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Stock impact report

America's Cheapest Airline Is Finally Turning the Corner [The Motley Fool]

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: The Motley Fool
The largest ultra-low-cost carrier in the United States is poised to post a strong increase in unit revenue and profit for the third quarter of 2018. Spirit Airlines ( NYSE:SAVE ) became an investor darling during its first few years as a public company. Between 2011 and 2014, big airlines like American Airlines ( NASDAQ:AAL ) and United Continental ( NYSE:UAL ) tried to increase fares as far as possible to offset high fuel costs and rising labor costs. This made it easy for Spirit to undercut the likes of American and United on price while still earning enviable margins. However, American Airlines and United Airlines now aggressively match Spirit's fares, fearing big market-share losses if they don't compete on price. Initially, low fuel prices enabled this strategy shift. More recently, the advent of basic economy fares has helped the legacy carriers offer low fares to the most price-sensitive travelers while still growing unit revenue. As a result, Show less Read more
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