Tag Archives: United Airlines Holdings Inc

Passengers at the Miami International Airport Leslie Josephs | CNBC U.S. travel hit a new pandemic high, surging from holiday demand despite new Covid-19 infection levels. More than 1.3 million people passed through Transportation Security Administration checkpoints at U.S. airports on Sunday, 55% of the 2.4 million people TSA screened …

Decommissioned and suspended commercial aircrafts are seen stored in Pinal Airpark on May 16, 2020 in Marana, Arizona. Christian Petersen | Getty Images News | Getty Images The Covid-19 pandemic has been brutal for U.S. airlines and significant relief isn’t expected until the second half of 2021. U.S. carriers’ 2020 …

Here are the most important news, trends and analysis that investors need to start their trading day: 1. House passes bill for $2,000 stimulus checks Speaker of the House Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak after a press conference on Capitol Hill on December 20, …

An American Airlines Boeing 737 MAX airplane takes off on a test flight from Dallas-Fort Worth International Airport in Dallas, Texas, on December 2, 2020. Cooper Neill | AFP | Getty Images MIAMI — American Airlines on Tuesday is set to operate the first U.S. commercial flight of Boeing’s 737 …

After a bruising year for the airline industry, Hawaiian Airlines CEO Peter Ingram told CNBC he believes it’s only up from here. Airlines spent much of 2020 cutting routes and reducing flights due to the decline in travel demand from the coronavirus pandemic, but companies including Delta and United Airlines …

Airline industry workers hold signs during a protest in Federal Plaza in Chicago, Illinois, on September 9, 2020. Kamil Krzaczynski | AFP | Getty Images U.S. airlines have begun the complicated process of calling back 32,000 workers they furloughed this fall, a condition struggling carriers need to comply with to …

Alaska Airlines has agreed to buy nearly two dozen additional Boeing 737 Max planes, the first order from a U.S. carrier since regulators cleared the planes to fly again last month after two deadly crashes. Alaska said Tuesday it will buy 68 of the 737 Max 9 planes, up from …

It’s no secret airlines have had an unprecedently bad year. JPMorgan expects the pain to continue for some companies, with analysts double downgrading shares of JetBlue, Spirit and United Airlines to underweight from overweight on Wednesday on overvaluation concerns. The firm maintained its overweight ratings on Delta, Alaska Airlines and …

United is the first commercial airline to fly the first FDA-authorized COVID-19 vaccines to the U.S. thanks to a coordinated effort between cargo, safety, technical operations, flight operations and several other teams at United. On behalf of Pfizer, United operated five cargo-only flights in early December delivering COVID-19 vaccines from …

American Airlines Boing 777-300 wide-body aircraft as seen on final approach over the houses of Myrtle Ave, for landing at London Heathrow LHR EGLL International airport in England, UK. The B777 airplane has the registration N718AN and is powered by 2x GE jet engines. American Airlines AA AAL is the …

United Airlines Boeing 767-400 ER Extended Range with 2x CF6-80 engines aircraft landing at Amsterdam Schiphol International Airport AMS EHAM in The Netherlands, the Dutch capital. Economou | NurPhoto | Getty Images United Airlines is turning to technology that aims to capture carbon dioxide from the air and store it …

A person walks at Reagan National Airport ahead of the Thanksgiving holiday in Arlington, November 25, 2020. Hannah McKay | Reuters American Airlines will start offering travelers $129 at-home Covid-19 tests, results that can help them avoid quarantines as long as two weeks. The initiative, which starts Wednesday for travel …

Dr. Joseph Varon, left, and other medical staff member talk to a patient in the COVID-19 intensive care unit (ICU) at the United Memorial Medical Center on December 6, 2020 in Houston, Texas. Go Nakamura | Getty Images The Food and Drug Administration could authorize a coronavirus vaccine as early as the …

Delta Air Lines Airbus A330 aircraft as seen on final approach in Amsterdam Schiphol International Airport in the Netherlands. NurPhoto | NurPhoto | Getty Images Delta Air Lines said Thursday that a spike in coronavirus infections is hurting demand for air travel, becoming the latest airline to warn about softening …

Pfizer had been submitting data on its vaccine on a “rolling basis” to the U.K., meaning regulators there were able to review the data in real-time.

CNBC’s Jim Cramer on Wednesday laid out a basket of stocks that are set to bounce back when the U.S. reopens again, though the timeline remains elusive. “Pent-up demand. Get used to hearing that term because it’s going to define the very next leg of this just impossible-to-believe bull market,” the …

American Airlines is flying its employees, including top executives and reporters on its Boeing 737 Max planes this week in hopes of boosting confidence in the jetliners that were grounded for 20 months following two crashes that killed 346 people. On Wednesday, the airline plans to demonstrate how it’s pulling …

The airline industry is facing its biggest disaster ever as Capitol Hill hits another impasse over a coronavirus relief bill, said Sara Nelson, president of the Association of Flight Attendants-CWA. “We are experiencing a crisis that is bigger than all the financial crises that the airline industry has faced since …

American Airlines Boeing 787-9 Dreamliner takes off from Los Angeles international Airport on November 11, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images American Airlines and United Airlines are pausing plans to operate nonstop flights to Shanghai from the U.S. following reports of lengthy …

United Airlines and Delta Airlines jets Sam Hodgson | Bloomberg | Getty Images The Senate has set aside $17 billion for airlines in a more than $900 billion bipartisan proposal providing additional coronavirus aid that was released Tuesday, according to people familiar with the matter. Airlines received $25 billion under …

Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to surge after best month since 1987 Dow futures pointed to a 300 point gain at Tuesday’s open, setting up Wall Street to start December with a strong rally. While stumbling …

A Centers for Disease Control and Prevention panel is set to vote Tuesday on who will be first in line to get the coronavirus vaccine. The meeting with the Advisory Committee on Immunization Practices, or ACIP, an outside group of medical experts that advises the CDC, comes a day after …

The Federal Aviation Administration said it supported the “first mass air shipment” of Covid-19 vaccines on Friday, as pharmaceutical companies and airlines prepare networks for broad distribution. United Airlines carried Pfizer‘s Covid-19 vaccine from Brussels to Chicago O’Hare International Airport, according to people familiar with the matter. Ahead of the …

People wait for their baggage in the terminal at Boston Logan International Airport in Boston on Nov. 25, 2020. Erin Clark | Boston Globe | Getty Images U.S. air travel rose to the highest levels since the start of the coronavirus pandemic, according to data released Monday, an increase that …

Check out the companies making headlines before the bell: Moderna — Shares Moderna rose more than 11% in premarket trading after the drugmaker said new data confirms the vaccine is more than 94% effective in preventing Covid-19. Moderna plans to request emergency clearance from the Food and Drug Administration on Monday. …

A pilot talks on a mobile device near a Delta Air Lines gate at the Salt Lake City International Airport. George Frey | Bloomberg | Getty Images Delta Air Lines pilots voted in favor of pay cuts that would avoid furloughs until 2022 as the industry reels from the coronavirus …

A salesman carries a Best Buy shopping basket in San Francisco, California. Getty Images Check out the companies making headlines in midday trading. American Airlines, United Airlines, Carnival — Airlines and cruise stocks surged on Tuesday as stocks tied to an economic recovery continued to rise after a series of …

After Wall Street digested more positive coronavirus vaccine news and investors grew more optimistic on the reopening trade, CNBC’s Jim Cramer on Monday unveiled a list of “return to normalcy” stocks. “I think you have to buy a couple of these vaccine winners on any weakness, although when it comes …

Check out the companies making headlines midday Monday: AstraZeneca — Shares of British pharmaceutical giant AstraZeneca fell more than 3% after the company said clinical trials showed its coronavirus vaccine has an average efficacy of 70% in preventing the virus. Its competitors Pfizer and Moderna previously said their Covid-19 vaccine …

Promising developments on the vaccine front have sparked optimism that the pandemic’s end may be in sight. But if the market trends that immediately followed positive vaccine news are any indication, some sectors will benefit a lot more than others. Massachusetts-based biotech company Moderna said last week that its coronavirus …

During the global coronavirus pandemic Ana Ramos, right, is being tested for covid19 in Tom Bradley international at LAX on Tuesday, Nov. 17, 2020 in Los Angeles, CA. Francine Orr | Los Angeles Times | Getty Images Airline executives warned Thursday that bookings are starting to drop as new coronavirus …

Two new Covid-19 testing programs may be the key to unlocking travel between the United States and Europe. Select passengers flying on American Airlines, British Airways and United Airlines flights are eligible to participate in testing programs that are evaluating whether preflight Covid-19 tests can be used to relax travel …

Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, July 1, 2019. Lindsey Wasson | Reuters The Federal Aviation Administration on Wednesday cleared the Boeing’s 737 Max to fly again commercially, a turning point in a protracted crisis for the aircraft …

Travelers wear face masks as a preventive measure at Schiphol airport. Robin Utrecht | LightRocket | Getty Images American Airlines, British Airways and Oneworld, their alliance partner, later this month will offer Covid-19 testing for some passengers, the latest effort to spur international travel as the pandemic keeps most travelers …

A Boeing 737 MAX jet lands following a Federal Aviation Administration (FAA) test flight at Boeing Field in Seattle, Washington on June 29, 2020. Jason Redmond | AFP | Getty Images The Boeing 737 Max is nearing clearance to fly again after a 20-month ban prompted by two fatal crashes …

An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines plans to cut much of its service to London next month from major U.S. airports due to weak demand in the pandemic, the carrier said Sunday. The move comes as coronavirus cases have climbed in …

A United Airlines plane takes off above American Airlines planes on the tarmac at Los Angeles International Airport (LAX) on October 1, 2020 in Los Angeles, California. Mario Tama | Getty Images U.S. airlines employment will fall to the lowest since the mid-1980s by the end of 2020, the result …

United Airlines Boeing 767-400 ER Extended Range with 2x CF6-80 engines aircraft landing at Amsterdam Schiphol International Airport AMS EHAM in The Netherlands, the Dutch capital. Economou | NurPhoto | Getty Images United Airlines has set a date for its return to New York’s John F. Kennedy International Airport: Feb. …