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The fund could have an advisory board that for the scholars to use as a resource in managing the portfolio. Embark on a profession in finance and reap the rewards of a fulfilling, versatile career. A career as a monetary analyst, worldwide funding banker, actual estate executive, or wealth manager starts with a powerful foundation like the one provided here on the Fox School of Business. A degree in finance … Read More

Why Delta’s Results Bode Ill for United Airlines

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A United Airlines plane at Chicago O’Hare International Airport.


Daniel Slim/AFP via Getty Images


United Airlines

Holdings is scheduled to report third-quarter results after the market closes on Wednesday. If

Delta Air Lines

’ results are an omen, United may have a tough time meeting Wall Street estimates.

Delta (ticker: DAL) missed forecasts for revenue and earnings in the quarter, racking up a $2.6 billion pretax loss, as

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Wizz Air Abu Dhabi aborts October launch amid travel restrictions | United Arab Emirates | Aviation

Wizz Air Abu Dhabi has delayed its 1 October launch date because of travel restrictions associated with the coronavirus pandemic.

The UAE’s sixth low-cost carrier was set to shake up the market with its maiden flight on Thursday but the airline has confirmed to The National that the first flight will been postponed until 15 November.

The airline told the newspaper that it had made the decision to delay its

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Two Latin nations re-open, United to China; TAP, Hawaii flights

In route news, United plans to revive some transpacific passenger service from San Francisco and add more flights to Florida, the Caribbean and Latin America; Two new Latin American countries open to Americans, American will bring back Beijing service to that city’s new airport; TAP returns to SFO and Qatar Airways is coming soon; Southwest is resuming Bay Area-Hawaii routes and adding new Oakland-Palm Springs flights; a luxury small jet … Read More

United Airlines and JetBlue could soar nearly 50% on upgraded outlooks for ample cash through 2022, JPMorgan says



a large passenger jet flying through a blue sky: Markus Mainka / Shutterstock.com


© Markus Mainka / Shutterstock.com
Markus Mainka / Shutterstock.com

  • Airline stocks are set to soar despite expectations of lower passenger demand over the next year, JPMorgan said in a note on Wednesday.
  • Specifically, United Airlines and JetBlue could both jump nearly 50% from Tuesday’s close if the airline companies have enough cash to make it through the economic decline caused by the COVID-19 pandemic, JPMorgan said.
  • JPMorgan upgraded both United
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United to resume flights to more leisure destinations in November | News

United will resume 40 international routes in November, including many to leisure and beach destinations in Hawaii, Mexico, and the Caribbean.

The Chicago-based carrier says on 2 October it is attempting to benefit from an increase in leisure demand, as business travel remains particularly depressed amid the coronavirus pandemic.

United_Denver

“For the month of November, we have adjusted our capacity to add flying for leisure travel to warm weather and beach

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United Airlines and JetBlue will soar nearly 50% on upgraded outlooks for ample cash through 2022, JPMorgan says


  • Airline stocks are set to soar despite estimates of lower passenger demand over the next year, JPMorgan said in a note on Wednesday.
  • Specifically, United Airlines and JetBlue could both jump nearly 50% from Tuesday’s close as the airline companies have enough cash to make it through the economic decline caused by COVID-19.
  • JPMorgan upgraded both United Airlines and JetBlue to “overweight” with a price
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Buy JetBlue and United Stocks, Analyst Says, Looking Beyond 2021

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J.P. Morgan analyst Jamie Baker bumped up JetBlue Airways from Underweight to Overweight, with a $17 price target.


Christian Petersen/Getty Images

J.P. Morgan and Cowen are sounding more bearish on a recovery in air travel as the industry heads into a tough earnings season.

J.P. Morgan analyst Jamie Baker cut his 2021 revenue forecasts for the major carriers, reflecting a “more conservative demand trajectory.” He now expects revenue

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Thousands of United and American airline workers furloughed

With air travel shutting down this March, and only just barely starting to bounce back this summer, the airline industry has been hit hard by the COVID-19 pandemic. According to the industry group Airlines for America, air travel is down 70 percent from pre-COVID times. This spring, airlines struck a deal with Congress that, in exchange for billions of dollars in payroll assistance, they wouldn’t lay off employees. At that

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United CEO sees low air travel until a widely available vaccine

Some sectors of the economy may be able to bounce back before a coronavirus vaccine is widely distributed, Kirby said, but the aviation industry is not one of them. Without an extension of funds for airlines in March’s CARES Act by Oct. 1, Kirby predicted about 16,000 layoffs at his company.

The airline chief said international travel, which represents half of United’s revenue, is still badly lagging and that business

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Exclusive: Hilton returns to Abu Dhabi with the city’s first Conrad Hotels & Resorts | United Arab Emirates | Hospitality

Conrad Abu Dhabi Etihad Towers will start welcoming guests from October 1.

The luxury brand will replace Jumeirah as operators of the iconic towers, following the signing of a management agreement between Hilton and HH Sheikh Suroor Bin Mohammed Al Nahyan.

It is the first of Hilton’s luxury portfolio to operate in the capital.

Jochem-Jan Sleiffer, Hilton’s president for the Middle East, Africa and Turkey, said, “Abu Dhabi is a

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United Airlines is adding, restoring leisure travel routes for October

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Delta Air Lines, American Airlines and Alaska Airlines have all joined United Airlines in ditching change fees for flights within the U.S.

USA TODAY

United Airlines announced Friday that it plans to add and restore routes to its October schedule. The new and returning routes mean the Chicago-based airline will fly 46% of last October’s domestic schedule, an 8% increase over September.

The airline will restore eight Hawaii routes,

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Luxury hoteliers believe worst of pandemic is over, finds report | United Arab Emirates | Hospitality

More than half of luxury hoteliers surveyed by Forbes believe the worst of the pandemic is over, as the industry begins to pick up around the globe.

In Forbes Travel Guide’s second global survey, 418 global hoteliers chimed in on their performance and feelings amid the coronavirus from August 26 to September 2.

It found 54 percent of respondents thought the worst of the crisis is over, though on a

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United Airlines Cuts Flight Capacity. It’s a Bad Sign for Fall Air Travel.

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Justin Sullivan/Getty Images

Demand for air travel is going from bad to slightly worse, according to

United Airlines Holdings,

which warned investors on Wednesday that its near-term outlook had deteriorated.

United (ticker: UAL) said in a filing that its scheduled flight capacity in the third quarter would be down 70% year over year, compared with the 65% decrease that it previously forecast. The airline expects passenger revenue

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United, American To Cut More Than 32,000 Jobs After Relief Package Talks Fail

KEY POINTS

  • American to furlough 19,000 workers, United to cut 13,000 jobs 
  • Both airlines prepared to recall workers if a deal is reached
  • Airlines would receive $25 billion as pay support in new relief package

More than 32,000 employees from United Airlines and American Airlines will be furloughed from Thursday as talks in Washington about a new coronavirus relief package failed.

American will furlough 19,000 workers, 14% of its pre-COVID19

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Houston airline attendant makes emotional final arrival announcement after losing job from United furloughs

HOUSTON, Texas (KTRK) — Thousands of airline workers lost their job Thursday, but experts say passengers may not notice an immediate impact to flights, or price.

Justin Hanna got on the microphone like he’s done countless times before Thursday to welcome passengers to Houston. But for the flight attendant, the announcement was one he dreaded.

Hanna let the passengers know this was his final flight.

“I actually just turned my

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United Airlines Plans to Increase Service on More than 40 Caribbean and Mexican Beach Routes in November

CHICAGO, Oct. 2, 2020 /PRNewswire/ — United Airlines today announced it plans to resume service on nearly 30 international routes in November, including flights to cities in Asia, Europe, and South America. Additionally, the airline continues to strategically rebuild its domestic and international network by offering customers service to popular leisure destinations in the Caribbean, Hawaii, Central America and Mexico. Even with these

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JetBlue and United Airlines Add New Routes Despite COVID-19

COVID-19 caused air travel demand to shrivel up in 2020, forcing airlines to take a hatchet to their flight schedules. Despite these weak market conditions — TSA checkpoint screenings have consistently been down more than 60% year over year, even during the peak summer season — airlines haven’t given up on new routes. In fact, some carriers seem to view the pandemic as an opportunity to experiment. JetBlue Airways (NASDAQ:

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Interactive Map from United Shows COVID Travel Restrictions

Illustration for article titled Stay Up-to-Date on COVID Travel Restrictions With This Interactive Map

Photo: NextNewMedia (Shutterstock)

Since the beginning of the COVID-19 pandemic, travel has been a complete mess. Given that travel restrictions are an important part of containing the spread of infectious disease, this makes sense. And at first, most people did stay put, avoiding air travel and remaining in their homes (or second homes).

But soon after that, a quick scroll through Instagram would show people on vacation

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United Airlines to start laying off up to 16,000 workers on Oct 1



a large passenger jet sitting on top of a tarmac at an airport: MailOnline logo


© Provided by Daily Mail
MailOnline logo

United Airlines said Wednesday it plans to lay off up to 16,000 workers starting in October amid a prolonged industry downturn due to the coronavirus.

The big US carrier, which had previously said as many as 36,000 workers could be terminated, said early retirement and other programs had lessened the need for even deeper cuts, but the ‘devastating’ impact of COVID-19 on airline

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