United Continental Holdings, Inc.’s (UAL - Free Report) wholly owned subsidiary, United Airlines, has announced plans to initiate nonstop services connecting Paine Field/Snohomish County Airport from the airline’s hubs in Denver and San Francisco.
On approval, the carrier will begin operations on Mar 31, 2019 with two daily flights from Denver and four daily services from San Francisco. Tickets on these routes are currently available for booking. Notably, United Airlines operates approximately 40 flights daily between Seattle-Tacoma International Airport and its hubs in the United States.
The newly announced service is perhaps another move by the carrier to boost its spring travel. The airline major recently revealed plans to offer customers several new domestic and international services to meet the surge in demand during the upcoming spring.
United Airlines will be ramping up services to popular tourist spots with 31 flights to 12 Caribbean islands, 28 to seven Mexican cities and 27 (including 16 flights to Costa Rica) to seven places in Central America. Additionally, the carrier will introduce three more flights, each to Guatemala and Belize. Moreover, the seasonal nonstop service between Chicago and Brownsville/South Padre Island will be extended through the end of spring in April 2019. (Read more: United Continental Arm Adds Services to Gear Up for Spring)
Zacks Rank & Key Picks
United Continental carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the airline space are Air France-KLM SA (AFLYY - Free Report) , International Consolidated Airlines Group SA (ICAGY - Free Report) and Spirit Airlines, Inc. (SAVE - Free Report) , each sporting 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 surged more than 35% and 34%, respectively, in the past six months. While the International Consolidated Airlines stock boasts an encouraging earnings history, having outshined the Zacks Consensus Estimate in three of the last four reported quarters, the average beat being 92.9%.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>