unitedairlines
ValueWalk
Major airline carrier United Airlines (NYSE:UAL) stock has been plunging with the market sell-off despite improvement in its underlying business. The epicenter stock of the pandemic can’t seem to catch a break. Even as the reopening was accelerated by spread of COVID vaccinations, Omicron surged to negatively impact bookings. Just as spring bookings started to recover in January, Putin decides to invade Ukraine. The Russian invasion of Ukraine has hurt the airline industry directly and indirectly. While flights into and out of Russia are no longer available, it’s the rising fuel prices that ar...
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Following are excerpts from CNBC interviews with American Airlines Group Inc (NASDAQ:AAL) CEO Doug Parker and United Airlines Holdings Inc (NASDAQ:UAL) CEO Scott Kirby on CNBC’s “Squawk Box” (M-F 6AM – 9AM ET) today, Thursday, January 20, 2022. Following are links to video on CNBC.com: Q4 2021 hedge fund letters, conferences and more American Airlines CEO: There’s Huge Pent-Up Demand For Travel In Coming MonthsUnited Airlines CEO Scott Kirby: Bookings Are Starting To Come Back, Forecast Profit In Q2Excerpts from American Airlines CEO Doug Parker interview:Parker On Omicron ImpactDOUG PARKER: I...
ValueWalk
United Airlines Holdings Inc (NASDAQ:UAL) has announced the addition of 200 Boeing 737 MAX and 70 Airbus A321neo to its fleet, as well as plans to modernize all of its narrow-body aircraft. “This is the largest order in the history of the airline and the largest made by a single airline in a decade,” said a company spokesperson. After the announcement, Boeing (NYSE:BA) shares jolted up 0.9% in premarket trading, while United’s dipped about 0.2%. United’s 270-plane order is the largest in its historyBy placing the record-setting order, United plans to replace 200 regional single-class aircraft ...
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