Latest United Continental Holdings Inc News

Biden administration officially withdraws vaccine rule

Jan. 25, 2022 16:46 PM EST

The Biden administration has officially withdrawn a rule that would have required workers at big companies to get vaccinated or face regular COVID testing requirements. The Occupational Safety and Health Administration confirmed the withdrawal Tuesday. But the agency said it still...

US blocks flights by Chinese airlines in escalating dispute

Jan. 21, 2022 15:31 PM EST

WASHINGTON (AP) — The United States moved Friday to block 44 flights to the U.S. by Chinese airlines in retaliation for China forcing the cancellation of flights by U.S. airlines. The Transportation Department order affecting four Chinese airlines is the latest development in a...

Asian shares slide after more losses on Wall Street

Jan. 20, 2022 23:06 PM EST

BANGKOK (AP) — Shares were lower in Asia on Friday after a late afternoon sell-off wiped out gains for stocks on Wall Street. Tokyo fell 1.4% after Toyota Motor Corp. announced production cuts due to parts shortages. Other major regional markets also fell. Oil prices slipped,...

American Airlines reports $931 million fourth-quarter loss

Jan. 20, 2022 12:25 PM EST

DALLAS (AP) — American Airlines lost $931 million in the fourth quarter and the incoming CEO said Thursday that the surge in COVID-19 will delay the airline's recovery by two or three months. First-quarter revenue is expected to be down about 20% to 22% compared with the first...

United posts $646 million loss, omicron casts shadow over 1Q

Jan. 19, 2022 18:26 PM EST

CHICAGO (AP) — United Airlines lost $646 million in the fourth quarter and said Wednesday that the current spike in COVID-19 cases will hurt its results in the March quarter. The airline said it expects its first-quarter revenue will be down 20% to 25% from the same period in 2019....

Asian shares skid, tracking Wall Street retreat

Jan. 13, 2022 22:53 PM EST

BANGKOK (AP) — Asian shares slipped Friday after a retreat on Wall Street that left the Nasdaq composite down 2.5%. Tokyo fell nearly 2% and Hong Kong, Shanghai and Seoul also were lower. China reported its global trade surplus surged nearly 30% in 2021 to $676.4...

After wave of cancellations, Delta sees recovery in 2022

Jan. 13, 2022 12:55 PM EST

Delta Air Lines lost $408 million in the final quarter of 2021, dragged down by a COVID-19 surge that rocked the airline in December, and the carrier predicted Thursday that it will suffer one more quarterly loss before travel perks up in spring and summer. CEO Ed Bastian said 8,000...

Delta extends life of expiring travel vouchers from pandemic

Jan. 12, 2022 20:37 PM EST

ATLANTA (AP) — Delta Air Lines said Wednesday it will extend through 2023 the window for customers to rebook credits earned when they purchased but then canceled flights during the pandemic. Before the announcement, Delta flight credits were set to expire at the end of 2022. The...

US airlines say China is forcing them to cancel some flights

Jan. 11, 2022 19:47 PM EST

U.S. airlines say China has blocked more than a dozen recent and future flights from entering the country, which has been tightening already-strict COVID-19 travel restrictions. China ordered the cancellations after some passengers tested positive for COVID-19 on flights that arrived...

Companies keep mum as vaccine mandate goes to Supreme Court

Jan. 07, 2022 18:07 PM EST

NEW YORK (AP) — Companies that would be affected by a Biden administration vaccine-or-testing requirement for workers have largely remained on the sidelines while the Supreme Court considers whether the rule can be enforced. The requirement, which would apply to companies with 100...