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People not flying like they use to. Travel industry starting to collapse Spirit goes first .. Shares of Spirit Airlines crashed in premarket trading in New York after a Wall Street Journal report revealed that the struggling airline has been in discussions with bondholders about the possibility of filing for bankruptcy following the collapse of its merger with JetBlue Airways.
The WSJ report was published late Thursday evening.
Here's more color:
The budget carrier has also been exploring restructuring its balance sheet through an out-of-court transaction, though recent talks have been more focused on reaching an agreement with bondholders and other creditors to support a chapter 11 filing, the people said. The timing of such a filing, should it happen, wouldn't be imminent, they said.
Shares in the premarket are around $1.54, down a little more than 31%. Earlier shares tanked as much as 42%. These levels are a record low for Spirit in its 13 years of trading on the public markets.
The latest Bloomberg data shows 31.6 million shares are short, equivalent to about 29.25% of the float.
A social media shit storm is brewing for United Airlines for its insane wokeness.
United Airlines kicked a mother and her child off a plane, leaving them stranded, for misgendering one of their flight attendants.
This woke nonsense, has clearly gone to far.
You can't misgender, by using a person's biologically correct gender.... These people are are delusional.
Earnings Details 4th Quarter December 2022
Tuesday, January 17, 2023 4:00:00 PM
https://earningswhispers.com/epsdetails/ual
United Airlines Holdings (UAL) reported 4th Quarter December 2022 earnings of $2.46 per share on revenue of $12.4 billion. The consensus earnings estimate was $2.07 per share on revenue of $12.3 billion. The Earnings Whisper number was $2.31 per share. Revenue grew 51.4% on a year-over-year basis. The company said in its earnings presentation it expects first quarter earnings of $0.50 to $1.00 per share on revenue of approximately $11.34 billion. The current consensus earnings estimate is $0.10 per share on revenue of $11.21 billion for the quarter ending March 31, 2023. The company said it expects 2023 earnings of $10.00 to $12.00 per share on revenue of approximately $52.85 billion. The current consensus earnings estimate is $6.92 per share on revenue of $50.54 billion for the year ending December 31, 2023.
Positive news.
The U.S. is about to lift a nearly 20-month international travel ban. what you need to know
https://www.cnbc.com/2021/11/07/us-to-lift-international-travel-entry-ban-here-are-the-rules.html?__source=androidappshare
VACCINE MANDATE > ALL EMPLOYEES MUST BE VACCINATED.
UAL
Lets see how fast UAL goes under!
https://www.cnbc.com/2021/08/06/united-airlines-vaccine-mandate-employees.html
Can't fly without employees!
$UAL Total Debt (mrq) 35.23B United Airlines Holdings, Inc (UAL)
$UAL Total Debt (mrq) 35.23B
It will take at least a year for airlines to come back so just for get about it and wait till next year
Can someone let me know who is suing this company over their apparent past hiring practices in following all existing anti discrimination laws on the books for years now. Does this mean that they have not been following any existing laws in relation to hiring of minorities who are qualified candidates. So they are basically making that statement open in the public eye with this latest attempt at being compliant with current and old existing laws that protect potential employee candidates from discriminatory practices? I do not follow? Because of a newly found Woke Nation they now feel compelled to follow these laws that they should have been following for years now? Where are the lawyers over this fiasco here? Geez any lawyers with a brain out there.
$UAL "Tucker sounds off on United Airlines latest 'gender, racial' quota"
* * $UAL Video Chart 03-15-2021 * *
Link to Video - click here to watch the technical chart video
looking at breaking out with another bail-out from the government
$ual $50.7 v -1.35 (-2.59%)
Volume: 21,503,158 @03/05/21 7:59:51 PM EST
Why is it tanking? (I know that didn't ask when it moved up yeateday...)
$ual $44.01 ^ 0.57 (1.31%)
Volume: 8,983,497 @02/12/21 7:14:05 PM EST
$ual $42.21 v -0.38 (-0.89%)
Volume: 13,544,971 @01/22/21 7:59:40 PM EST
$ual $43.6599 v -0.9901 (-2.22%)
Volume: 12,683,975 @12/31/20 7:59:20 PM EST
$GEVO Gevo Applauds United Airlines Pledge to Include SAF in Reducing Their Greenhouse Gas Emissions by 2050 $UAL
$UAL Things Are Looking Up For Commercial Airlines
https://seekingalpha.com/article/4395220-things-are-looking-up-for-commercial-airlines
Bought UAL Puts yesterday for Jan 2022. Feel like their cash burn rate is unsustainable at this rate and coming from $17.00 mid 40’s feels very frothy.
$ual $49.16 v -0.75 (-1.50%)
Volume: 26,300,679 @12/04/20 7:59:58 PM EST
NEWS: $UAL Boeing's 737 MAX White-Tail Problem: Will Any U.S. Airlines Help?
Boeing 's (NYSE: BA) inventory of 737 MAX white tails -- jets that have been assembled but no longer have a buyer lined up -- represents a major problem for the plane maker. Most airlines have far more airplanes on order than they will need over the next few years, making it har...
In case you are interested UAL - Boeing's 737 MAX White-Tail Problem: Will Any U.S. Airlines Help?
$ual $39.8 ^ 2.95 (8.01%)
Volume: 19,849,006 @11/13/20 5:10:00 PM EST
* * $UAL Video Chart 11-09-2020 * *
Link to Video - click here to watch the technical chart video
$ual $33.76 ^ 0.19 (0.57%)
Volume: 18,795,301 @10/30/20 7:59:59 PM EDT
BREAKING NEWS: $UAL American Airlines Earnings: More Bad News
Pretty much every major airline has been hit hard by the COVID-19 pandemic this year. But in the U.S., industry laggard American Airlines (NASDAQ: AAL) has struggled more than its rivals , due to high interest and lease costs, as well as strategic missteps. American's third-...
Read the whole news UAL - American Airlines Earnings: More Bad News
Trump administration will give the airlines a bailout, giving it now would give him a boost....especially with airline personnel.
Stock will climb $4-5 dollars on the news!!
$ual $36.05 ^ 1.17 (3.35%)
Volume: 24,971 @10/07/20 6:39:44 AM EDT