|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||10.40 - 10.82|
|52 Week Range||7.81 - 12.78|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep 26, 2019|
|1y Target Est||N/A|
UATP announced today it is broadening its work with PayPal to include Pay in 4 as an option for airfare purchased via UATP Merchant Airlines. With Pay in 4 from PayPal, customers pay for their purchases in four interest-free payments and merchants get paid up front.*
Japan Airlines Co Ltd (OTC: JAPSY) said Monday it has retired all of its Boeing Co’s (NYSE: BA) 777 jets powered by Pratt & Whitney PW4000 engines, a year earlier than scheduled after suspending operations in February. What Happened: Two back-to-back engine failure incidents, first in December involving a Japan Airlines jet and then another one involving a United Airlines (NYSE: UAL) flight in February, resulted in the global grounding of the 777s powered by the PW4000 series. The airline is using the opportunity to accelerate the retirement of all such jets from its fleet and plans to replace them with Airbus SE’s (OTC: EADSY) A350 jets. Japan Airlines has retired 13 of these jets, seven of which were scheduled to leave its fleet in March this year. The airline now plans to use its current fleet of eight A350s, with orders for 10 more, to handle most of its domestic demand. Why It Matters: The Tokyo-based airline said it would use the newer A350s on domestic routes to Osaka’s Itami Airport and use international planes for other domestic routes to help maintain flight frequencies. See Also: Boeing Seeks Grounding Of 777s Equipped With Pratt-Whitney Engine Model Raytheon Technologies (NYSE: RTX)-owned Pratt & Whitney PW4000 engines are used by a handful of other smaller airlines that include ANA Holding Inc (OTC: ALNPY), Korean Air Lines Co, Jin Air Co, and Asiana Airlines Inc. Price Action: Shares of Boeing closed 2.5% higher at $259.36 on Monday and Raytheon Technologies closed 0.82% higher at $77.91. Photo by BriYYZ on Flickr See more from BenzingaClick here for options trades from BenzingaBoeing Gets More 737 MAX Orders From Alaska Airlines Over December CommitmentCathie Wood's Ark Space Exploration ETF To Begin Trading On Tuesday© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
"JAL has decided to accelerate the retirement of all P&W equipped Boeing 777 by March 2021, which (was) originally planned by March 2022," the Japanese airline said on Monday in a notice on its website. JAL said it would use newer Airbus SE A350s on domestic routes to Osaka's Itami Airport and use international planes for other domestic routes to help maintain flight frequencies.