Seeking Alpha

United Continental Holdings, Inc (UAL)

  • Sep. 16, 2014, 3:48 AM
    • United Continental (NYSE:UAL) says it will pay eligible flight attendants up to $100,000 to leave the company through a voluntary buyout.
    • The deal aims to end furloughs at the over-staffed airline, and will recall all 1,450 flight attendants on leave so they may request the severance payment or return to work.
    • Problems of over-staffing at the airline increased after United retired some of its planes, leaving the company 2,000-plus flight attendants above capacity.
    | Comment!
  • Sep. 5, 2014, 5:21 PM
    • Alaska Air (NYSE:ALK) fell 1% today after Raymond James downgraded shares to Market Perform from Outperform, citing risk to 2015 earnings estimates from intensifying competitive capacity pressure.
    • While Q1 2015 schedules are still preliminary, the firm predicts competitive seat capacity growth accelerating to 12% Y/Y from the already elevated ~6% Y/Y level over the previous six quarters.
    • Meanwhile, rival Delta (NYSE:DAL) has shed more than 4% since it said Wednesday that revenues would be lower than it anticipated; Wolfe Research notes that DAL's PRASM is still growing faster than its CASM, which means margins are expanding, but the rate of margin change is likely to be slower than United Continental (NYSE:UAL) and American (NASDAQ:AAL) due to DAL's capacity choices.
    | Comment!
  • Sep. 3, 2014, 5:43 AM
    • After receiving antitrust approval in Japan, Lufthansa Cargo and All Nippon Airways are forming a freight services joint venture between Europe and Japan to reduce the costs of a stuttering cargo market.
    • Lufthansa Cargo, the freight arm of Lufthansa (OTCQX:DLAKY), said earlier in the year that intends to launch its first partnership deal in 2014, with a second to follow in 2015.
    • In July, Lufthansa entered talks with United Continental's (NYSE:UAL) cargo operations. The two airlines already collaborate on passenger routes.
    | Comment!
  • Aug. 18, 2014, 10:16 AM
    • Airline stocks start the week with an upward swing after crude-oil futures drop. Several analysts are out with a forecast for the lower oil prices sustaining for the short-term.
    • Advancers: Delta Air Lines (NYSE:DAL) +2.6%, American Airlines Group (NASDAQ:AAL) +3.3%, United Continental (NYSE:UAL) +3.5%, Southwest Airlines (NYSE:LUV) +2.3%, JetBlue (NASDAQ:JBLU) +2.0%.
  • Aug. 12, 2014, 2:31 PM
    • Southwest Airlines (LUV -0.1%) has delivered strong growth rates this year with an increase in capacity and average trip length, although not all investors may be pleased, notes Morgan Stanley.
    • In an interesting breakdown, the investment firm tabulates that the top 5 Southwest Airlines shareholders also hold a cumulative position of $14.4B in American Airlines (AAL -1.4%), Delta Air Lines (DAL -0.8%), and United Continental (UAL -1%) - airliners which might not benefit from Southwest's willingness to brush aside a tight capacity stance.
    • Those shareholders might end up better off if Southwest stuck to GDP-linked capacity growth rates, reasons UBS.
  • Aug. 6, 2014, 7:55 AM
  • Jul. 24, 2014, 9:56 AM
    • Q2 net income, ex-special items of $919M up 51% Y/Y.
    • Passenger revenue per available seat mile up 3.7% from a year ago.
    • Consolidated unit costs slipped 0.2% on capacity reduction of 0.1%.
    • $1.5B in operating cash flow generated in Q2.
    • The board authorizes a $1B share repurchase program, good for nearly 22M shares (at last night's closing price), or more than 5.5% of the float.
    • UAL +5.6%
  • Jul. 24, 2014, 9:18 AM
  • Jul. 24, 2014, 7:35 AM
    • United Continental (NYSE:UAL): Q2 EPS of $2.34 beats by $0.16.
    • Revenue of $10.3B (+3.0% Y/Y) in-line.
    • Press Release
    | Comment!
  • Jul. 22, 2014, 5:30 PM
    • Delta Air Lines (NYSE:DAL), American Airlines (NASDAQ:AAL) and United Airlines (NYSE:UAL) halted flights to Israel for at least 24 hours under orders from the FAA after a rocket fell about a mile from Ben-Gurion Airport outside Tel Aviv.
    • The U.S. moves were swiftly followed by flight stoppages from most European carriers, including Lufthansa (OTCPK:DLAKF) and Air France (OTC:AFRAF).
    • Airlines' safety concerns are heightened after last week's downing of the Malaysian Air passenger jet over Ukraine.
    • Shares of DAL (+1.4%) and UAL (+2.3%) nevertheless ended with solid gains, and AAL finished with a small loss (-0.2%), as the feeling - for now - is that any revenue losses from canceled flights will be easy to make up.
    | Comment!
  • Jul. 18, 2014, 9:35 AM
    • Airline stocks start off the day with a minor bounce as the developments in Ukraine point to yesterday's Malaysian Air crash being tied to a deliberate action.
    • Sector analysts think yesterday's sell-off was a bit overblown.
    • Early gainers: Delta Air Lines (NYSE:DAL) +1.8%, United Continental (NYSE:UAL) +1.7%, JetBlue (NASDAQ:JBLU) +1.5%, American Airlines Group (NASDAQ:AAL) +2.1%.
    | 1 Comment
  • Jul. 17, 2014, 3:33 PM
    • Airline stocks have fallen off more than broad market averages following the crash of a Malaysian Airlines flight in the eastern edge of Ukraine.
    • Several global carriers have halted flights over Ukraine.
    • Decliners: Delta Air Lines (NYSE:DAL-3.4%, United Continetnal (NYSE:UAL-3.9%, China Eastern Air (NYSE:CEA-2.2%, American Airlines (NASDAQ:AAL-3.3%, Malaysian Airlines (OTCPK:MLYAF-5.5%.
  • Jul. 15, 2014, 8:27 AM
    • United Continental (NYSE:UAL) could be a target for activist investors, according to Stifel Nicolaus' Joseph DeNardi and Sawyer McKelvey.
    • The analysts think a more aggressive strategy to restructure United's hubs is needed.
  • Jul. 10, 2014, 12:47 PM
    | Comment!
  • Jul. 9, 2014, 5:34 PM
    | 1 Comment
  • Jul. 9, 2014, 4:45 PM
    • Revenue passenger miles were flat Y/Y, while available seat miles increased 0.8%. The airline's consolidated load factor fell 0.6 points to 87.1%.
    • The performance looks to lag industry averages for June, but is ahead of UAL's previous expectation, and shares are up 6.1% in after-hours trade.
    • Press release
Visit Seeking Alpha's
UAL vs. ETF Alternatives
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