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Here's Why Investors Should Retain United Airlines Stock Now
ZACKS· 2024-09-30 22:21
United Airlines (UAL) is benefiting from upbeat air travel demand. UAL's proactive measures toward sustainability and innovation are praiseworthy. However, weakness in liquidity and increased operating expenses are hurting the company's prospects. Factors Favoring UAL United Airlines' commitment to sustainability is commendable. The airline aims to achieve net-zero greenhouse gas emissions by 2050 and has purchased more sustainable fuel than any other U.S. airline in 2023. In September, UAL and the San Fran ...
United (UAL) Soars 8.8%: Is Further Upside Left in the Stock?
ZACKS· 2024-09-27 22:11
United Airlines (UAL) shares soared 8.8% in the last trading session to close at $58.85. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 30.9% gain over the past four weeks. United Airlines, like other major airline stocks, was buoyed by Southwest Airlines' (LUV) upbeat views, announced on Sep. 26, 2024, on third-quarter 2024 unit revenues and fuel costs. LUV also laid out an impressive roadmap for its growth and announced a new ...
Here's Why United Airlines Stock Soared This Week
The Motley Fool· 2024-09-27 19:19
Airlines have given a slew of positive updates recently. It's been a good week for airline stocks, with United Airlines (UAL 8.76%) and others enjoying double-digit returns over the last week. For example, United stock is up 12.8% in the week to Friday morning. Airline stocks are flying There have been many positive trading updates and third-quarter guidance upgrades in the sector recently, and this week's move builds on it. Investors were concerned about relatively high interest rates putting pressure on c ...
United inks deal with Elon Musk's SpaceX to offer free WiFi on flights
Business Insider· 2024-09-16 17:50
United Airlines will soon offer free WiFi via Elon Musk's Starlink service on all its flights. The airline plans to test the service in early 2025. United is the latest airline to use Starlink, after Hawaiian airlines and regional carrier JSX. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a persona ...
Free In-Flight Starlink Wi-Fi Coming to More Than 1,000 United Planes
CNET· 2024-09-14 01:25
United plans to boost its in-flight entertainment options with free satellite Wi-Fi service from SpaceX's Starlink. In an announcement, the airline said its fleet of mainline and regional aircraft, more than 1,000 planes, will receive the Wi-Fi service starting sometime next year after it begins testing in early 2025. The company said it will deliver comparable Wi-Fi to what customers get on the ground, even at 35,000 feet, to enable services including TV streaming, gaming and social media on seatback scree ...
United to offer free Wi-Fi on all flights thanks to Elon Musk's Starlink internet
New York Post· 2024-09-14 01:15
United Airlines struck a deal with Elon Musk's Starlink to provide efficient — and free — internet service aboard carrier's entire fleet, the company said Friday. The Chicago-based airline is banking on the speedy service to help it carve out an edge over rivals in the increasingly competitive industry. The internet service will be a free perk for passengers, piggybacking off airlines like Delta, which began offering free in-flight Wi-Fi in 2023 through a partnership with T-Mobile. 3 United Airlines said it ...
United Airlines will offer free internet on flights using service from Elon Musk's SpaceX
Techxplore· 2024-09-14 00:40
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Elon Musk talks to other spectators while watching play between Jannik Sinner, of Italy, and Taylor Fritz, of the United States, during the men's singles final of the U.S. Open tennis championships, Sunday, Sept. 8, 2024, in New York. Credit: AP Photo/Kirsty Wigglesworth United Airlines has struck a deal with Elon Musk's SpaceX t ...
United Airlines Bringing Free Starlink Wi-Fi To All Flights
Investopedia· 2024-09-14 00:35
Key Takeaways United Airlines signed a deal with Starlink, the satellite internet unit of Elon Musk's SpaceX, to bring free Wi-Fi to all flights. Testing will begin early next year, with the first passenger flights with free Starlink Wi-Fi expected later in 2025. United is the first major U.S. airline to offer Starlink, which will offer passengers "the same high-speed, low-latency internet service in the air that they enjoy on the ground," the carrier said. Rivals Delta and JetBlue also currently offer free ...
United Airlines to offer free Wi-Fi using SpaceX's Starlink
CNBC· 2024-09-13 20:03
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on August 24, 2024 in San Diego, California. United Airlines said Friday that it plans to offer inflight Wi-Fi from SpaceX's Starlink for free on its hundreds of jetliners, the biggest inflight internet deal yet for the SpaceX business. The team-up comes as airlines have been investing in faster inflight Wi-Fi. Delta Air Lines announced in early 2023 that onboard internet would be free for members of ...
United Airlines Holdings, Inc. (UAL) Morgan Stanley's 12th Annual Laguna Conference (Transcript)
Seeking Alpha· 2024-09-13 05:21
United Airlines Holdings, Inc. (NASDAQ:UAL) Morgan Stanley's 12th Annual Laguna Conference September 12, 2024 3:50 PM ET Company Participants Mike Leskinen - CFO Conference Call Participants Ravi Shanker - Morgan Stanley Great. Hopefully everybody had a great lunch. And for dessert, we have a threefer of continuous airlines content for you, starting with United Airlines. And happy to welcome back to Laguna, CFO, Mike Leskinen. Mike, thanks so much for being here. Mike Leskinen Ravi, thanks for having me. Qu ...