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Stock impact report

United Airlines Could Soon Resume U.S.-China Flights For Passengers [Forbes]

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: Forbes
United Airlines could announce it will soon resume passenger flights to China, which is rebounding after strong measures brought the coronavirus outbreak under control. United would likely fly between San Francisco and Shanghai Pudong.Demand is increasing for United as business resumes in China and its U.S. corporate customers re-establish supply chains. Various economic indicatorsestimateWhile U.S. airlines suspended flights to China starting in January, Chinese airlines continued to fly. Air China flew seven to nine weekly flights to the U.S. in late March but this month its schedules show it having only one flight a week, creating passenger spillover United can pickup.Chinese regulator CAAC has imposed temporary limits on international flights from local and foreign carriers in response to a growing number of so-called imported coronavirus cases as Chinese nationals return from abroad. Mainland Chinese airlines are each permitted one weekly passenger flight to a country while forei Show less Read more
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