United Airlines Holdings, Inc. - UAL STOCK NEWS

United Airlines announces its largest winter schedule ever, operating nearly 4,600 daily flights during peak season. The expansion includes new flights at over 140 U.S. airports and four new international destinations. The airline launches service to Marrakesh, Morocco on October 24, followed by routes to Cebu, Philippines, Medellin, Colombia, and Dominica. The schedule features significant growth in Africa, Southern Europe, and Latin America, with nearly 10% expansion in Latin American routes compared to last year. United also strengthens its domestic network, particularly to ski and sun destinations, offering triple the average daily flights to 11 ski markets compared to other U.S. carriers.

United Airlines has seen significant success with its industry-first digital sizing tool for wheelchair users, launched in March 2024. Over 20,000 customers have utilized the tool, contributing to a nearly four-point improvement in customer satisfaction scores compared to the previous year. The airline has also announced a new collaboration with United Spinal Association to further enhance accessibility initiatives.

The digital tool, available on United's app and website, helps customers find flights that can accommodate their wheelchair dimensions. United also offers refunds for fare differences if customers need to book more expensive flights to accommodate their wheelchairs. Additionally, the airline has implemented several other improvements, including Braille on aircraft interiors, enhanced mobile app accessibility, and improved inflight entertainment features for passengers with disabilities.

United Airlines (UAL) reported strong third-quarter 2024 financial results, exceeding earnings per share expectations. The company achieved:

• Pre-tax earnings of $1.3 billion with a 8.7% margin
• Adjusted pre-tax earnings of $1.4 billion with a 9.7% margin
• Diluted earnings per share of $2.90
• Adjusted diluted earnings per share of $3.33

UAL announced a $1.5 billion share repurchase program and generated $7.2 billion in operating cash flow and $3.4 billion free cash flow year-to-date. The company saw improved revenue trends as the industry reached an inflection point, with domestic unit revenue turning positive in August and September. Corporate revenues increased 13% year-over-year in September, while premium revenues rose 5% and Basic Economy revenue grew 20% in the quarter.

United Airlines has announced its largest international expansion in history, adding service to eight new cities starting May 2025. The airline will launch five new nonstop flights from Newark/New York to unique destinations including Nuuk, Greenland; Palermo, Italy; Bilbao, Spain; Madeira Island and Faro, Portugal. Additionally, United will introduce three new nonstop routes from Washington D.C./Dulles, including its first-ever flight to Dakar, Senegal.

United's summer 2025 transatlantic schedule will be its largest ever, offering more than 760 weekly flights. The airline is also expanding its Asian network with new direct flights from Tokyo-Narita to Ulaanbaatar, Mongolia and Kaohsiung, Taiwan. In total, United will offer 800 daily flights to and from 147 international destinations next summer, including 40 that no other U.S. airline serves.

This expansion aligns with United's position as the world's largest airline and its goal to provide customers with the most flexibility and options for global travel.

United Airlines (UAL) has announced that it will hold a conference call to discuss its third-quarter 2024 financial results on Wednesday, October 16 at 9:30 a.m. CT/10:30 a.m. ET. The company will release its financial results and outlook after the market closes on Tuesday, October 15. Investors and interested parties can access a live, listen-only webcast of the conference call through the company's investor relations website at ir.united.com. This event provides an opportunity for stakeholders to gain insights into United's financial performance and future prospects directly from the company's management team.

United Airlines has unveiled a new domestic economy cabin wine list, expanding choices for customers starting October 1. The lineup includes a new rosé option and exclusive brut bubbles from women-owned brands Just Enough Wines and Maker Wine. United has served over 20 million glasses of wine system-wide in 2024, 1.5 times more than beer or spirits.

The new selection features four wine varietals in 250ml cans, priced at $12 each: Just Enough Wines Rosé, Maker Brut Bubbles, Just Enough Wines Cabernet Sauvignon, and Just Enough Wines Chardonnay. This transition to canned wines will reduce single-use plastic bottles by an estimated 4.7 million per year, supporting United's sustainability commitment.

This refresh is part of United's largest wine program overhaul and ongoing investment in elevating food and beverage offerings, including the addition of premium brands and new dishes to inflight menus.

United Airlines and the San Francisco 49ers have announced a groundbreaking partnership, making the 49ers the first NFL team to purchase sustainable aviation fuel (SAF). This initiative, part of United's Eco-Skies Alliance, aims to reduce carbon emissions from air travel. The 49ers have purchased enough SAF to cover their game-related flying from San Francisco to Los Angeles for an upcoming Sunday game.

SAF, an alternative to conventional jet fuel, can reduce greenhouse gas emissions by up to 85% on a lifecycle basis. United Airlines, committed to reaching net zero greenhouse gas emissions by 2050 without relying on voluntary carbon offsets, leads the U.S. industry in SAF purchase and use. The partnership aligns with the 49ers' history of environmental stewardship, including their LEED Gold certified Levi's® Stadium and participation in the 'Faithful to the Planet' initiative.

United Airlines has signed a groundbreaking agreement with SpaceX to provide free Starlink Wi-Fi service across its entire fleet of over 1,000 aircraft. This industry-leading deal aims to revolutionize inflight connectivity, offering passengers gate-to-gate internet access with speeds comparable to ground-based services. The new system will enable live streaming, gaming, and e-commerce on both personal devices and seatback screens simultaneously.

Testing is set to begin in early 2025, with the first passenger flights expected later that year. United's CEO, Scott Kirby, emphasized that this innovation will allow passengers to do virtually anything online at 35,000 feet that they can do on the ground. The service will also benefit United's frontline employees, enhancing operational efficiency and customer service capabilities.

United Airlines (UAL) has announced its participation in the Morgan Stanley 12th Annual Laguna Conference. The presentation is scheduled for Thursday, September 12, starting at 12:50 p.m. PDT. Investors and interested parties can access the live webcast through United's investor relations website at ir.united.com.

For those unable to attend the live event, United will make an archived audio recording available on their website within 24 hours of the presentation. This conference provides an opportunity for United to share insights with investors and analysts, potentially discussing company performance, future strategies, and industry trends.