Commodity Channel Index
Previous Close | 49.39 |
Open | 49.27 |
Bid | 50.24 x 900 |
Ask | 50.25 x 800 |
Day's Range | 49.27 - 50.44 |
52 Week Range | 31.58 - 55.04 |
Volume | |
Avg. Volume | 7,731,415 |
Market Cap | 16.471B |
Beta (5Y Monthly) | 1.42 |
PE Ratio (TTM) | 8.45 |
EPS (TTM) | 5.94 |
Earnings Date | Jul 18, 2023 - Jul 24, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Jan 07, 2008 |
1y Target Est | 62.41 |
Salaries are soaring amid a shortage of aviators and carriers negotiating bumper new contracts. They are expected to keep rising, which will mean these stocks will fare better than others.
Recently, Zacks.com users have been paying close attention to United (UAL). This makes it worthwhile to examine what the stock has in store.
The venture units of oil firms Saudi Aramco and Italy's ENI have joined the world's largest passenger carrier United Airlines to invest in British start-up OXCCU's efforts to slash the prohibitively high cost of lower-carbon aviation fuel, the companies said on Wednesday. The $22.7 million investment, led by U.S.-based investor Clean Energy Ventures, will go to Oxford University-affiliated scientists at OXCCU, one of several companies that have been searching for ways to replace kerosene and gasoline in plane engines. OXCCU says it can make fuel by combining carbon dioxide captured from industry or power plants with hydrogen made using renewably sourced electricity.
United Airlines (UAL) closed at $48.80 in the latest trading session, marking a +1.12% move from the prior day.
New internal data from global payment network UATP indicates that business travel is well on its way to a full recovery, defying some predictions that it would take until at least 2024 for a complete comeback. Leisure travel has also regained its full strength, showcasing a robust resurgence in the sector.
Solid air-travel demand boosts United Airlines (UAL). However, low liquidity is a headwind.
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ISTANBUL (Reuters) -The United States is in a "business recession" but the consumer is "strong", Scott Kirby, chief executive of United Airlines, the world's largest carrier, told reporters at an aviation conference in Istanbul on Monday. This can be seen as leisure air travellers come back stronger and faster than business travellers, Kirby said at the annual meeting of the International Air Transport Association (IATA). Premium leisure demand is much higher.
The United States is in a "business recession" but the consumer is "strong", Scott Kirby, chief executive of United Airlines, the world's largest carrier, told reporters at an aviation conference in Istanbul on Monday. This can be seen as leisure air travellers come back stronger and faster than business travellers, Kirby said at the annual meeting of the International Air Transport Association (IATA). Premium leisure demand is much higher.
The United Airlines pilots union has unanimously voted to authorize a strike vote, as pilots demand better pay and working conditions from United Airlines.
"You'll receive more communication regarding this impending strike vote in the coming days," the letter says. A spokesman for the Air Line Pilots Association (ALPA) said it has not yet set a date for the strike vote. This action comes months after pilots at Delta Air Lines ratified a contract that includes over $7 billion in cumulative increases in pay and benefits over four years.
United Airlines (UAL) intends to undertake a thorough search process to find a new CFO.
In the latest trading session, United Airlines (UAL) closed at $47.47, marking a -1.14% move from the previous day.
American Airlines rose early Wednesday after raising its Q2 outlook. Delta Air and United Airlines caught the updraft.
United Airlines Holdings on Wednesday said Gerald Laderman, executive vice president and chief financial officer, plans to retire next year after more than three decades with the carrier. The Chicago company said it plans to launch an external search for its next finance chief, adding that Laderman would continue to hold the post until his successor is in place. United said Laderman, who has been chief financial officer since 2018, would then continue as executive vice president of finance until his retirement next September to help support the transition.
United Airlines Holdings Inc said on Wednesday its Chief Financial Officer Gerry Laderman had announced plans to retire in 2024. The Chicago-based carrier plans to appoint a new CFO later this year. Laderman is expected to retire in September 2024 after being appointed to the role in 2018, the airline said in a regulatory filing.
The Chicago-based carrier plans to appoint a new CFO later this year. Laderman is expected to retire in September 2024 after being appointed to the role in 2018, the airline said in a regulatory filing. Laderman, a 35-year United veteran, played a pivotal role in steering the airline through the 2020 pandemic and lead the team that arranged $2 billion and $6 billion in financing.
Airports had more passengers over the Memorial Day holiday weekend than before the COVID-19 pandemic.
Travel from Friday through Monday over the holiday is a good sign. More than one good weekend may be required for investors to buy fully into airlines' optimism.
The gaze of investors now turns to what the Federal Reserve may do in a few short weeks.
Once again, United Airlines finds itself in the news. Its been a busy week for the airline, which has announced ambitious plans to double its amount of passengers in the next few years. United has announced plans to expand into Denver and has begun rolling out a new Live Updates program.
United Airlines certainly has been in the news a great deal lately. CEO Scott Kirby recently went on CNBC to make the bold claim that the airline will double the amount of passengers it carries in the next few years, and it also announced plans to expand in Denver. Airlines are always trying to win new customers and outshine the competition, and its clear that United is making aggressive moves of late.
Airlines and government officials are attempting to prevent another summer of aggravation for fliers, starting with Memorial Day weekend. The coming days will be the next test of whether carriers have staffed up enough and planned adequately for the crowds the airlines and airports say they are anticipating. The Transportation Department has said it intends to propose rules requiring airlines to compensate passengers for significant delays and canceled flights.
United (UAL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
United Airlines CEO Scott Kirby recently visited CNBC's "Squawk Box" to talk about his vision for the airline. The airline has ambitious expansion plans, and while CNBC's Becky Quick had doubts about the feasibility of it all, at least some of the expansions are set for later this year. United has announced plans to add 35 flights and six new routes from Denver.