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The FAA cleared United Airlines after a major review into a slew of incidents, including a plane losing a tire as it took off
Business Insider· 2024-10-03 10:59
The FAA found no "significant safety issues" after a six-month safety review into United Airlines. The review followed several safety incidents like a tire falling off a `Boeing 777 during takeoff. It had resulted in United delaying the opening of new routes. Insider Today NSIDER TODAY 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 to ...
Here's Why United Airlines Stock Soared Nearly 30% in September
The Motley Fool· 2024-10-02 22:36
The airline industry assuaged investor fears in the fall. Shares in United Airlines (UAL -0.69%) soared by 29.6% in September, according to data provided by S&P Global Market Intelligence. The startling rise is mainly due to a relief rally after a heavy sell-off in the stock from the spring and through the summer. What the market was worried about The airline industry is known as highly cyclical, and for good reason. The traditional cycle works like this: Airlines like United Airlines see passenger numbers ...
Here's Why United Airlines (UAL) Fell More Than Broader Market
ZACKS· 2024-10-01 23:21
In the latest market close, United Airlines (UAL) reached $56.13, with a -1.63% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.93%. Meanwhile, the Dow experienced a drop of 0.41%, and the technology-dominated Nasdaq saw a decrease of 1.53%. Coming into today, shares of the airline had gained 29.56% in the past month. In that same time, the Transportation sector gained 1.75%, while the S&P 500 gained 2.17%. The investment community will be closely mon ...
Here's Why Investors Should Retain United Airlines Stock Now
ZACKS· 2024-09-30 14:21
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 14:11
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 11:19
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 09:50
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· 2024-09-13 17:25
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· 2024-09-13 17:15
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· 2024-09-13 16:40
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 ...