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United Continental Holdings, Inc (UAL)

  • Dec. 13, 2012, 6:58 PM
    Despite its misgivings, a spokesman for the Allied Pilots Association - which represents American Airlines pilots - says the union still supports the proposed merger between American (AAMRQ) and US Airways (LCC), following meetings the union held with AMR CEO Tom Horton today. LCC has been pushing for a merger between the two carriers all year, and with the support of all its unions, the two airlines combined would be on par with current leader United Continental (UAL) in scope.
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  • Dec. 13, 2012, 2:34 PM
    The IATA's forecast for 2012 airline industry profits lit a charge under stocks in the sector for the day, but the group also sees clear skies ahead in 2013. Fuel prices should fall lower and passenger demand will increase by 4.5%, according to IATA estimates. Things are even rosier for North American carriers, with profits expected to jump 42% Y/Y to $3.4B. In the big picture, the targeted capacity cuts at airlines may finally stay to pay dividends.
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  • Dec. 13, 2012, 9:51 AM
    Airline stocks trade higher after IATA raises its profit forecast for the sector. The trade group says it expects airlines to hit a profit level of $6.7B this year, up from a prior estimate of $4.1B. The lift is due to "improving efficiency and restructuring," says IATA director-general Tony Tyler.
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  • Dec. 5, 2012, 8:33 AM
    The headaches for Boeing (BA) over its 787 continue, with the FAA set to issue the first airworthiness directive for the Dreamliner since it entered service last year. The FAA will say that the jets need to be inspected after fuel leaks on two planes were traced to production mistakes. Meanwhile, a United Airlines (UAL) 787 has made an emergency landing in New Orleans following an undefined mechanical problem.
  • Dec. 4, 2012, 9:44 AM
    Airline stocks trade higher with oil prices easing off and more M&A talk swirling around following news from yesterday that Virgin Atlantic was up for sale. Another underlying factor to watch in the sector is if European or U.S. regulators relax on foreign ownership rules to put a charge into consolidation plans. Advancers: DAL +2.9%, LUV +1.5%, UAL +1.4%, LCC +1.3%.
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  • Nov. 27, 2012, 3:00 PM
    President Obama signs a bill to effectively shield U.S. airlines from European carbon emission fees. The development is a victory for carriers with the threat of having to pay a fee for flight times over U.S. soil on top of the time spent in EU airspace a part of the controversial emissions trading system.
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  • Nov. 22, 2012, 5:43 AM
    Federal Judge Alvin Hellerstein yesterday dismissed a lawsuit claiming that United Airlines (UAL) was responsible for the collapse of a third World Trade Center building in the September 11 attacks. The suit was brought by Larry Silverstein, the leaseholder of 7 World Trade Center, who said lapses in airport security at a checkpoint that United helped operate allowed the hijackers to crash an American Airlines jet into the complex.
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  • Nov. 16, 2012, 7:41 AM
    The nagging computer issues at United Air Lines (UAL) could cause the carrier more much than the fees for booking stranded customers on other flights. Analysts say an avoidance factor could already be in play with business travelers who are well-aware that United sees more computer failures than rivals.
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  • Nov. 15, 2012, 10:44 AM
    United Air Lines (UAL -1.6%) is hit with another major computer outage, marking its third significant loss of network functions since June. According to reports, UAL passengers at several major airports are currently stranded.
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  • Nov. 12, 2012, 8:54 AM
    U.S. airlines face the most serious shortage of pilots in over forty years, according to the WSJ. New federal mandates and a wave of pilots about to hit retirement age are setting up to create a "crisis" in the industry with no quick-fix solution in place, warns insiders. Look for regional carriers to feel the sharpest sting if the pilot shortage develops in short order.
  • Nov. 8, 2012, 2:28 PM
    Airline stocks rally as a number of oil analysts say they see further downward price action ahead with U.S. inventories and production high. The sector is also getting a little boost with New York-region airports recovering quickly from the latest winter storm. Advancers: JBLU +3.5%, DAL +2.6%, UAL +2.4%, LUV +1.9%.
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  • Nov. 8, 2012, 4:32 AM
    Superstorm Sandy hurt United Continental's (UAL) profit by $35M in October and revenue by $90M after the airline canceled 5,300 flights during the month. Traffic -3.3%, capacity -4.4%, combined load factor rose to 82.9% from 82%, and passenger revenue per available seat mile (PRASM) +0.5%-1.5%. (PR)
  • Nov. 7, 2012, 8:43 AM
    Boeing (BA -1.6%) may not be ready to start selling a new version of the 777 until the end of 2013, a year later than expected, Reuters reports. That would mean a launch year of 2021-2022 and could prompt customers such as United Airlines (UAL) to buy Airbus' latest A350 model, which is due to enter service in 2017. But with A350-1000 sales still fairly sedate, Boeing might be able to afford to stay its hand.
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  • Nov. 7, 2012, 8:08 AM
    Major airline are canceling flights in and out of the New York area ahead of a major winter storm bearing down on the region. Over a thousand flights scheduled for today and tomorrow have already been cancelled. The bigger issue: On the heels of Hurricane Sandy, a second storm will further disrupt the Q4 profitability of major carriers - although some industry loss estimates came in too high. Wolfe Trahan pegs the number at $190M with some sales made back up on rescheduled trips - instead of the +$500M loss projection getting bandied around last week.
  • Nov. 2, 2012, 8:38 AM
    Airlines continue to make progress in returning to a normal flying schedule as major airports in the New York region resume operations. While broad estimates on the cost of Hurricane Sandy on the industry range from $500M to over a billion dollars, the trick for traders will be to compute which carriers took the biggest hits from the ripple effect of cancellations that shook out beyond East Coast airports.
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  • Nov. 1, 2012, 9:32 AM
    Flight cancellations start to head back down after both domestic and international carriers saw an ugly week with major airports closed. The consensus opinion analysts seem to be forming is carriers will see Q4 numbers trimmed due to the storm, but any sustained impact on earnings won't be meaningful.
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Company Description
United Continental Holdings Inc transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations.
Sector: Services
Industry: Major Airlines
Country: United States