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Travis Kelce and Taylor Swift get special airline flight numbers from United, American
New York Post· 2024-01-29 21:25
Travis Kelce and Taylor Swift have claimed the mantle of America’s hottest couple and two of our nation’s largest domestic air carriers have taken notice.United Airlines and American Airlines are honoring the Chiefs tight end and his pop superstar sweetheart with specially numbered flight codes for Las Vegas-bound flights as the AFC champions prepare to face the San Francisco 49ers in Super Bowl LVIII on Feb. 11.American’s Flight 1989 — named for Swift’s beloved album — is scheduled to run twice from Kansa ...
United (UAL) Resumes Boeing 737 MAX 9 Flights Post FAA Nod
Zacks Investment Research· 2024-01-29 16:21
United Airlines (UAL) announced on Jan 27 that it resumed operating passenger flights using Boeing 737 MAX 9 jets following the green light from the U.S. regulators. Notably, the flight departed from Newark to Las Vegas with 175 passengers and six crew members on board. This was the first time that UAL operated a Boeing 737 MAX 9 flight since the FAA order on Jan 6 to ground the jets.We remind investors that the FAA had ordered a temporary grounding of 171 Boeing 737 MAX 9 jets across the globe for safety-r ...
United Airlines Sees Business Travel Returning Despite Industry Headwinds
PYMNTS· 2024-01-23 22:42
The airline industry hasn’t had it easy in recent years.From the pandemic to macro headwinds impacting both workforce and supply chain realities, to the latest issues with Boeing and the company’s 737 Max 9 jets, the sector has found itself facing challenges.That was the message that United Airlines executives told investors during its earnings call Tuesday (Jan. 23) discussing its fourth-quarter and full-year 2023 financial results.The airline is the largest operator of Boeing’s 737 Max 9 planes, which rep ...
United Airlines shares higher as earnings beat overshadows profit warning
Proactive Investors· 2024-01-23 19:36
About this content About Philip Whiterow Philip has more than 20 years' experience writing about companies, general finance and investing matters for a variety of publications. His career has involved spells at the Investors Chronicle, where he was small companies and companies editor, Investors Week and most recently as editor of online financial news wire Sharecast. He has also contributed to a wide range of financial-focused publications on a freelance basis. Read more About the publisher Proactive fi ...
Why United Airlines Stock Took Off Today
The Motley Fool· 2024-01-23 19:29
United Airlines Holdings (UAL 6.28%) beat expectations for the fourth quarter and provided an upbeat outlook for 2024. Investors reacted with a cheer, sending United shares up 10.1% at the open on Tuesday. They remained up nearly 7% as of 1:30 p.m. ET on Tuesday.Record performance in an uncertain timeAirline investors have gone on a wild ride in recent years. The pandemic ground travel to a near halt, but consumers have rushed to airports since the great reopening, determined to make up for lost time. Unite ...
United(UAL) - 2023 Q4 - Earnings Call Transcript
2024-01-23 19:12
United Airlines Holdings, Inc. (NASDAQ:UAL) Q4 2023 Results Conference Call January 23, 2024 10:30 AM ET Company Participants Kristina Edwards - Managing Director of Investor Relations Scott Kirby - Chief Executive Officer Brett Hart - President Andrew Nocella - Executive Vice President and Chief Commercial Officer Mike Leskinen - Executive Vice President and Chief Financial Officer Conference Call Participants Ravi Shanker - Morgan Stanley Jamie Baker - J.P. Morgan Michael Linenberg - Deutsche Bank Conor C ...
United Airlines (UAL) Q4 Earnings & Revenues Top Estimates
Zacks Investment Research· 2024-01-23 18:51
United Airlines Holdings, Inc. (UAL) reported fourth-quarter 2023 earnings per share (excluding 19 cents from non-recurring items) of $2.00, which outpaced the Zacks Consensus Estimate of $1.61 but declined 18.7% year over year.Operating revenues of $13,626 million beat the Zacks Consensus Estimate of $13,546.8 million. The top line increased 9.9% year over year due to upbeat air-travel demand. This was driven by a 10.9% rise in passenger revenues (which accounted for 91.1% of the top line) to $12,421 milli ...
Airline stocks rise as United kicks off busy earnings week
CNBC· 2024-01-23 15:45
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023.United Airlines shares rose about 4% Tuesday after the company reported higher-than-expected earnings and revenue for the fourth quarter.The carrier hit its full-year adjusted earnings target of between $10 and $12 a share in 2023 and said bookings so far in 2024 have been solid.The report kicks off a busy week of airline earnings reports, with quarterly updates from American, Southwest ...
United Airlines Stock Soars After Strong Q4 Earnings Report—Key Chart Levels to Monitor
Investopedia· 2024-01-23 14:11
Key TakeawaysUnited Airlines stock was up nearly 7% ahead of Tuesday's opening bell after the airline surpassed analysts' top- and bottom-line expectations.The airline cautioned that the grounding of 79 of its 737 Max 9 jets will weigh on first-quarter earnings.The United Airlines share price may run into resistance around $44.50 near a horizontal trendline that dates back to March last year. United Airlines Holdings, Inc. Source: TradingView.com.Shares in United Airlines (UAL) jumped nearly 7% in prema ...
Markets Continue to Shine Amid High Interest Rates
Zacks Investment Research· 2024-01-23 00:01
Another positive day for the major indices in the stock market today, with the Dow closed just barely eking higher than 38K — 38001.94 — for the first time ever. The S&P 500 also notched another all-time high — 4850 — while the Nasdaq has reached a fresh 52-week high, 15,360. Yet it was the small-cap Russell 2000 which raced ahead of the pack this morning and stayed there, closing near session highs: +2.01%. None of the indices spent one second in negative territory today.Considering we were at near-term lo ...