United to restart service to Tel Aviv, Israel
Rhea-AI Summary
United Airlines (UAL) has announced plans to resume flights between New York/Newark and Tel Aviv, Israel, starting March 15, 2024. The airline will initially operate one daily flight, with a second daily service beginning March 29. The routes will be serviced by Boeing 787-10 aircraft.
This development makes United the first U.S. airline to restart service to Tel Aviv this year. The decision follows a comprehensive operational assessment and collaboration with flight attendant and pilot unions. United maintains connections to Tel Aviv through partnership with Lufthansa Group airlines and will consider restoring additional flights based on market demand.
Positive
- First U.S. airline to resume Tel Aviv service in 2024
- Expanding route capacity with two daily flights
- Strategic partnership with Lufthansa Group maintaining market presence
Negative
- service restoration compared to pre-disruption levels
- Potential operational risks in a volatile region
News Market Reaction
On the day this news was published, UAL gained 3.66%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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SOURCE United Airlines
