Here's Why United Airlines (UAL) Can Grace Your Portfolio
United(UAL) Zacks Investment Research·2024-03-18 22:10
United Airlines’ (UAL) strong air travel demand, buoyed by the introduction of new routes and fleet expansion, provides significant momentum. Nevertheless, UAL faces substantial challenges from high fuel and labor costs, which act as significant obstacles to its success.Factors Favoring UALUnited Airlines saw a notable 19.5% year-over-year revenue surge in 2023, fueled primarily by a 22.5% increase in passenger revenues, which comprised 92% of the total revenues.UAL marked a significant step in its journey ...