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United Airlines Holdings Inc Says Doesn't Expect Customer Demand To Change Much Between Now And End Of Q1 Of 2021
United Airlines Expects Average Daily Cash Burn During Q4 2020 To Be About $24 Mln To $26 Mln
United Airlines Pledges To Become 100% Green By Reducing Greenhouse Gas Emissions By 100% By 2050
United Airlines Holdings Inc., formerly United Continental Holdings, Inc., is a holding company and its principal, wholly-owned subsidiary is United Airlines, Inc. (United). The Company transports people and cargo throughout North America and to destinations in Asia, Europe, the Middle East and Latin America. Through United and its regional carriers, it operates across five continents, with hubs at Newark Liberty International Airport (Newark), Chicago O'Hare International Airport (Chicago O'Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B. Won Pat International Airport (Guam), San Francisco International Airport (SFO) and Washington Dulles International Airport (Washington Dulles). It has contractual relationships with various regional carriers to provide regional aircraft service branded as United Express.
Robert S. Rivkin - Whqld
233 South Wacker Drive
Oscar X. Munoz
Executive Chairman of the Board
Brett J. Hart
J. Scott Scott Kirby
Chief Executive Officer and President of United Airlines
Chief Financial Officer, Executive Vice President
Chief Operating Officer, Executive Vice President
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United Airlines Holdings Inc said on Friday it was in talks with U.S. health officials to alert passengers on a recent flight of potential exposure to the new coronavirus after a man died following a medical emergency on the plane.
United Airlines Holdings Inc said on Friday average cash burn in the fourth quarter could jump up to $26 million per day, hurt by travel restrictions following a surge in COVID-19 cases over the last few weeks.
United Airlines Holdings Inc said on Friday it was seeking shareholder approval for a rights offering as part of a plan to thwart any hostile takeover moves and preserve a $8.2 billion tax benefit.
United Airlines Holdings Inc said on Friday it had adopted a tax benefits preservation plan to protect the company's ability to use its large net operating loss carryforwards to reduce future federal income tax expense.
United Airlines Holdings Inc <UAL.O> said on Friday it would introduce eight new routes and add more flights to 19 destinations in the Caribbean, Mexico and Latin America.
United Airlines Holdings Inc said https://bit.ly/2GlPrpR on Wednesday it has secured a loan agreement of up to $5.17 billion with the U.S. Treasury.
United Airlines Holdings <UAL.O> on Wednesday forecast a bigger drop in third-quarter passenger revenue than its own expectations and said it would look to cancel more flights until it sees a recovery in air travel.
United Airlines Holdings said on Wednesday it now expects third-quarter passenger revenue and capacity to be down about 85%, lower than its previous forecast.
United Airlines Holdings Inc <UAL.O> warned on Tuesday that travel demand will remain suppressed until there is a widely accepted treatment or vaccine for COVID-19, which plunged the carrier to a deep quarterly loss on Tuesday.
United Airlines Holdings Inc said on Tuesday it burned through about $40 million per day in the second quarter but sees that amount slowing to roughly $25 million in the third quarter as it matches its flight schedule to coronavirus-hit demand.
The Equal Employment Opportunity Commission on Monday filed a lawsuit accusing United Airlines Inc of religious discrimination for requiring a Buddhist pilot with alcoholism to attend Alcoholics Anonymous (AA) meetings despite his objection to their religious nature.
United Airlines Holdings Inc is closing its international bases for flight attendants in Frankfurt, Hong Kong, and Tokyo effective Oct. 1, 2020, according to an internal memo to crew on Friday seen by Reuters.
United Airlines Holdings Inc <UAL.O> said on Friday it will eliminate 13 officer positions even as it adds international flights back to its network, part of a restructuring to address the hit on its business from the coronavirus pandemic.
United Airlines Holdings Inc said on Friday it will be eliminating 13 officer positions as it consolidates roles and restructures some key departments to address the severe financial impact of the coronavirus crisis on its business.
United Airlines Holdings Inc said on Wednesday that Jon Roitman will be replacing Greg Hart as chief operations officer effective June 1 as part of an internal management reshuffle to prepare the airline for the near-term uncertainty of travel demand.
U.S. stock index futures advanced on Wednesday as hopes of an economic recovery eclipsed worries over simmering tensions between the United States and China.
United Airlines Holdings Inc said on Friday it would pay Chief Executive Officer Scott Kirby an annual base salary of $1 million, lower than what prior head Oscar Munoz received.
JetBlue Airways Corp said on Wednesday it will continue blocking seats on its aircraft through at least July 6, while United Airlines Holdings Inc said it had teamed up with Clorox Co and Cleveland Clinic medical experts to advise on new cleaning and safety protocols.
Two top U.S. airlines said on Tuesday ticket cancellations were slowing and demand was showing some signs of improvement, with Southwest Airlines Co recording more trip reservations than cancellations so far this month.
United Airlines Holdings Inc <UAL.O> said on Monday that starting next week it will notify passengers ahead of time if their flight is expected to be "closer to full capacity," allowing them to re-book on a different flight or receive a travel credit.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.