UAL
United leads airline stocks higher after forecasting positive cash flow
- United Airlines (UAL+8.9%) is the latest airline to set a
better-than-expected forecast for the current quarter.
- United says it has seen improvement in customer demand for travel and
new bookings compared to previous estimations in recent weeks.
- In what could be a huge development for the airline sector, United now
expects core cash flow for the month of March to be positive if the
current
trajectory of bookings improvement is sustained.
- SEC Form 8-K
- Sector watch: American Airlines Group (AAL+8.5%), JetBlue (JBLU+4.4%),
Hawaiian Holdings (HA+5.0%), Allegiant Travel (ALGT+3.3%), Alaska Air
Group (ALK+3.5%), Mesa Air (MESA+2.9%) and Delta Air Lines (DAL+4.4%).
- See details on Southwest's and JetBlue's improved forecast.
|Yesterday, 11:36 AM|2 Comments
United leads airline stocks higher after forecasting positive cash flow
- United Airlines (UAL+8.9%) is the latest airline to set a
better-than-expected forecast for the current quarter.
- United says it has seen improvement in customer demand for travel and
new bookings compared to previous estimations in recent weeks.
- In what could be a huge development for the airline sector, United now
expects core cash flow for the month of March to be positive if the
current
trajectory of bookings improvement is sustained.
- SEC Form 8-K
- Sector watch: American Airlines Group (AAL+8.5%), JetBlue (JBLU+4.4%),
Hawaiian Holdings (HA+5.0%), Allegiant Travel (ALGT+3.3%), Alaska Air
Group (ALK+3.5%), Mesa Air (MESA+2.9%) and Delta Air Lines (DAL+4.4%).
- See details on Southwest's and JetBlue's improved forecast.
|Yesterday, 11:36 AM|2 Comments
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