The Labor Department is reviewing United Airlines' leave policies after the carrier implemented stricter measures to crack down on employees abusing sick time. "Through numerous recent inquiries from workers, the Wage and Hour Division has become aware of a possible change in United Airlines' leave policies," said Jessica Looman, the Labor Department's wage and hour administrator. The FMLA ensures that certain employees have up to 12 weeks of unpaid, job-protected leave per year. Under the law, employees' g ...

Looman said the department will be working with the airline and workers to ensure that the company's leave policies are in compliance with the Family and Medical Leave Act." United told FOX Business that most of their flight attendants "are going above and beyond for our customers this summer," but that the number of sick calls has continued to "spike on weekends – and only weekends" this year. The Association of Flight Attendants-CWA, the union representing United flight attendants, claims the move is an a ...

United Airlines stock (NASDAQ: UAL) recently reported its Q2 results, with revenues slightly below and earnings above our estimates. The company reported revenue of $14.99 billion and adjusted earnings of $4.14 per share, compared to our estimates of $15.15 billion and $3.99, respectively. In this note, we discuss United Airlines' stock performance, key takeaways from its recent results, and valuation. The company reported a 3.8% y-o-y rise in average fuel cost per gallon. Looking forward, United Airlines e ...

More than 1,200 flights were canceled on Saturday, with over 900 of them in the United States, according to flight-tracking site FlightAware. On Friday, more than 5,000 flights were canceled worldwide, with about 3,400 in the U.S. Over 12,000 U.S. flights were delayed. "I am proud of our teams across the globe who worked around the clock today to safely get our operation back on track and care for our customers after the most disruptive technology outage in history," said United Airlines COO Toby Enqvist in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | --- | --- | --- | |-----------------------|----------------------------------------------------|-------------------|----------------|---- ...

"We're running the best operation in our history," United Airlines CEO Scott Kirby said during the earnings call for the quarter ended June 30. "We've now led the industry in domestic growth for three straight years. That cannot happen by accident." Throughout the quarter, United Airlines made strides in enhancing customer experience and operational efficiency. The introduction of Kinective Media — a pioneering platform leveraging travel behavior insights for personalized advertising — illustrates the airli ...

United Airlines Holdings, Inc. (NASDAQ:UAL) Q2 2024 Results Conference Call July 18, 2024 10:30 AM ET Company Participants Kristina Edwards - Managing Director, Investor Relations Scott Kirby - Chief Executive Officer Brett Hart - President Andrew Nocella - Executive Vice President, Chief Commercial Officer Mike Leskinen - Executive Vice President, Chief Financial Officer Conference Call Participants Jamie Baker - JPMorgan Andrew Didora - Bank of America Conor Cunningham - Melius Research Michael Linenberg ...

About this content Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The Canberra Times, an ...

Below, we present all comparisons (in % terms) with the second quarter of 2023 figures unless otherwise stated. Outlook So far this year, shares of United Airlines have gained 15.3%, outperforming the industry's decline of 12.7%. Operating revenues of $14.98 billion missed the Zacks Consensus Estimate of $15.13 billion. The top line increased 5.7% year over year due to upbeat air-travel demand. This was driven by a 5.2% rise in passenger revenues (which accounted for 91.2% of the top line) to $13.680 billio ...

With a forward price-to-earnings ratio of 4.6x, United Airlines appears to be inexpensive. This figure ranks at the 2nd percentile among United States industrial companies and sits below both Delta and American. Some justification for this is the firm's sky-high long-term debt-to-equity ratio of 328%. While U.S. Global Jets ETF currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys. Get This Free Report | --- | --- | |----------------------|-------| | | | ...