We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Boeing Company (BA) - $25 value - yours FREE >>
United Airlines Holdings Inc (UAL) - $25 value - yours FREE >>
Southwest Airlines Co. (LUV) - $25 value - yours FREE >>
American Airlines Group Inc. (AAL) - $25 value - yours FREE >>
Image: Bigstock
United Airlines Suspends Boeing MAX Flights Until March 2020
United Airlines Holdings (UAL - Free Report) has once again extended the grounding period of its Boeing 737 MAX jets as uncertainty looms over the aircraft’s return to service. The carrier, which has 14 such jets in its fleet, has now suspended all flights on the Boeing 737 MAX aircraft through Mar 4, 2020. It had previously expected the aircraft to remain grounded until Jan 6.
The airline had earlier stated that the ongoing groundings are likely to induce 93 flight cancellations per day in November and 75 each in December. Absence of the jets during the busy Christmas season is expected to dent United Airlines' top line in the current year.
Earlier this month, American Airlines (AAL - Free Report) and Southwest Airlines (LUV - Free Report) extended the suspension period of the MAX aircraft through early March 2020. As the groundings began in March 2019, following two successive deadly air crashes involving this aircraft model, these carriers including United Airlines had to extend the grounding period of the controversial aircraft a number of times.
United Airlines Holdings Inc Price
United Airlines Holdings Inc price | United Airlines Holdings Inc Quote
Amid such large-scale ambiguity revolving around the aircraft’s return to service, last week, Boeing (BA - Free Report) said the Federal Aviation Administration could approve the software fixes on the plane as early as December and the agency might as well approve the fixes on the new pilot training program in January itself.
Zacks Rank
United Airlines carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>