Imperial Capital Raises Price Target on United Airlines (UAL) to $65 Following 3Q Report

UPDATE: White House Aviation Call Seen as 'Non-Event' - Bloomberg, Citing Credit Suisse (AAL) (DAL) (UAL) (LUV)

(Updated - October 18, 2016 3:40 PM EDT)

(Updated - October 18, 2016 2:08 PM EDT)

Intraday weakness in Virgin America (NASDAQ: VA) Tuesday was tied to speculation about the White House's plans to hold a call to discuss airline competition today, according to Bloomberg. A few... More

United Airlines (UAL) can't give timeline for when PRASM will turn positive - Conf. Call

United Airlines (NYSE: UAL) says it can't give timeline for when PRASM will turn positive - Conf. Call

United sees glut of transatlantic flights hurting results

By Jeffrey Dastin

(Reuters) - A glut of seats on transatlantic flights may weigh on United Continental Holdings Inc's (NYSE: UAL) results through all of 2017, the president of the third largest U.S. carrier by traffic said on Tuesday.

Attacks in Europe have hurt travel demand, and a weaker sterling has dampened sales to British travelers in dollar terms, United said in a regulatory filing earlier on Tuesday.

United and other established airlines have also been forced to cut prices as Gulf carriers such as Emirates [EMIRA.UL] and budget... More

Justice Department in talks with Alaska Air on Virgin deal: sources

By Mike Stone and Diane Bartz

WASHINGTON (Reuters) - Alaska Air Group Inc (NYSE: ALK) pressed on with talks with the U.S. Justice Department to reach a deal for approval to buy Virgin America Inc (NASDAQ: VA), two people close to the matter said Monday as a deadline for the government to complete the merger review passed.

The late-stage discussions included the possibility of Alaska jettisoning part of one or more code-sharing agreements it has with larger U.S. carriers as a concession for... More

United expects low airfares and wage hikes will squeeze profit

By Jeffrey Dastin

(Reuters) - United Continental Holdings Inc (NYSE: UAL) on Monday said cheap airfares and higher wages from new contracts will squeeze its results this fall, making it difficult to be as profitable as competitors.

United, the No. 3 U.S. airline by passenger traffic, said profit fell 80 percent to $965 million in the third quarter, due to a one-time accounting gain last year related to taxes. The airline's income fell 6 percent on a pre-tax basis and topped what analysts were expecting on average, according to Thomson Reuters I/B/E/S.

United Airlines (UAL) Tops Q3 EPS by 23c

United Airlines (NYSE: UAL) reported Q3 EPS of $3.11, $0.23 better than the analyst estimate of $2.88. Revenue for the quarter came in at $9.91 billion versus the consensus estimate of $9.89 billion.

For earnings history and earnings-related data on United Airlines (UAL) click here.

Alaska Air says making 'good progress' on Virgin merger review

By Diane Bartz

WASHINGTON (Reuters) - Alaska Air Group Inc (NYSE: ALK) was making "good progress" in talks with the Justice Department on a planned merger with Virgin America Inc (NASDAQ: VA), an Alaska spokeswoman said on Friday.