About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and onl ...

This airline giant can fly even higher. Shares of United Airlines (UAL 0.17%) surged to their highest level since early 2020 following the company's latest quarterly update in mid-October. The global carrier beat its own bottom-line expectations, with management citing strong demand during a "prosperous" summer flying season. Shareholders have a lot to be cheering about, with the stock up 110% over the past year. On the other hand, investors sitting at the gate may be wondering if it's too late to board thi ...

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The DRL U.S. Air Force Miami Invitational slated for February 1, 2025 at loanDepot Park; Tickets on sale on Tuesday, October 22nd at 8 AM ET NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- The Drone Racing League® (DRL), the world's premier professional drone racing property, is soaring to new heights with an expanded partnership with the United States Air Force, its longest standing partner. Today, the two announced they are joining forces again to engineer the ultimate high-tech event, the DRL U.S. Air Force ...

Last Tuesday, on Oct. 15, United Airlines (UAL) reported strong third-quarter 2024 results, driven by upbeat air travel demand and low fuel prices. This Chicago-based company announced a $1.5 billion share buyback plan, highlighting its pro-shareholder approach. This was the first buyback program announced by UAL since suspending share repurchases during the Covid-19 pandemic. The earnings outlook issued by the company for the December quarter also looks promising.UAL shares have gained more than 15% since ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our inhouse developed data analytics platform. United Airlines (NASDAQ: UAL ) posted its third quarter earnings on the 16 th of October and investors seem to have liked the results, sending the stock to a new 52-week high. In fact, at the current prices, United Airlines stock is closing in Dhie ...

A Boeing 787-8 Dreamliner from United Airlines lands at Barcelona airport in Barcelona, Spain, on ... [+] October 15, 2024. (Photo by Joan Valls/Urbanandsport /NurPhoto via Getty Images) — (Photo by Urbanandsport/NurPhoto via Getty Images)NurPhoto via Getty ImagesUnited Airlines stock (NASDAQ: UAL) recently reported its Q3 results, with revenues aligning and earnings exceeding our estimates. The company reported revenue of $14.8 billion and adjusted earnings of $3.33 per share, compared to our estimates of ...

The market was piling into the company, even though it just reported a notable slide in profitability. Times are frothy for the travel industry these days, so it wasn't exactly surprising to hear good news coming from top American carrier United Airlines (UAL 1.83%) several days ago. On the back of a strong quarterly earnings report and a subsequent clutch of analyst price target raises, the company's shares experienced quite a lift. According to data compiled by S&P Global Market Intelligence, they were up ...

United Airlines UAL reported better-than-expected third-quarter financial results and announced a $1.5 billion buyback program, after the closing bell on Tuesday. United Airlines reported third-quarter revenue of $14.843 billion, beating the consensus estimate of $14.783 billion, according to Benzinga Pro. The airline company reported adjusted earnings of $3.33 per share, beating analyst estimates of $3.13 per share. "As predicted, unproductive capacity left the market in mid-August, and we saw a clear infl ...

Key Takeaways United Airlines shares could remain in focus on Thursday after soaring to their highest level in more than four years today following the full-service carrier topping quarterly estimates. The stock has trended higher since breaking out from a 21-month trading range last month and with the shares on track to record their highest weekly volume since mid-July, indicating strong buying conviction. Investors should monitor key resistance levels on United's chart around $79 and $94, while also watch ...