In yet another expansion initiative, United Continental Holdings’ (UAL – Free Report) wholly owned subsidiary United Airlines has announced 11 new services from its hubs in Chicago, Houston, Los Angeles and Washington, D.C.
The Chicago, IL-based airline will begin weekend operations to Colorado, Florida and Oregon. Additionally, it will introduce daily flights to Nova Scotia effective Jun 6.
From Houston, the carrier will initiate a Saturday service next summer to Durango. It is also expected to offer a daily year-round service connecting Houston with Ontario.
United Continental Holdings, Inc. Price
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United Airlines will also commence a twice-daily service between Los Angeles and Stockton from Aug 20, 2019 onward.
Further, the carrier will start a new Saturday service for summer travel between Washington Dulles and Traverse City, MI.
Tickets are currently available for United Airlines’ summer service set to begin in June 2019.
Earlier this December, the carrier reached a joint business agreement (JBA) with Copa Holdings (CPA – Free Report) and Avianca (including several of its affiliates). The JBA, on government’s approval, is anticipated to facilitate travel experience between the United States and 19 countries in Central and South America. (Read more: United Continental Arm Inks Deal to Boost Latin American Base)
Previously in November, United Airlines announced plans to boost connectivity to Germany via a new nonstop service from its Denver International Airport hub to Frankfurt. (Read more: United Continental Arm to Begin Denver-Frankfurt Service)
Zacks Rank Key Picks
United Continental carries a Zacks Rank #3 (Hold). A few better-ranked stocks in the same space are Air France-KLM (AFLYY – Free Report) and Spirit Airlines (SAVE – Free Report) , both flaunting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Air France-KLM and Spirit Airlines have rallied more than 19% and 49%, respectively, over the past six months.
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