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Stock impact report

United Airlines is sticking with no-overhead-bin rule for its cheapest tickets [CNBC]

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: CNBC
Leslie Joseph | CNBC A United Airlines plane boarding at Newark International Airport.  Traveling in United Airlines ' cheapest seats? Pack light. The airline has no plans to follow American Airlines by allowing travelers flying in its cheapest class of service, known as basic economy, to bring a full-size carry-on that fits in the overhead bin on board, United said Wednesday. Airline executives have said these fares are offered to compete against low-cost competitors such as Spirit Airlines and that they measure the success of these bare-bones tickets by how many travelers pay the higher fare just to avoid it. These tickets generally do not allow date changes, do not come with free seat selection in advance, and travelers have to board the plane last. The way we designed basic was carefully constructed to allow us to segment our products, to allow us to compete effectively against ultra-low-cost competitors and allow our operation to Show less Read more
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