Company Of The Day: United Airline Holdings
What?
United Airlines (NYSE:UAL) is in talks to buy around 200 single-aisle jets from Boeing and Airbus, per a report from Reuters.
Why?
- Spurred By Stellar Earnings, Can United Airlines Holdings Stock Extend Its Run?
- United Airlines Holdings Stock Looks Set For A Come Back
- Down 13% Last Week, Can United Airlines Holdings Stock Bounce Back?
- Is United Airlines Stock On The Move?
- Company Of The Day: United Airlines
- Will United Airlines Stock Rise After Recent Correction?
United is looking to upgrade its fleet with more fuel-efficient planes, with demand for air travel recovering following Covid-19.
So What?
Airline bookings have rebounded driven by the availability of Covid-19 vaccines and the easing of travel restrictions. United stock has also outperformed, rising by 35% year to date, and the fleet upgrade plan should give investors more confidence about the longer-term outlook for the industry.
See Our Complete Analysis For United Airlines
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