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MarketScreener Homepage  >  Equities  >  Nasdaq  >  United Continental Holdings, Inc.    UAL

UNITED CONTINENTAL HOLDINGS, INC.

(UAL)
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United Continental : , American Airlines to scrap change fees for overseas flights

11/19/2020 | 08:50pm EST
American Airlines passenger planes crowd a runway in Tulsa

(Reuters) - United Airlines and American Airlines said on Thursday they will scrap change fees for long-haul international flights, mirroring their move on domestic flights in a bid to revive bookings and air travel demand hit by the pandemic.

The COVID-19 crisis has weakened one of the core elements of the airline playbook: price many fares attractively low, then charge for ticket changes. American Airlines said it will eliminate change fees for first class, business class, premium economy and main cabin tickets for all long-haul international flying, if the travel originates in North or South America.

United said it will announce an extension of its change fee waiver for basic economy and international tickets later this year "to continue to offer more flexibility to all customers who travel with us."

Chicago-based United is among the major U.S. airlines that began implementing temporary waivers of change fees this year, given the uncertainty surrounding the coronavirus crisis. Earlier, both airlines said they had seen an uptick in decrease in bookings due to a recent spike in COVID-19 cases in the United States.

(Reporting by Mrinalika Roy in Bengaluru, Editing by Sherry Jacob-Phillips)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMERICAN AIRLINES GROUP INC. -3.43% 15.87 Delayed Quote.4.25%
UNITED CONTINENTAL HOLDINGS, INC. -4.34% 44.2661 Delayed Quote.7.03%
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Financials (USD)
Sales 2020 15 411 M - -
Net income 2020 -6 725 M - -
Net Debt 2020 15 872 M - -
P/E ratio 2020 -1,94x
Yield 2020 0,02%
Capitalization 13 470 M 13 470 M -
EV / Sales 2020 1,90x
EV / Sales 2021 1,24x
Nbr of Employees 87 887
Free-Float 99,8%
Chart UNITED CONTINENTAL HOLDINGS, INC.
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United Continental Holdings, Inc. Technical Analysis Chart | UAL | US9100471096 | MarketScreener
Technical analysis trends UNITED CONTINENTAL HOLDINGS, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 46,67 $
Last Close Price 46,29 $
Spread / Highest target 33,9%
Spread / Average Target 0,81%
Spread / Lowest Target -30,9%
EPS Revisions
Managers and Directors
NameTitle
J. Scott Kirby Chief Executive Officer
Brett J. Hart President
Oscar Munoz Executive Chairman
Jonathan Roitman Chief Operations Officer & Executive VP
Gerald Laderman Chief Financial Officer & Executive Vice President
Sector and Competitors