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United States

United Continental Holdings Inc (UAL)

UAL on New York Consolidated

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9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Teamster mechanics at United Airlines ratify national agreement
Monday, 5 Dec 2016 01:02pm EST 

Teamsters: Teamster mechanics at United Airlines ratify national agreement . Mechanics at United Airlines stations across nation ratified a six-year national joint collective bargaining agreement with company Further company coverage: [UAL.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

United Airlines says technicians ratify joint collective bargaining agreement
Monday, 5 Dec 2016 01:00pm EST 

United Continental Holdings Inc :Technicians represented by international brotherhood of teamsters, have voted to ratify new joint collective bargaining agreement.  Full Article

United Continental Holdings says UAL's Oct. consolidated load factor decreased 1.0 point
Tuesday, 8 Nov 2016 04:05pm EST 

United Continental Holdings Inc : UAL's October 2016 consolidated traffic (revenue passenger miles) increased 0.6 percent . UAL's October 2016 consolidated load factor decreased 1.0 point compared to october 2015 . Oct consolidated capacity (available seat miles) increased 1.8 percent versus October 2015 . Oct. consolidated RPM 17.75 billion versus 17.65 billion .Oct. consolidated ASM 21.54 billion versus 21.15 billion.  Full Article

United Continental sees Q3 consolidated capacity up 2 pct
Tuesday, 11 Oct 2016 07:32am EDT 

United Continental Holdings Inc : Sees Q3 consolidated capacity year-over-year up 2 percent . United Continental Holdings - Q3 gross capital expenditures are higher than previous guidance due to a change in timing of certain non-aircraft projects . United Continental Holdings Inc - no impact to full-year 2016 capital expenditure guidance from change in timing of certain non-aircraft projects . Sees Q3 other revenue $1,075 - $1,095 million . United Continental Holdings Inc -sees Q3 consolidated PRASM 12.61 percent - 12.68 percent . Sees Q3 consolidated CASM excluding profit sharing, fuel & third-party business expense 9.35 percent - 9.38 percent . United Continental - Q3 gross capital expenditures are higher than previous guidance due to a change in timing of certain non-aircraft projects . United Continental - there is no impact to full-year 2016 capital expenditure guidance. .United Continental Holdings Inc - sees Q3 total consolidated load factor of 85.5%, down 0.1 percent.  Full Article

United Airlines Sept consolidated load factor up 0.3 points
Tuesday, 11 Oct 2016 07:30am EDT 

United Continental Holdings Inc: Now expects Q3 consolidated passenger unit revenue to decline 5.5 percent-6 percent versus Q3 of 2015 . United reports September 2016 operational performance . UAL's September 2016 consolidated traffic (revenue passenger miles) increased 3.9 percent . United Continental Holdings Inc - expects third-quarter 2016 consolidated passenger unit revenue to decline 5.5 to 6.0 percent compared to q3 of 2015 . Sept consolidated capacity (available seat miles) increased 3.6 percent versus september 2015 . United Continental Holdings Inc - UAL's September 2016 consolidated load factor increased 0.3 points compared to september 2015. .United Continental Holdings Inc - Sept RPMS 17.52 billion, up 3.9 percent; Sept ASMS 21.06 billion, up 3.6 percent.  Full Article

United Airlines says entered into Note Purchase Agreement, dated as of September 27, 2016 - SEC filing
Thursday, 29 Sep 2016 02:55pm EDT 

United Airlines : United Airlines says entered into Note Purchase Agreement, dated as of September 27, 2016 - SEC filing . United Airlines says Note Purchase Agreement provides for future issuance by company of equipment notes in aggregate principal amount of $919,593,000 .United Airlines says agreement to finance 13 new Boeing aircraft scheduled for delivery between December 2016 and June 2017.  Full Article

Teamsters, United Airlines reach tentative agreement for technicians
Thursday, 29 Sep 2016 02:33pm EDT 

International Brotherhood Of Teamsters : Teamsters, United Airlines reach tentative agreement for technicians . International Brotherhood Of Teamsters -Reached tentative agreement with United Airlines on 6-year joint collective bargaining agreement . International Brotherhood Of Teamsters -Contract will be put in front of members for a ratification vote .International Brotherhood Of Teamsters -Agreement covering more than 9,000 technicians.  Full Article

United Airlines' mechanics union agree final language for contract deal reached last month - United spokeswoman
Wednesday, 28 Sep 2016 07:34pm EDT 

: United Airlines' mechanics union has agreed to final language for contract deal reached last month - United spokeswoman . United Airlines mechanics will now vote in coming weeks on whether to ratify the tentative agreement - United spokeswoman ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

United Airlines service to Havana starts Nov. 29
Thursday, 1 Sep 2016 05:10pm EDT 

United Continental Holdings Inc : United Airlines service to Havana starts Nov. 29 . Beginning Nov. 29, will start daily nonstop flights to Cuban capital from New York/Newark and Saturday nonstop service from Houston .Both services subject to government approval.  Full Article

United Continental says ​Andrew Levy Named CFO
Thursday, 18 Aug 2016 09:25am EDT 

United Continental Holdings Inc : Says ‍​Andrew Levy Named Chief Financial Officer; Julia Haywood Named Chief Commercial Officer . Says Acting CFO Gerry Laderman To Continue As Senior Vice President, Finance, Procurement And Treasurer . Says Levy Comes To United From Allegiant Travel Company .Says Current Chief Revenue Officer Jim Compton To Retire At The End Of The Year.  Full Article

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American Airlines raises fourth-quarter unit revenue forecast

American Airlines Group Inc said higher average fares per mile have boosted its revenue and profit expectations for the fourth quarter, a day after rival United Continental Holdings Inc also raised forecasts.