United Continental Holdings, Inc (UAL) - NYSE
  • Dec. 10, 2015, 8:09 AM
    | Dec. 10, 2015, 8:09 AM | 22 Comments
  • Dec. 9, 2015, 7:02 AM
    • United Airlines (NYSE:UAL) reports revenue passenger miles rose 4.2% to 15.923B in November. Latin RPM were up 10.6% during the month.
    • Total capacity increased 1.9% to 19.496B available seat miles. ASMs fell for Atlantic and Pacific routes.
    • Passenger count +6.7% to 11.327M.
    • November load factor +180 bps to 81.7%.
    • YTD load factor -10 bps to 83.5%.
    | Dec. 9, 2015, 7:02 AM
  • Dec. 8, 2015, 6:01 PM
    • United Airlines' (NYSE:UAL) revenue passenger miles (RPMs) rose 4.2% Y/Y in November to 15.9B. Available seat miles (ASMs) rose 1.9% to 19.5B. RPM and ASM growth was respectively 3.6% and 1.4% in October.
    • Load factor rose to 81.7% from 79.9% a year ago, and onboard passengers 6.7% to 11.3M. Domestic RPMs +8.8% to 7.38M; international RPMs +1.6% to 6.5M. Domestic ASMs +4.7% to 8.6M; international ASMs +1.1% to 8.4M.
    | Dec. 8, 2015, 6:01 PM | 3 Comments
  • Dec. 4, 2015, 3:58 PM
    | Dec. 4, 2015, 3:58 PM | 7 Comments
  • Dec. 2, 2015, 12:17 PM
    • Transportation stocks are lower on the day on some broad macroeconomic concerns. Some BAML downgrades in the sector are also weighing on sentiment.
    • Trading is notably weak in CXS Corp (CSX -2.3%), American Railcar Industries (ARII -2.6%), Kansas City Southern (KSU -1.9%), YRC Worldwide (YRCW -5.7%), Heartland Express (HTLD -3.7%), Swift Transportation (SWFT -3%), FedEx (FDX -0.9%), UPS (UPS -0.5%), Air Transport Services (ATSG -1.7%), and Matson (MATX -2.5%).
    • A notable exception to the sector slide is airline stocks which are showing strength after Delta Air Lines (DAL +2.7%) reported some eye-opening capacity constraint. The major carrier increased passenger revenue per available seat mile sand load factor during November. A 3% decline in crude oil prices is also factoring in to the rally in airline stocks.
    • United Continental (UAL +3.2%), Hawaiian Holdings (HA +2.9%), Southwest Airlines (LUV +2.3%), and Republic Airways Holdings (RJET +4.4%) are all solidly higher.
    • The Dow Jones Transportation Average is down 0.8% off the conflicting forces of gravity.
    • Related ETFs: IYT, XTN, JETS.
    | Dec. 2, 2015, 12:17 PM | 5 Comments
  • Nov. 25, 2015, 1:57 PM
    • United Continental (UAL -1.1%) will offer pilots a pay rate increase of 13% in 2016 under the terms of a new contract offer, sources tell Bloomberg.
    • Pilots would earn pay raises of 2% and 3% in the following two years.
    • The company is negotiating with the pilots union well in front of the expiration of the current contract in the early part of 2017.
    | Nov. 25, 2015, 1:57 PM | 13 Comments
  • Nov. 24, 2015, 1:49 PM
    • A global travel warning issued by the U.S. Department is impacting several sectors. Hotel stocks are notably weaker, while amusement park stocks are also trailing broad market averages. Airlines are feeling a double whammy from travel demand concerns and a 3% rise in crude oil futures.
    • In some cases the sell-off appears to be an overreaction with little evidence in that travel habits will change dramatically, according to some analysts.
    • Decliners include Hyatt Hotels (H -1.5%), Hilton Worldwide (HLT -1.1%), Marriott International (MAR -1.8%), JetBlue (JBLU -1.7%), Delta Air Lines (DAL -3.3%), American Airlines Group (AAL -2.4%), United Continental (UAL -3.2%), Allegiant Travel (ALGT -5.3%), Spirit Airlines (SAVE -4.1%), Southwest Airlines (LUV -2.7%), Six Flags (SIX -1.0%), Cedar Fair (FUN -1.0%), Disney (DIS -0.9%), and Sabre (SABR -3.9%), Virgin Amerinca (VA -2.5%), Alaska Air Group (ALK -1.5%).
    • Previously: PCLN, EXPE, TRIP sell off after State Department issues travel warning (Nov. 24)
    | Nov. 24, 2015, 1:49 PM | 16 Comments
  • Nov. 24, 2015, 2:39 AM
    | Nov. 24, 2015, 2:39 AM | 11 Comments
  • Nov. 20, 2015, 7:05 PM
    • United Airlines (NYSE:UAL) says it's come to agreement in principle with the Air Line Pilots Association on a contract extension for more than 12,000 pilots.
    • That's coming more than a year ahead of the current pact's amendable date. The deal will need to go through the usual ratification process.
    • The airline has said that it would open contract negotiations early for a number of its unionized employees, including ramp service and passenger service agents, storekeepers, load planners, maintenance and fleet technical instructors "and other groups represented by the International Association of Machinists and Aerospace Workers."
    • Negotiations are further along with flight attendants (under mediation) and Teamsters (deal ready for ratification).
    | Nov. 20, 2015, 7:05 PM | 4 Comments
  • Nov. 17, 2015, 9:06 AM
    • Airline fares increased 1.5% M/M in October to break a streak of monthly declines, according to the Bureau of Labor Statistics.
    • The average fare was still 5.2% lower than the level from a year ago on an unadjusted basis.
    • The slight increase in fares is a positive development for the sector after Q3 earnings were pinched on highly competitive pricing in key markets.
    • Related stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA, SKYW.
    • Related ETF: JETS.
    • BLS CPI data
    | Nov. 17, 2015, 9:06 AM | 6 Comments
  • Nov. 16, 2015, 7:24 AM
    | Nov. 16, 2015, 7:24 AM
  • Nov. 11, 2015, 11:50 AM
    • The DOJ sued to block United Continental (UAL) from gaining 24 landings slots at Newark International Airport from Delta Air Lines .
    • The government alleged the extra slots would create an anticompetitive situation at Newark.
    | Nov. 11, 2015, 11:50 AM | 1 Comment
  • Nov. 5, 2015, 5:40 PM
    • United Continental (NYSE:UAL) President and CEO Oscar Munoz, out on medical leave since an Oct. 15 heart attack, says he plans to return to work sometime during Q1 2016.
    • Munoz's comeback would cap a tumultuous period started by the surprise ouster of CEO Jeff Smisek in September and the hiring of UAL director Munoz away from CSX Corp.
    • UAL general counsel Brett Hart has led the company in Munoz's absence.
    | Nov. 5, 2015, 5:40 PM | 4 Comments
  • Nov. 5, 2015, 2:35 PM
    | Nov. 5, 2015, 2:35 PM | 5 Comments
  • Oct. 30, 2015, 7:03 PM
    • United Continental (NYSE:UAL) says it's going to halt airport job outsourcing until at least the end of 2016, in a response to employee concerns about job security.
    • Over the past few years, the airline has outsourced jobs at 39 U.S. airports, eliminating 2,300 jobs. Another 16 airports were targeted for cuts but are safe for now, the company says.
    • United senior VP Jon Roitman has promised employees that no additional front-line positions will be outsourced until the International Association of Machinists contracts open for renewal at the end of next year.
    • The Machinists represent check-in, baggage handling and customer service workers at United.
    | Oct. 30, 2015, 7:03 PM | 6 Comments
  • Oct. 23, 2015, 3:29 PM
    • United Airlines (UAL +5.7%) says it reached a tentative deal with its mechanics union on a first joint labor contract since the combination of United and Continental Airlines, a step toward improving UAL's rocky labor relations.
    • The deal with the Teamsters would boost top pay immediately by 25% to an industry-leading $46.15/hour and result in 33% higher pay by the end of the six-year contract, says UAL's VP of maintenance operations.
    • The agreement, which still must be approved by the ~8,600 mechanics, comes after more than three years of negotiations; while mechanics from the two subsidiaries have long been able to work interchangeably on aircraft in the combined fleet, they did not have a single contract even though both branches are represented by the Teamsters union.
    | Oct. 23, 2015, 3:29 PM | 6 Comments
Company Description
United Continental Holdings, Inc. is a holding company and its principal, wholly-owned subsidiaries are United Airlines, Inc. It transport people and cargo through their mainline operations. The company offers satellite based Wi-Fi, including on long-haul overseas routes. United Continental... More
Sector: Services
Industry: Major Airlines
Country: United States