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Stock impact report

United Airlines Stock Surges 133% Year to Date: More Upside Ahead? [Yahoo! Finance]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: Yahoo! Finance
Image Source: Zacks Investment Research Given this excellent price performance, let us delve deep to unearth the reasons behind this and also find out if there is further scope for upside. Improvement in air travel demand following the end of the pandemic bodes well for United Airlines' top line. While air travel demand is particularly strong on the leisure front, business travel has also made an encouraging comeback. Owing to buoyant air-travel demand, United Airlines posted a significant year-over-year increase (5.7%) in revenues during the first nine months of 2024. This year-over-year increase in the top line was driven by 5.3% rise in passenger revenues (accounting for 90.9% of the top line). Driven by the uptick in bookings to European destinations, UAL expects to carry 25 million passengers during the holiday period, up 6% from the year-ago level. In the event of this expectation materializing, 2024 would represent the busiest holiday period yet for UAL. United Airline Show less Read more
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