO, and American Airlines Introduces a Passport Scan Feature JetBlue Airways Corporation (NASDAQ: JBLU) is once again the subject of a possible merger speculation and by no other than Delta Air Lines (NYSE: DAL) who...

United Airlines (NASDAQ: UAL) said Dec. 5 it is promoting President Scott Kirby to succeed Chief Executive Oscar Munoz, effective May 20. Munoz, 60, a former railroad executive who took United's reins in September 2015 and recruited Kirby, 52, from American Airlines, will transition to the role of...

United Airlines (NASDAQ: UAL) has made a firm order for 50 Airbus A321 extra-long-range aircraft to replace older, less efficient Boeing 757-200 aircraft, enabling a planned expansion of transatlantic routes from its East Coast hubs in Newark, New Jersey/New York and Washington Dulles International...

United Airlines (NASDAQ: UAL) expects to drive down growth in operating expenses starting next year by replacing smaller aircraft with larger ones, primarily on domestic routes.  Third quarter cost per available seat mile (CASM), excluding fuel and non-core expenses, increased 2.1% year-over-year...

United Airlines (NASDAQ: UAL) reported cargo revenue dipped 4.7% to $282 million year-over-year in the third quarter, but more than made up for it with passenger and ancillary revenue. Operating income soared 24.1% to $1.47 billion and net income grew 22.9% to $1 billion, with operating margin up 2...