Shares of travel-related companies, including airlines and cruise lines, rose sharply after President Donald Trump postponed planned strikes on Iran, mentioning "very good and productive" talks between the two nations. Frontier Airlines' parent company surged over 9%, United Airlines climbed nearly 5%, and Norwegian Cruise Line gained more than 6%. Car rental companies Hertz and Avis also saw notable gains. This rally helped offset earlier losses in March for many travel stocks, which had fallen by double digits amid geopolitical tensions.
United Airlines reported second-quarter earnings per share of $1.99, surpassing Wall Street estimates of $1.88, with revenue of $17.67 billion slightly above expectations. However, rising jet fuel prices, up 34% in July alone due to U.S.-Iran tension...
United Airlines is set to report its Q2 earnings with expectations of a strong performance, driven by 3% capacity growth and a 12.8% rise in unit revenue. UBS forecasts earnings per share at $1.91, above consensus, but rising jet fuel prices pose a s...
United Airlines is set to report its Q2 2026 earnings on July 15, with analysts expecting a 16% revenue increase to about $17.68 billion. Despite this top-line growth, earnings per share (EPS) are forecasted to drop by 51.2% to $1.89, though recent a...
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
United Airlines announced it will offer customers the option to pay more to keep the middle seat empty on certain rows of its Airbus A321XLR aircraft, providing extra space and comfort. This upsell feature, common in Europe as a form of short-haul bu...
