United Continental Holdings CEO Oscar Munoz's rough two-year tenure is highlighted in a disastrous earnings call.
United Continental Holdings Inc., down $8.21 to $59.78. The parent of United Airlines said that weak prices will continue the rest of this year. Textron Inc., down 47 cents to $53.10.
The cost-cutting move is aimed at encouraging travelers to buy tickets through JetBlue's own website.
DALLAS— Shares of United Airlines dropped more than 12 percent on Thursday— their biggest one-day percentage decline in eight years— after a contentious conference call that caused analysts to question whether United executives are making progress on their turnaround plan. CEO Oscar Munoz appealed for patience. Munoz was named CEO in September 2015.
The Halftime Report traders give you their final trades on four big movers: Apple, Brighthouse Financial, United Continental & Adobe.
United Continental CEO Oscar Munoz said the airline "dug ourselves in a hole" in regard to competition.
Oscar Munoz, CEO of United Continental, said the company went 28 days in the third quarter without bumping passengers.
Some of the names on the move ahead of the open.
Oscar Munoz, United Airlines CEO, discusses the airliner's quarterly results, growth strategy and new initiatives on customer service, which includes limiting bumping passengers from flights and pricing challenges in the industry.
David Vernon, Bernstein senior research analyst, breaks down United Airlines third quarter results which posted EPS of $2.22 on revenues of $9.88 billion.
See which stocks are posting big moves after the bell.
DALLAS— United Airlines' third-quarter profit fell by one-third as the carrier was rocked by hurricanes that hit its hub in Houston and other airports. A key revenue measure indicated that United is also paying for a brutal fare war with budget Spirit Airlines, a fight that is expected to drag down average prices again in the fourth quarter.
CNBC's Phil LeBeau reports on the quarterly earnings for United Airlines.
United Continental reported its earnings and revenue for the third quarter after the bell on Wednesday.
U.S. stock index futures pointed to a slightly higher open Wednesday, as investors turned their attention to new data and earnings.
CHICAGO— Chicago has officially thrown its hat in the ring with a bid for Amazon's massive second headquarters, adding to the growing competition from cities bragging about their talent pool, quality of life and cultural amenities to lure the tech giant and its promise of jobs. While some cities have creatively played up their hipness or gently ribbed Seattle...
1. Hawaiian Airlines, 93.0 percent. 2. Delta Air Lines 87.4 percent. 3. Alaska Airlines, 82.8 percent.
Mark Dunkerley said that, in the past, Hawaiian has responded well to increased competition in service to the popular vacation destination.
NEWARK, N.J.— A New Jersey man is suing United Airlines, claiming a drunken fellow passenger urinated on him as their cross-country flight was taking off. Chicago- based United Airlines said Tuesday it had not been served with the lawsuit. United's parent company is United Continental Holdings Inc..
CHICAGO— The Chicago Department of Aviation has fired two security officers involved in an incident in which a passenger was dragged off a United Airlines flight after refusing to give up his seat, the city's Office of Inspector General said in a report released Tuesday. The Office of Inspector General said in the report that as a result of the office's findings...