Latest United Continental Holdings Inc News

Bad Breadth: Whiff of danger as market gains lack scope

Jul. 22, 2021 10:46 AM EDT

NEW YORK (AP) — Even before Monday’s swoon — the worst day for stocks on Wall Street in a couple months — the market was flashing concerning signals. Chief among them were sharp moves in the bond market that indicated worsening expectations for economic growth and...

US airlines say COVID-19 variants aren't hurting bookings

Jul. 21, 2021 16:54 PM EDT

Rising concern about the fast-spreading delta variant of COVID-19 is creating turbulence for the stocks of big travel companies, but airline executives say they don’t see any slowdown in ticket sales, maybe because a high percentage of their best customers are fully vaccinated. ...

United Airlines posts $434 million 2Q loss but revenue up

Jul. 20, 2021 18:52 PM EDT

United Airlines reduced its quarterly loss to $434 million and posted surprisingly strong revenue as U.S. vacation travel picked up. In reporting second-quarter results Tuesday, the Chicago-based airline said it expects to earn a pretax profit in the remaining two...

Travel stocks roar back a day after virus-fueled sell-off

Jul. 20, 2021 13:42 PM EDT

Travel stocks bounced back Tuesday, a day after jitters over rising coronavirus cases caused a broad market slump that hit airlines, cruise lines and hotels especially hard. In midday trading, shares of American Airlines were up 6%, while Delta Air Lines, United Airlines...

United Airlines to halt service to Paine Field in Everett

Jul. 20, 2021 11:22 AM EDT

EVERETT, Wash. (AP) — United Airlines plans to suspend service out of Paine Field airport in Everett, Washington, beginning in early October. In a statement Monday, a United spokesperson said that the airline has “continued to evaluate and adapt its network” and...

Airlines, cruise lines and hotel stocks fall on virus fears

Jul. 19, 2021 17:11 PM EDT

Air travel in the United States hit another pandemic-era record over the weekend as vacationers jammed airports, but shares of airlines, cruise lines, hotels and almost anything else related to travel tumbled Monday on growing concerns about highly contagious coronavirus variants. ...

With taxpayers' help, Delta posts $652 million profit in 2Q

Jul. 14, 2021 12:25 PM EDT

Delta Air Lines reported its first quarterly profit since the pandemic devastated the airline industry more than a year ago, as hordes of vacation travelers and money from U.S. taxpayers offset weak corporate and international travel. Delta said Wednesday that it earned...

Delta goes shopping for deals on the used-airplane lot

Jul. 13, 2021 18:05 PM EDT

ATLANTA (AP) — Delta Air Lines said Tuesday it will buy or lease 36 used planes at good prices to position itself for growth after the pandemic. Terms were not announced. Delta said it expects to receive the planes by the first quarter of next year and put them in...

United says it's investing in Swedish electric-plane firm

Jul. 13, 2021 12:32 PM EDT

CHICAGO (AP) — United Airlines says it is investing in a startup that is trying to build electric-powered aircraft and might buy 100 of the small planes. The airline declined Tuesday to say how much money it will put into Sweden-based Heart Aerospace. ...

Guest lineups for the Sunday news shows

Jul. 09, 2021 21:05 PM EDT

WASHINGTON (AP) — Guest lineups for the Sunday news shows: ABC’s “This Week” — Dr. Anthony Fauci, director of the National Institutes of Allergy and Infectious Diseases; Gov. Asa Hutchinson, R-Ark.; Eric Adams, Democratic nominee for mayor of New York City. ...