United losing $1.4M every two weeks by placing unvaccinated pilots on paid leave [FOX Business Network]
United Airlines Holdings, Inc. (UAL)
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Source: FOX Business Network
United Airlines is losing over a million dollars every two weeks by keeping unvaccinated pilots on paid leave, according to court documents. In court documents filed on Oct. 22, the Chicago-based carrier argued that because of a temporary restraining order on its vaccine mandate, it has "been forced to place unvaccinated pilots on paid leave, which costs approximately $1.4 million every two weeks." United Airlines employees work at ticket counters in Terminal 1 at O'Hare International Airport in Chicago, on Oct. 14, 2020. (AP Photo/Nam Y. Huh, File / AP Newsroom) The carrier further explained that "vaccinated pilots in United's workforce refuse to risk their safety flying with unvaccinated pilots," according to the court documents. Ticker Security Last Change Change % UAL UNITED AIRLINES HOLDINGS, INC. Powered By CLICK HERE TO READ MORE ON FOX BUSINESS Earlier this month, a federal judge extended a ban on the carrier putting employees on unpaid leave for see
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- United Airlines Holdings, Inc. (NASDAQ: UAL) had its price target raised by analysts at Morgan Stanley from $75.00 to $80.00. They now have an "overweight" rating on the stock.MarketBeat
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Earnings
- 4/16/24 - Beat
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Sec Filings
- 4/17/24 - Form 10-Q
- 4/16/24 - Form 8-K
- 4/12/24 - Form ARS
- UAL's page on the SEC website