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United Airlines to Begin Flight on Multiple Routes Next Month
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United Airlines (UAL - Free Report) plans to resume nearly 30 nonstop international services in November to take advantage of the improvement in leisure travel demand. These routes will include cities in Asia, Europe, and South America. Additionally, the airline is also set to offer customers service to popular leisure destinations in the Caribbean, Hawaii, Central America and Mexico.
Some of the modifications to the existing schedule include starting flights connecting Washington Dulles and Key West, FL and restarting services between San Francisco and Tampa, FL. Also, it will resume operations (thrice a week) between Denver and Frankfurt. United Airlines also aims to operate five times a week on the Houston - Frankfurt route five times a week from next month.
Despite adding new routes, United Airlines November schedule is still less than half of what it was in the year ago period. The airline aims to fly 44% of its total schedule in November compared to 2019, and a four point increase compared with October 2020 levels.
In the United States, the carrier intends to operate 49% of its schedule this November compared with November 2019. On the international front the Chicago-based carrier intends to fly 38% of its schedule next month compared to November 2019. This indicates a 6-point month-on-month increase.
Through this move, United Airlines aims to generate revenues and boost flying opportunities. It is expected to aid the top line numbers in near future amid severe coronavirus led crisis.
In line with its expansion initiative, United Airlines recently announced plans to resume nonstop service to China soon. The airline, which had been operating four weekly flights between San Francisco and Shanghai via Seoul, will operate this San Francisco-Shanghai service nonstop from Oct 21.
Long-term expected earnings per share (three to five years) growth rate for J.B. Hunt, Werner and Knight-Swift is pegged at 15%, 8.5% and 15%, respectively.
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A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time. See 8 breakthrough stocks now>>
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United Airlines to Begin Flight on Multiple Routes Next Month
United Airlines (UAL - Free Report) plans to resume nearly 30 nonstop international services in November to take advantage of the improvement in leisure travel demand. These routes will include cities in Asia, Europe, and South America. Additionally, the airline is also set to offer customers service to popular leisure destinations in the Caribbean, Hawaii, Central America and Mexico.
Some of the modifications to the existing schedule include starting flights connecting Washington Dulles and Key West, FL and restarting services between San Francisco and Tampa, FL. Also, it will resume operations (thrice a week) between Denver and Frankfurt. United Airlines also aims to operate five times a week on the Houston - Frankfurt route five times a week from next month.
Despite adding new routes, United Airlines November schedule is still less than half of what it was in the year ago period. The airline aims to fly 44% of its total schedule in November compared to 2019, and a four point increase compared with October 2020 levels.
In the United States, the carrier intends to operate 49% of its schedule this November compared with November 2019. On the international front the Chicago-based carrier intends to fly 38% of its schedule next month compared to November 2019. This indicates a 6-point month-on-month increase.
Through this move, United Airlines aims to generate revenues and boost flying opportunities. It is expected to aid the top line numbers in near future amid severe coronavirus led crisis.
In line with its expansion initiative, United Airlines recently announced plans to resume nonstop service to China soon. The airline, which had been operating four weekly flights between San Francisco and Shanghai via Seoul, will operate this San Francisco-Shanghai service nonstop from Oct 21.
Zacks Rank & Key Picks
United Airlines carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Transportation sector are J.B. Hunt Transport Services, Inc. (JBHT - Free Report) , Werner Enterprises, Inc. (WERN - Free Report) and Knight-Swift Transportation Holdings Inc (KNX - Free Report) . While J.B. Hunt and Knight-Swift carry a Zacks Rank #2 (Buy), Werner sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term expected earnings per share (three to five years) growth rate for J.B. Hunt, Werner and Knight-Swift is pegged at 15%, 8.5% and 15%, respectively.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>