by Amruth Sundarkumar | Oct 19, 2022 | Corporates, High Yield Bonds
United Airlines’ bonds have trended upwards this week with the company releasing its Q3 2022 financial results yesterday, that beat analysts expectations all around. Its Q3 adjusted earnings and revenue were $2.81 per share and $12.9bn respectively, beating market...
by Amruth Sundarkumar | Aug 31, 2022 | Corporates, Global
United Airlines and Emirates Airlines are set to enter into a codeshare agreement pending government approvals over the next few weeks, as per Reuters sources. The codeshare agreement is likely to help United Airlines compete better for travelers flying to the Gulf...
by Amruth Sundarkumar | Jul 21, 2022 | Corporates, Investment Grade Bonds
United Airlines delivered its first profitable quarter since the pandemic began, posting a net income of $329mn vs a net loss of $434mn in the same period last year. Its operating revenues also increased 6% to $12.1bn vs $11.4bn in Q2 2019, achieving the highest Q2...
by Amruth Sundarkumar | Apr 21, 2022 | Corporates
United Airlines (UAL) announced that it expects to return to profitability in Q2 2022 on a strong operating revenue outlook, including total revenue per available seat mile (TRASM) of approximately 17% over 2019, the strongest Q2 revenue guidance in the company’s...
by Amruth Sundarkumar | Feb 3, 2022 | Corporates
United Airlines is planning to sell a minority stake in its frequent flier program MileagePlus, as per sources. One of the sources said that any minority stake in the MileagePlus subsidiary was expected to represent less than 15% of the portfolio with the airlines in...
