• Fri, Jul. 21, 4:16 AM
    • The ban on laptops in the cabins of planes flying from the Middle East to the U.S. is over, according to the U.S. Department of Homeland Security, as large airports in the region have taken steps to increase security.
    • Those measures include checking electronic devices to make sure they don't contain a bomb, and pulling more people out of airport lines for additional screening.
    • Related tickers: AAL, DAL, UAL
    Fri, Jul. 21, 4:16 AM | 5 Comments
  • Thu, Jul. 20, 2:05 PM
    • The IPO could slip until September or later thanks to an airfare war with United Airlines (NYSE:UAL), reports Bloomberg.
    • Frontier this week laid out plans to add 21 cities to its network and more than double total routes by the middle of next year, all while offering limited-time fares as low as $39.
    • "The old business model (of Frontier) has run out of growth opportunities in the middle of an IPO process,” said United President Scott Kirby on his company's earnings call. The plan, says Kirby, means Frontier is moving toward a network like United's - connecting flights through major airports - rather than the point-to-point service usually offered by low-cost carriers.
    • Kirby: "They’re now competing on our turf and trying to be a network carrier in Denver (Frontier's base) ... That is a battle I guarantee United will win.”
    Thu, Jul. 20, 2:05 PM | 15 Comments
  • Tue, Jul. 18, 4:36 PM
    • United Continental (NYSE:UAL) -3.1% AH despite beating Q2 earnings expectations, as it issues flat guidance for Q3 passenger revenue per available seat mile.
    • UAL says Q2 PRASM rose 2.1% and consolidated yield gained 2% Y/Y, but it sees Q3 PRASM in the range of -1% to +1%, as well as 12.5%-14.5% pre-tax margin and capacity +4% Y/Y.
    • For the 12 months ended June 30, UAL's pre-tax income totaled $3.8B and return on invested capital was 17%.
    • UAL also says it delivered the top airline operation among major competitors, including the best completion, on-time arrival and departure performance, during Q2.
    Tue, Jul. 18, 4:36 PM
  • Tue, Jul. 18, 4:16 PM
    • United Continental (NYSE:UAL): Q2 EPS of $2.75 beats by $0.12.
    • Revenue of $10B (+6.4% Y/Y) beats by $50M.
    • Shares +0.75%.
    • Press Release
    Tue, Jul. 18, 4:16 PM | 14 Comments
  • Mon, Jul. 17, 5:35 PM
    Mon, Jul. 17, 5:35 PM | 4 Comments
  • Wed, Jul. 12, 7:03 AM
    • United Continental (NYSE:UAL) reports revenue passenger miles increased 3.4% in June to 20.288B. Domestic RPMs +6.0%.
    • Capacity was up 5.0% to 23.644B available seat miles. Domestic ASMs +7.7%.
    • June load factor -140 bps to 85.7%. YTD load factor -10 bps to 81.7%.
    • United says all regions performed in-line with expectations except for the Pacific. The company expects Q2 unit revenue to be up 2.0% Y/Y to fall in the midpoint of its prior range for a 1% to 3% gain.
    • UAL +1.12% premarket to $77.78.
    Wed, Jul. 12, 7:03 AM | 1 Comment
  • Thu, Jul. 6, 4:53 AM
    • United Airlines (NYSE:UAL) is in hot water again over forcing a woman flying from Houston to Boston to hold her 2-year-old son on her lap after an employee gave the toddler's purchased seat to a standby passenger.
    • "What happened to my son was unsafe, uncomfortable and unfair," Shirley Yamauchi told KITV.
    • United issued an apology five days after the flight.
    Thu, Jul. 6, 4:53 AM | 33 Comments
  • Mon, Jul. 3, 3:17 AM
    • The engine of a United (NYSE:UAL) passenger jet caught fire moments after the aircraft landed at Denver International Airport on Sunday, but all 63 people aboard exited the plane safely.
    • The twin-engine Bombardier CRJ700 (OTCQX:BDRAF, OTCQX:BDRBF) made a normal landing at 2:20 p.m. local time before emergency crews quickly reacted to extinguish the fire.
    • The cause is still under investigation.
    Mon, Jul. 3, 3:17 AM | 15 Comments
  • Thu, Jun. 29, 12:40 PM
    • United Continental (UAL -1.5%) announces a new tiered approach to its frequent flier plan.
    • The new Everyday Awards program will replace Standard Awards for all tickets booked on or after November 1.
    • Similar to the programs of other airlines, United will vary pricing and award levels by flight.
    • United MileagePlus program updates
    Thu, Jun. 29, 12:40 PM | 9 Comments
  • Thu, Jun. 29, 3:51 AM
    • The Department of Homeland Security has decided not to expand an in-cabin "laptop ban" on planes flying to the U.S., but will instead demand tighter security measures.
    • If any airline doesn't meet the new requirements, DHS said it could ban its flights.
    • The new procedures were announced before President Trump's modified travel ban goes into effect tonight.
    • Related tickers: DAL, UAL, AAL
    Thu, Jun. 29, 3:51 AM | 5 Comments
  • Thu, Jun. 22, 2:29 PM
    • American Airlines (AAL +1%) CEO Doug Parker says he is “not happy” about the prospect of a potential investment from Qatar Airways and finds the approach "puzzling and strange."
    • AAL says it had not sought the investment and the move would not affect its management or strategic direction; AAL also says it would not stop pursuing its subsidy claim against Qatar Airways and other Persian Gulf carriers.
    • Qatar Airways submitted a filing saying it intends to buy at least $808M worth of AAL stock, or ~16.7M shares at yesterday’s closing price, on the open market, building a 4.75% stake en route to an eventual acquisition of as much as a 10% stake after approval from AAL’s board and U.S. regulators.
    • Airline stocks trade mixed, as an early notion that other Gulf carriers could be looking for similar U.S. plays fails to stick: LUV +0.6%, DAL +0.3%, UAL -0.4%.
    Thu, Jun. 22, 2:29 PM | 21 Comments
  • Tue, Jun. 20, 2:37 PM
    • A day after Boeing's (BA -0.2%) launch of the 737 MAX 10 at the Paris Air Show, United Airlines (UAL -1.4%) orders 100 of the newest and longest 737 jets and says it will convert 100 previously ordered planes to the new model.
    • UAL says the MAX 10 has "the best economics of the family," in a boost for a plane Boeing designed to plug a gap in its range at the top end of the market for single-aisle jets after runaway sales of Airbus' (OTCPK:EADSF, OTCPK:EADSY) A321neo.
    • The moves give the new plane a crucial initial boost and makes UAL the biggest buyer of the model.
    • Meanwhile, potential customer Delta Air Lines (DAL -1.5%) chooses to double down with Airbus, boosting an order for the A321 by 10 planes.
    Tue, Jun. 20, 2:37 PM | 34 Comments
  • Tue, Jun. 20, 9:44 AM
    • Atlantic Equities starts off coverage on the U.S. airline sector.
    • Delta Air Lines (DAL) and United Continental (UAL +0.4%) are at the top of the firm's list due to their profit potential. Both airline stocks are initiated with an Overweight rating.
    • Southwest Airlines (LUV +0.2%), seen as a bit too pricey compared to Delta and United, is rated at Neutral by Atlantic.
    • Coverage on American Airlines Group (AAL -0.7%) begins at Underweight due to the extra risk inherent at the company in comparison to peers.
    • Source: Bloomberg
    Tue, Jun. 20, 9:44 AM | 16 Comments
  • Thu, Jun. 15, 5:15 AM
    • United Continental (NYSE:UAL) CEO Oscar Munoz will deliver remarks at 11 a.m. ET at the Wings Club monthly luncheon in New York.
    • On watch: Munoz has had to grapple with the fallout from several major public relations disasters in recent months, including the forceful removal of a paying customer from one of United's flights, which prompted an industry-wide conversation on customer service and passenger rights.
    Thu, Jun. 15, 5:15 AM | 4 Comments
  • Tue, Jun. 13, 2:08 PM
    • Shares of Hawaiian Holdings (NASDAQ:HA) are down 4.33% after United Continental (UAL -0.8%) says it will add some Hawaiian Island flights from the U.S.
    • The company says 11 routes connecting the continental U.S. and Hawaii will additional new flights.
    Tue, Jun. 13, 2:08 PM
  • Thu, Jun. 8, 4:15 AM
    • The U.S. government is considering banning laptops from the cabins of inbound flights from 71 airports overseas, a dramatic increase from the 10 airports where the security protocol currently applies.
    • The ban is necessary because of "a very, very real threat - a very sophisticated threat," DHS Secretary John Kelly told a House Homeland Security Committee hearing.
    • Related tickers: DAL, UAL, AAL
    Thu, Jun. 8, 4:15 AM | 7 Comments