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United Airlines (UAL) Forms Partnership With Virgin Australia
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United Airlines (UAL - Free Report) recently announced a new partnership with Virgin Australia Group, offering customers wider connectivity between the United States and Australia. The partnership, which is expected to commence early next year, subject to government approval, will offer enhanced benefits to UAL’s MileagePlus members and Virgin Australia’s Velocity Frequent Flyer members.
Throughout the pandemic, United Airlines had maintained its passenger service to Australia. UAL offers the maximum number of flights to Australia among all U.S. carriers, the company said.
United Airlines CEO Scott Kirby said, "The United States and Australia share a special bond and I'm especially proud that United was the only airline to maintain a vital link between these two countries throughout the pandemic."
UAL currently offers direct flights to Sydney from San Francisco, CA and Los Angeles. The carrier expects to resume its other services to Australia, including flights from Houston and direct services to Melbourne, next year.
This new partnership will offer United Airlines’ eligible premier MileagePlus members and Virgin Australia’s Velocity members priority check-in, boarding, baggage delivery and additional baggage check allowance and security clearance. It will provide customers lounge access. All of this will be in addition to the ability to earn and redeem miles on both airlines.
Zacks Rank & Key Picks
United Airlines carries a Zacks Rank #3 (Hold).
Here are some better-ranked stocks within the broader Transportation sector:
Expeditors International of Washington (EXPD - Free Report) sports a Zacks Rank #1 (Strong Buy). The company has a stellar earnings surprise history. It has outperformed the Zacks Consensus Estimate for earnings in each of the preceding four quarters, the average surprise being 29.1%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Expeditors have appreciated more than 42% so far this year.
Schneider National (SNDR - Free Report) carries a Zacks Rank #1. The company’s earnings have outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 21%.
Shares of Schneider National have rallied more than 27% so far this year.
ArcBest Corporation (ARCB - Free Report) flaunts a Zacks Rank #1. The company’s earnings have trumped the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 27.4%.
Shares of ArcBest have surged more than 100% so far this year.
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United Airlines (UAL) Forms Partnership With Virgin Australia
United Airlines (UAL - Free Report) recently announced a new partnership with Virgin Australia Group, offering customers wider connectivity between the United States and Australia. The partnership, which is expected to commence early next year, subject to government approval, will offer enhanced benefits to UAL’s MileagePlus members and Virgin Australia’s Velocity Frequent Flyer members.
Throughout the pandemic, United Airlines had maintained its passenger service to Australia. UAL offers the maximum number of flights to Australia among all U.S. carriers, the company said.
United Airlines CEO Scott Kirby said, "The United States and Australia share a special bond and I'm especially proud that United was the only airline to maintain a vital link between these two countries throughout the pandemic."
United Airlines Holdings Inc Price
United Airlines Holdings Inc price | United Airlines Holdings Inc Quote
UAL currently offers direct flights to Sydney from San Francisco, CA and Los Angeles. The carrier expects to resume its other services to Australia, including flights from Houston and direct services to Melbourne, next year.
This new partnership will offer United Airlines’ eligible premier MileagePlus members and Virgin Australia’s Velocity members priority check-in, boarding, baggage delivery and additional baggage check allowance and security clearance. It will provide customers lounge access. All of this will be in addition to the ability to earn and redeem miles on both airlines.
Zacks Rank & Key Picks
United Airlines carries a Zacks Rank #3 (Hold).
Here are some better-ranked stocks within the broader Transportation sector:
Expeditors International of Washington (EXPD - Free Report) sports a Zacks Rank #1 (Strong Buy). The company has a stellar earnings surprise history. It has outperformed the Zacks Consensus Estimate for earnings in each of the preceding four quarters, the average surprise being 29.1%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Expeditors have appreciated more than 42% so far this year.
Schneider National (SNDR - Free Report) carries a Zacks Rank #1. The company’s earnings have outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 21%.
Shares of Schneider National have rallied more than 27% so far this year.
ArcBest Corporation (ARCB - Free Report) flaunts a Zacks Rank #1. The company’s earnings have trumped the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 27.4%.
Shares of ArcBest have surged more than 100% so far this year.