- United Airlines (UAL +8.9%) is the latest airline to set a better-than-expected forecast for the current quarter.
- United says it has seen improvement in customer demand for travel and new bookings compared to previous estimations in recent weeks.
- In what could be a huge development for the airline sector, United now expects core cash flow for the month of March to be positive if the current trajectory of bookings improvement is sustained.
- SEC Form 8-K
- Sector watch: American Airlines Group (AAL +8.5%), JetBlue (JBLU +4.4%), Hawaiian Holdings (HA +5.0%), Allegiant Travel (ALGT +3.3%), Alaska Air Group (ALK +3.5%), Mesa Air (MESA +2.9%) and Delta Air Lines (DAL +4.4%).
- See details on Southwest's and JetBlue's improved forecast.