$UAL (United Continental Holdings, Inc.)

$UAL {{ '2016-04-20T22:10:31+0000' | timeago}} • Announcement

$UAL said it has signed a multi- year agreement to strengthen partnership and established a joint strategic initiative with Air China. During the quarter, the company also entered into a joint venture revenue-sharing agreement with Air New Zealand.

$UAL {{ '2017-07-20T15:22:46+0000' | timeago}} • Announcement

Terri Fariello has been named $UAL's SVP, Government Affairs. Based in Washington, D.C., she will lead the company's federal, state and local government engagement. Fariello comes from $XOM, where she served as VP of its Washington, DC office.

$UAL {{ '2017-07-19T22:46:15+0000' | timeago}} • Webcast

$UAL reported that it is progressing on the Latin American partnerships. Earlier in Jan., United said that it was working with Avianca Holdings and Avianca Brasil to enhance and deepen commercial and strategic ties, without mentioning terms. $UAL added that it hopes to announce something in this regard in the near future.

$UAL {{ '2017-07-19T22:11:44+0000' | timeago}} • Webcast

For 2017, $UAL lifted its CapEx guidance to $4.6-4.8Bil, up $400MM at the midpoint than the prior guidance. This increase was due to higher non-aircraft CapEx, more free delivery deposits and used aircraft transaction. Also, $UAL plans to invest $200-300MM more than forecasted earlier this year in IT, ground service equipment and facilities.

$UAL {{ '2017-07-19T16:28:21+0000' | timeago}} • Infographic

$UAL United Continental Holdings Earnings AlphaGraphics: Q2 2017 highlights

$UAL {{ '2017-07-18T22:04:43+0000' | timeago}} • Announcement

$UAL, which was in news for dragging down a passenger from a packed flight in April, implemented the majority of ten changes announced at the end of April. The airlines reduced the amount of overbooking, and it saw a 79% decrease in involuntary denied boardings in May YoY and an 88% decrease in June YoY.

$UAL {{ '2017-07-18T21:54:33+0000' | timeago}} • Announcement

For 3Q17, $UAL expects its consolidated passenger revenue per available seat mile (PRASM) to be between 12.51 and 12.77 cents, representing down 1% to up 1%. Cargo and other revenue is estimated to be $1.295-1.395Bil. Third quarter capacity is set to be around 4% in 3Q17. The capacity is targeted between 2.5% and 3.5% for FY17.

$UAL {{ '2017-07-18T21:44:47+0000' | timeago}} • Announcement

$UAL, which competes with its rivals $DAL and $AAL, reported a higher profit in 2Q17. Net income flew high at $818MM, a spike of 39% and diluted EPS surged 49.4% to $2.66. Revenue climbed 6.4% to $10Bil and non-GAAP EPS increased 5.4% to $2.75. Consolidated passenger revenue per available seat mile (PRASM) was up 2.1% in the recently ended quarter.

$UAL {{ '2017-07-11T20:53:57+0000' | timeago}} • Announcement

$UAL registered a 3.4% annual growth in traffic in June 2017, with domestic and international traffic rising 6% and 0.2% respectively. Total capacity grew 5% YoY in June, while load factor declined 1.4 points. United Airlines now expects passenger unit revenue to rise about 2% in 2Q17, which is the mid-point of the original guidance range of 1-3%.

$UAL {{ '2017-06-27T13:53:15+0000' | timeago}} • Announcement

Beginning this fall, $UAL said it will take new steps to elevate the customer experience at Houston George Bush Intercontinental Airport. The move, which will take effect Oct. 29, will also enable the airline to better utilize about 90 gates from which it operates at airport.

$BA {{ '2017-06-20T13:00:50+0000' | timeago}} • Announcement

$BA and $UAL announced an agreement at the 2017 Paris Air Show to convert 100 of its current 737 MAX orders into 737 MAX 10s, becoming the largest single 737 MAX 10 customer in the world. $UAL also announced an order for four additional 777-300ER aircraft. $UAL expects to begin taking delivery of the 737 MAX 10 in late 2020.

$UAL {{ '2017-06-15T20:48:07+0000' | timeago}} • Announcement

$UAL announced expanded roles for three members of the executive leadership team. Brett Hart will assume the newly created position of EVP, Chief Administrative Officer and General Counsel. Linda Jojo has been named EVP, Technology and Chief Digital Officer. Andrew Nocella has been named EVP and Chief Commercial Officer.

$UAL {{ '2017-06-07T14:20:45+0000' | timeago}} • Announcement

$UAL reported a 2.6% annual growth in consolidated traffic in May, with domestic and international traffic rising 4.4% and 0.2% respectively. Capacity rose 3.7%, while load factor declined by 0.9 points. The airline witnessed a 79% drop in its Involuntary Denied Boardings. $UAL continues to expect its 2Q17 passenger unit revenue to rise 1-3% YoY.

$UAL {{ '2017-06-01T14:21:08+0000' | timeago}} • Announcement

$UAL said it will introduce daily nonstop flights between its Los Angeles International Airport (LAX) hub and Singapore's Changi Airport (SIN), effective Oct. 27, 2017 (westbound). $UAL's existing service between San Francisco International Airport (SFO) and SIN started one year ago, June 1, 2016.

$UAL {{ '2017-05-09T12:33:27+0000' | timeago}} • Announcement

$UAL reported April 2017 operational results. Consolidated traffic (revenue passenger miles) increased 7.4% and consolidated capacity (available seat miles) increased 4% versus April 2016. Consolidated load factor grew 2.6 points compared to April 2016. For 2Q17, the company expects consolidated passenger unit revenue to be up 1-3% versus 2Q16.

$UAL {{ '2017-04-21T14:39:05+0000' | timeago}} • Infographic

$UAL United Continental Holdings Earnings AlphaGraphics: Q1 2017 highlights

$UAL {{ '2017-04-18T16:11:53+0000' | timeago}} • Webcast

$UAL said that the passenger removal incident was a system failure across various areas and there was never a consideration for termination of any employee related to this issue. The company added that it is too early to see any measurable impact on bookings in the wake of this incident and that it is working to resolve the matter.

$UAL {{ '2017-04-18T15:49:36+0000' | timeago}} • Webcast

$UAL stated that it has the option of increasing utilization in 2H17 but the utilization is lower because the demand is lower. The company added that while it is possible to increase utilization from an operational point of view, it does not make sense to do so from a financial point of view.

$UAL {{ '2017-04-18T15:31:05+0000' | timeago}} • Webcast

$UAL said IT, contract, labor, legal expenses, mix of services including software and support, along with fuel contributed to higher expenses in 1Q17. The company is taking initiatives to bring down costs across the board and has seen some success in this regard. Some costs are customer-related investments which bring returns in terms of revenue.

$UAL {{ '2017-04-18T15:02:38+0000' | timeago}} • Webcast

$UAL saw an increase in PRASM in Houston during 1Q17. The company has less capacity in Houston and it is planning to take measures to improve PRASM in 2017. $UAL also saw strength in Dallas and Chicago. The rest of the hubs were down slightly but despite this, the company is seeing an improved revenue environment across the board.

$UAL {{ '2017-04-17T21:08:07+0000' | timeago}} • Announcement

In 1Q17, $UAL’s consolidated passenger revenue per available seat mile (PRASM) was flat and consolidated yield increased 0.4% compared to 1Q16. Consolidated unit cost per available seat mile (CASM) increased 5.1% due largely to higher fuel expense and the impact of labor agreements ratified in 2016.

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