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United Airlines to Restart San Francisco-Shanghai Service
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United Airlines Holdings Inc (UAL - Free Report) plans to resume services to China, following a temporary suspension of services to the nation amid coronavirus concerns.
Effective Jul 8, the carrier will re-start its China services with twice-weekly flights between San Francisco and Shanghai's Pudong International Airport via Seoul's Incheon International Airport. The Chicago, IL-based airline will utilize the Boeing 777-300ER aircraft to operate the route on Wednesdays and Saturdays.
United Airlines, carrying a Zacks Rank #3 (Hold), operated five daily flights to Shanghai from its hubs in San Francisco, Los Angeles, Chicago and New York/Newark, prior to coronavirus-related flights suspensions in February. Notably, the carrier has served Shanghai for more than 30 years.
Besides restarting service to Shanghai, the airline will reinstate service between Chicago and Tokyo, adding new service to Tokyo's Haneda Airport, in July. It will also resume services to Seoul and Hong Kong.
Some of the measures United Airlines is taking to ensure a safe journey for passengers amid the current situation include enhanced aircraft sanitization, touch-less baggage check-ins and using filters to circulate air and remove up to 99.9% of airborne particles. Customers are required to confirm they do not have symptoms of COVID-19 and should wear a mask onboard. Non-compliance to wearing a mask will lead to the customer’s travel privileges being temporarily revoked by the airline.
With easing coronavirus-led travel restrictions, U.S. airlines are restarting services to China. Last week, Delta Air Lines (DAL - Free Report) , carrying a Zacks Rank #3, resumed flights between Seattle and Shanghai-Pudong via Seoul-Incheon, operating twice a week. From July onward, it will operate flights once a week from Seattle and Detroit, also via Incheon.
The Zacks Consensus Estimate for Scorpio Tankers’ current-year earnings has been revised upward by 55% in the past 60 days.
The Zacks Consensus Estimate for Frontline’s current-year earnings has been revised 17.1% upward in the past 60 days.
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United Airlines to Restart San Francisco-Shanghai Service
United Airlines Holdings Inc (UAL - Free Report) plans to resume services to China, following a temporary suspension of services to the nation amid coronavirus concerns.
Effective Jul 8, the carrier will re-start its China services with twice-weekly flights between San Francisco and Shanghai's Pudong International Airport via Seoul's Incheon International Airport. The Chicago, IL-based airline will utilize the Boeing 777-300ER aircraft to operate the route on Wednesdays and Saturdays.
United Airlines, carrying a Zacks Rank #3 (Hold), operated five daily flights to Shanghai from its hubs in San Francisco, Los Angeles, Chicago and New York/Newark, prior to coronavirus-related flights suspensions in February. Notably, the carrier has served Shanghai for more than 30 years.
United Airlines Holdings Inc Price
United Airlines Holdings Inc price | United Airlines Holdings Inc Quote
Besides restarting service to Shanghai, the airline will reinstate service between Chicago and Tokyo, adding new service to Tokyo's Haneda Airport, in July. It will also resume services to Seoul and Hong Kong.
Some of the measures United Airlines is taking to ensure a safe journey for passengers amid the current situation include enhanced aircraft sanitization, touch-less baggage check-ins and using filters to circulate air and remove up to 99.9% of airborne particles. Customers are required to confirm they do not have symptoms of COVID-19 and should wear a mask onboard. Non-compliance to wearing a mask will lead to the customer’s travel privileges being temporarily revoked by the airline.
With easing coronavirus-led travel restrictions, U.S. airlines are restarting services to China. Last week, Delta Air Lines (DAL - Free Report) , carrying a Zacks Rank #3, resumed flights between Seattle and Shanghai-Pudong via Seoul-Incheon, operating twice a week. From July onward, it will operate flights once a week from Seattle and Detroit, also via Incheon.
Key Picks
Some better-ranked stocks in the broader Transportation sector are Scorpio Tankers Inc. (STNG - Free Report) and Frontline Ltd (FRO - Free Report) , both sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Scorpio Tankers’ current-year earnings has been revised upward by 55% in the past 60 days.
The Zacks Consensus Estimate for Frontline’s current-year earnings has been revised 17.1% upward in the past 60 days.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.
See these 7 breakthrough stocks now>>