Airline stocks have been crushed since the Iran war started. But it may not be quite as bad as feared for U.S. carriers.
Both United Airlines and its flight attendants union said Friday that they are close to reaching a revised tentative contract agreement.
United Airlines (UAL) – an international air transportation and aviation services company – has entered a 5-day downturn, with total losses during this timeframe hitting -18%. The company's market capitalization has declined by approximately $6.8 billion over the past 5 days and now stands at $31 billion.
United Airlines (UAL) stands out as a top long candidate among US airlines, supported by strong fundamentals and attractive forward P/E valuation. UAL's United Next strategy drove peer-leading 16% capacity growth, robust margin defense, and significant debt reduction from 29% to 25% of assets since 2019. Geographic diversification, with less than 60% domestic revenue and strong international exposure, enhances UAL's resilience and high-margin route potential.
United Airlines (UAL) reached $95.43 at the closing of the latest trading day, reflecting a -5.03% change compared to its last close.
Travel is another sector suffering a major setback amid the U.S.-Iran conflict , with thousands of flights canceled since Saturday -- numbers not seen since the Covid-19 pandemic.
United Airlines (UAL) closed at $106.34 in the latest trading session, marking a -8.67% move from the prior day.
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Delta Air Lines Inc (NYSE:DAL) and United Airlines Holdings Inc (NASDAQ:UAL) shares are lower today, as Winter Storm Hernando blasts the East Coast with strong winds and snow.
United Airlines selects 300 GE GEnx engines for new 787s, becomes the largest GEnx operator and boosts GE's long-term service revenues.