United Airlines Holdings Inc Stock Price, News & Analysis

Archer Aviation and United Airlines have announced the launch of their first eVTOL route connecting Newark Liberty International Airport (EWR) to Downtown Manhattan Heliport. This innovative route aims to provide passengers with a safe, quick, and cost-effective travel option, taking less than 10 minutes via Archer's all-electric Midnight aircraft. Set for implementation within the New York Metropolitan Area, this service marks a significant step in Archer's plan to build a national Urban Air Mobility network, with initial routes expected to commence by 2025.

United Airlines has announced the return of kids' meals onboard its flights just in time for the holiday season. Starting in 2023, children can enjoy special breakfast and lunch/dinner options, including chicken tenders and French toast, available for pre-order in eligible cabins. Parents can request these meals when booking tickets or via the United mobile app. This initiative aims to enhance the travel experience for families, particularly during busy holidays. Meals will be available on flights longer than 2,000 miles where complimentary meals are served.

United Airlines has launched a new concept called United Club Fly at Denver International Airport, aimed at busy travelers seeking convenient snack and beverage options before their flights. This first-of-its-kind club facilitates to-go orders for more than 54% of airport lounge visitors. The club, located in the new Concourse B-East, features non-alcoholic drinks, premium snacks, and a coffee bar. This initiative highlights United's commitment to enhancing traveler experiences across its network and the growing demand for quick, upscale service.

United Airlines has launched the Calibrate apprenticeship program aimed at training over 1,000 Aircraft Maintenance Technicians by 2026. The inaugural class begins next week in Houston, with at least half of participants being women or people of color. This 36-month 'earn and learn' program offers participants paid training while saving up to $50,000 in tuition costs. United aims to diversify its workforce and expedite pathways to skilled jobs. The program reflects United's commitment to expanding its technician pool and supporting its 'United Next' plan, which includes hiring over 50,000 employees by 2026.

United Airlines has partnered with Jaguar North America to launch the first all-electric gate-to-gate airport transfer service in the U.S., starting at Chicago O'Hare International Airport. Select MileagePlus Premier members will enjoy complimentary rides in the Jaguar I-PACE HSE between connecting flights. By year-end, this service will expand to several United hubs, with an estimated 60 trips daily, transferring over 1,000 customers. The initiative aims to enhance customer experience while promoting sustainability within the airline industry.

United Airlines (UAL) reported solid third quarter 2022 earnings, with net income of $942 million, marking a 13.2% increase in total operating revenue compared to Q3 2019. The airline's TRASM improved by 25.5%, while CASM-ex1 was 1.5 points better than forecasted. United expects Q4 adjusted operating margin to exceed 2019 levels for the first time, driven by ongoing COVID recovery trends. The airline also achieved its best operational performance in Q3 history, with a significant reduction in controllable cancellations.

United Airlines has announced its 2023 summer schedule, enhancing its transatlantic leadership with new services to Malaga (Spain), Stockholm (Sweden), and Dubai (UAE). United will operate flights to 37 cities across Europe, Africa, India, and the Middle East, more than any other U.S. carrier. Demand for European travel has surged by 20% compared to 2019, prompting this expansion. New flights include direct routes from New York/Newark to Malaga and Dubai, effective March 25 and May 31, respectively.

United Airlines will host a conference call to discuss its third-quarter 2022 financial results on October 19 at 9:30 a.m. CT. The company plans to release its financial results and outlook after market close on October 18. Investors can access a live webcast of the call at ir.united.com. United operates a comprehensive global route network, with a mission to connect people and unite the world.

United Airlines has appointed Jonathan Ireland as the new senior vice president of finance. He will oversee the airline's $40 billion operating cost structure and $5 billion capital budget, manage business planning, and lead financial goal setting. Ireland, who previously served as vice president of financial planning and analysis, will also head the procurement function. His experience includes navigating financial challenges and supporting the United Next growth plan. He holds a bachelor's degree from Augustana College and an MBA from the University of Notre Dame.