United Airlines Holdings Option Alert: Jun 20 $80 Puts Sweep (19) near the Ask: 911 vs 4711 OI

United Airlines Holdings Option Alert: Jun 20 $80 Puts Sweep (19) near the Ask: 911 @ $6.451 vs 4711 OI; Ref=$78.51

United Airlines Holdings Option Alert: Jun 20 $80 Puts Sweep (18) above Ask!: 1003 vs 4711 OI

United Airlines Holdings Option Alert: Jun 20 $80 Puts Sweep (18) above Ask!: 1003 @ $5.71 vs 4711 OI; Ref=$79.91

United Airlines Holdings Option Alert: Sep 19 $90 Calls at the Bid: 2000 vs 5867 OI

United Airlines Holdings Option Alert: Sep 19 $90 Calls at the Bid: 2000 @ $6.6 vs 5867 OI; Ref=$79.52

United Airlines Holdings Option Alert: Jul 18 $85 Calls at the Bid: 1500 vs 910 OI

United Airlines Holdings Option Alert: Jul 18 $85 Calls at the Bid: 1500 @ $5.45 vs 910 OI; Ref=$78.99

United Airlines Holdings Bolsa (NASDAQ: UAL)

United Airlines Holdings (NASDAQ:UAL) Bolsa

United Airlines Holdings

United Continental Holdings, Inc.

United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large US peers.

United Continental

Iberia

Internationalnsolidated Airlines Group Sponsored American Depository Receipt

ICAGY

Bankinter lanza advertencia sobre IAG, recorta su precio objetivo y cambia radicalmente su recomendación de inversión.

Acciones de IAG generan dudas entre analistas: ¿riesgo inminente o ventana de oportunidad?

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¿Es el momento de comprar? Descubre las acciones con mayor potencial de alza según los analistas, incluyendo Tesla, Nvidia y más.

Acciones con mayor potencial de subida en 2025: ¿Cómo se comparan Nvidia (NVDA) y Tesla (TSLA)?

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Stanley Druckenmiller vendió todas sus acciones en Broadcom tras su alza del 100% y reforzó su inversión en grandes tecnológicas.

El nuevo giro de Druckenmiller: vende Broadcom y amplía su apuesta en tecnológicas clave

United Airlines Holdings, Inc. - Common Stock

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Shares of companies within the broader industrial sector are trading higher, supported by broad market strength, after better-than-expected nonfarm payrolls data eased concerns about an imminent economic slowdown.

United (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) and Spotify (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) today announced a first-of-its-kind collaboration that delivers an even more entertaining travel experience in the sky, with 450+ hours of content now available for free on the airline's 130,000+ seatback screens, many of which offer stunning 4K quality and Bluetooth audio compatibility.
This is the first time Spotify has offered audiobooks and video podcasts onboard an airline, allowing United flyers to enjoy more than 65+ pieces of content, including popular titles like Good Hang with Amy Poehler, The Dave Chang Show, and The Comment Section with Drew Afualo.
In addition, next year, United passengers will be able to use their personal devices to log into the Spotify app on the inflight entertainment screen. This will allow passengers to enjoy their favorite personalized content on the seatback so they can pick-up their favorite podcasts, music, and audiobooks from right where they left off.

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United Airlines And Spotify Announce Unique Collaboration

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Reuters Cites Letter Saying Major Airlines Warn New Trump Tariffs On Imported Planes, Parts Could "Dismantle" Recovering Supply Chain, Put Aviation Safety At Risk

Global

Reuters Cites Filing With Commerce Department Saying U.S. Aerospace Group Warns New Tariffs On Airplanes, Parts Could Put Supply Chain, Aviation Safety At Risk

<a href="https://www.bloomberg.com/news/articles/2025-06-02/newark-airport-flights-set-for-increase-after-reopening-runway?embedded-checkout=true">https://www.bloomberg.com/news/articles/2025-06-02/newark-airport-flights-set-for-increase-after-reopening-runway?embedded-checkout=true</a>

'Newark Airport Flights Set for Increase After Reopening Runway'- Bloomberg

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$240.00</td>
<td>$228.0K</td>
<td>6.9K</td>
<td>2.1K</td>
</tr>
<tr>
<td>SMR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$32.00</td>
<td>$27.0K</td>
<td>309</td>
<td>1.1K</td>
</tr>
<tr>
<td>RKLB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$25.00</td>
<td>$91.0K</td>
<td>11.2K</td>
<td>895</td>
</tr>
<tr>
<td>BA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$250.00</td>
<td>$62.1K</td>
<td>200</td>
<td>465</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$11.00</td>
<td>$31.6K</td>
<td>8.4K</td>
<td>369</td>
</tr>
<tr>
<td>ZIM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$19.16</td>
<td>$79.9K</td>
<td>28.3K</td>
<td>187</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$82.00</td>
<td>$36.2K</td>
<td>198</td>
<td>169</td>
</tr>
<tr>
<td>CAR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$105.00</td>
<td>$32.4K</td>
<td>300</td>
<td>19</td>
</tr>
<tr>
<td>GEV</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/18/25</td>
<td>$450.00</td>
<td>$30.8K</td>
<td>541</td>
<td>18</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$1070.00</td>
<td>$51.0K</td>
<td>0</td>
<td>6</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For GE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), we notice a put option sweep that happens to be bearish, expiring in 46 day(s) on July 18, 2025. This event was a transfer of 300 contract(s) at a $240.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $228.0K, with a price of $760.0 per contract. There were 6902 open contracts at this strike prior to today, and today 2111 contract(s) were bought and sold. 
• Regarding SMR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>), we observe a call option sweep with bullish sentiment. It expires in 74 day(s) on August 15, 2025. Parties traded 45 contract(s) at a $32.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $600.0 per contract. There were 309 open contracts at this strike prior to today, and today 1177 contract(s) were bought and sold. 
• For RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we notice a call option trade that happens to be bearish, expiring in 18 day(s) on June 20, 2025. This event was a transfer of 353 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $91.0K, with a price of $258.0 per contract. There were 11206 open contracts at this strike prior to today, and today 895 contract(s) were bought and sold. 
• For BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we notice a put option sweep that happens to be bullish, expiring in 592 day(s) on January 15, 2027. This event was a transfer of 12 contract(s) at a $250.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $62.1K, with a price of $5184.0 per contract. There were 200 open contracts at this strike prior to today, and today 465 contract(s) were bought and sold. 
• Regarding AAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), we observe a put option sweep with bullish sentiment. It expires in 109 day(s) on September 19, 2025. Parties traded 316 contract(s) at a $11.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $100.0 per contract. There were 8439 open contracts at this strike prior to today, and today 369 contract(s) were bought and sold. 
• For ZIM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>), we notice a put option sweep that happens to be bullish, expiring in 228 day(s) on January 16, 2026. This event was a transfer of 186 contract(s) at a $19.16 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $79.9K, with a price of $430.0 per contract. There were 28300 open contracts at this strike prior to today, and today 187 contract(s) were bought and sold. 
• Regarding UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we observe a call option sweep with bearish sentiment. It expires in 18 day(s) on June 20, 2025. Parties traded 139 contract(s) at a $82.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $36.2K, with a price of $261.0 per contract. There were 198 open contracts at this strike prior to today, and today 169 contract(s) were bought and sold. 
• For CAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>), we notice a put option sweep that happens to be bullish, expiring in 381 day(s) on June 18, 2026. This event was a transfer of 17 contract(s) at a $105.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $32.4K, with a price of $1910.0 per contract. There were 300 open contracts at this strike prior to today, and today 19 contract(s) were bought and sold. 
• For GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we notice a call option trade that happens to be neutral, expiring in 46 day(s) on July 18, 2025. This event was a transfer of 6 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $30.8K, with a price of $5138.0 per contract. There were 541 open contracts at this strike prior to today, and today 18 contract(s) were bought and sold. 
• For GWW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>), we notice a call option trade that happens to be bullish, expiring in 228 day(s) on January 16, 2026. This event was a transfer of 6 contract(s) at a $1070.00 strike. The total cost received by the writing party (or parties) was $51.0K, with a price of $8500.0 per contract. There were 0 open contracts at this strike prior to today, and today 6 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

RKLB

10 Industrials Stocks With Whale Alerts In Today's Session

<a href="https://www.nj.gov/governor/news/news/562025/approved/20250530b.shtml" title="https://www.nj.gov/governor/news/news/562025/approved/20250530b.shtml">https://www.nj.gov/governor/news/news/562025/approved/20250530b.shtml</a>

'Governor Murphy and the Port Authority of New York and New Jersey Announce Runway Under Rehabilitation at Newark Liberty International Airport to Reopen Monday – 13 Days Ahead of Schedule' - State Of New Jersey

Several airline companies have added <a href="https://www.benzinga.com/topic/starlink">Starlink internet service</a> to their in-flight customers, adding the popular satellite internet offering from Elon Musk's SpaceX company.
A new Benzinga reader survey shows airlines that offer Starlink on flights could have an advantage as the internet service is becoming more popular.
What Happened: Starlink is used by <a href="https://www.benzinga.com/25/02/43964680/elon-musks-starlink-expands-at-35000-feetqatar-airways-equips-50-of-its-boeing-fleet-with-high-speed-satellite-wi-fi">millions of customers </a>at their homes and businesses across more than 100 countries, as of January.
The internet service is also becoming increasingly popular in the skies with airlines signing deals to offer free internet to their passengers or charge for the premium service that could have faster speed than existing Wi-Fi services.
Benzinga recently polled readers to see how important airlines offering Starlink is for flights.
"When booking a flight, how important is Starlink being offered as an internet service in making the airline selection?" Benzinga asked.
The results were:
<ul class="wp-block-list">
<li>Somewhat important, but not the most important booking determination: 43%</li>
<li>Not important, not a factor: 36%</li>
<li>Very important, won't fly without: 21%</li>
</ul>
The poll shows that 64% of readers said Starlink being on flights is somewhat important or very important and could be a determining factor in booking airlines.
Around one-third (36%) said that Starlink is not important and not a factor, a figure that could decline as more passengers experience Starlink internet and increased speeds over time.
You may not be a billionaire like Elon Musk, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/trading-ideas/25/05/45600269/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-66">check out five stocks flying under the radar that deserve your attention.</a>
Why It's Important: SpaceX CEO Musk has suggested that Starlink will be available <a href="https://www.benzinga.com/news/23/10/35154382/musk-says-starlink-internet-could-soon-be-available-on-most-flights-but-theres-a-condition">on most flights</a> in the future, with the decision ultimately up to airline companies to carry the service.
Starlink has been used on over 55,000 flights across more than 110,000 in-flight hours and more than 55 million miles, according to the company's <a href="https://www.starlink.com/business/aviation">website</a>.
"Starlink has provided high-speed, low-latency internet on tens of thousands of flights and counting, keeping passengers connected from the moment they step onboard their aircraft and throughout their travels all around the world," the Starlink website reads.
Several airlines have announced deals with Starlink for in-flight internet services on a portion of their flights or all of their flights.
In North America, this list includes <a href="https://www.benzinga.com/25/03/44563126/united-airlines-to-launch-first-starlink-equipped-flight-in-may-faa-grants-approval">United Airlines Holdings</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), WestJet, and <a href="https://www.benzinga.com/news/24/09/41023552/hawaiin-airlines-airbus-planes-take-flight-with-starlink-internet-service-at-no-additional-cost-to-c">Hawaiian Airlines,</a> which is now owned by Alaska Air Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>).
These stocks could have an advantage based on the survey result with more and more passengers seeking out flights that have Starlink as an option. United is rolling out Starlink to more of its flights and Alaska Air Group is looking to add Starlink to other plane units outside of just the Hawaiian Airlines brand. 
In other parts of the world, the list of airlines with Starlink includes Qatar Airways, Air New Zealand, Air France and airBaltic.
Musk recently said it was "possible that Starlink may go public at some point in the future." 
But while the billionaire also said there was "no rush to go public," readers are still interested in investing in the internet company and its parent, SpaceX.
In a <a href="https://www.benzinga.com/general/space/25/05/45680115/tesla-the-best-elon-musk-company-84-say-no-these-3-rank-higher">poll of Elon Musk-related companies</a>, Benzinga readers said they would most want to invest in Starlink (27%) or SpaceX with a minority ownership stake in Starlink (27%). These two units ranked ahead of other Musk-related companies such as X/xAI (19%), Tesla Inc (16%) and others.
The study was conducted by Benzinga from May 23, 2025, through May 27, 2025. It included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 113 adults.
Photo: Below the Sky via Shutterstock

Exclusives

EXCLUSIVE: Could Airlines With Starlink See Booking Boost? What Benzinga Reader Poll Says

In a turbulent first half of 2025 for the <a href="https://www.benzinga.com/general/travel">global travel sector</a>, Goldman Sachs sees an edge for investors: &#8220;premiumization.&#8221;
From lie-flat airline seats to luxury cruise cabins and high-end hotel brands, premium travel products have shown striking resilience to macroeconomic pressures—and companies leaning into this segment are emerging <a href="https://www.benzinga.com/topic/travel-stocks">as the strongest performers.</a>
Premium travel is "increasingly driven by higher-income consumers less impacted by short-term macro volatility," said Goldman Sachs analyst Catherine O'Brien.
According to O'Brien, stocks most exposed to "premiumization" include Buy-rated Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>), Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) and Royal Caribbean Cruises Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>).
<h3 class="wp-block-heading">Airlines: Premium Demand Leads</h3>
In a note shared Thursday, O'Brien highlighted that premium cabins outperformed economy in the first quarter across all major U.S. airlines.
Delta Air Lines posted a 6.8% year-over-year increase in premium revenue in the first quarter, while its main cabin revenue declined 1.2%. United Airlines reported international Polaris cabin revenue up 8% and Premium Plus up 5%.
Alaska Air said premium accounted for 34% of total revenue, with Hawaiian routes contributing a 17% jump in high-end bookings.
Airlines like JetBlue Airways Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) and American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) echoed similar trends, with premium class outperforming main cabin across both domestic and international routes.
This shift isn't just cyclical. Airlines have introduced more segmented products—from extra legroom economy to exclusive suites—making premium more accessible while preserving upsell potential. Delta's domestic first-class load factor jumped to 75%, from just 12% fifteen years ago.
<h3 class="wp-block-heading">Hotels: Luxury RevPAR Resilience</h3>
In lodging, luxury continues to drive performance.
Marriott International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) said its luxury tier had the strongest occupancy and average daily rate (ADR) growth globally in the first quarter, while Hyatt Hotels Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) saw luxury RevPAR (revenue per available room) rise over 8%.
By contrast, Choice Hotels International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHH#NYSE">CHH</a>) and Wyndham Hotels &amp; Resorts Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WH#NYSE">WH</a>), both focused on economy and midscale properties, slashed their 2025 outlooks by up to 300 basis points.
Premium hotel supply remains constrained due to higher construction costs and longer breakeven timelines, which support pricing power and margin sustainability. Growth in luxury RevPAR has led all chain scales for four straight quarters, with the first quarter of 2025 showing 7.5% year-over-year growth.
<h3 class="wp-block-heading">Cruise Lines: Premium Pricing Power</h3>
The cruise sector is also sailing toward premium. Goldman notes that Norwegian Cruise Line and Royal Caribbean Cruises have priced their newest ships at up to 60% premiums over older vessels.
For instance, Royal&#8217;s Icon of the Seas commands a 43% price premium, while NCLH's Norwegian Aqua leads with a 59% markup.
Premium cruise offerings such as "The Haven" suites on Norwegian ships continue to sell out early and achieve top customer satisfaction scores. RCL also noted that ships built after the Oasis class generate 2x the EBITDA of older ships.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/regulations/25/05/45669445/us-economy-contracts-by-02-in-q1-labor-market-shows-signs-of-cracks-as-jobless-claims-surge">US Economy Contracts By 0.2% In Q1, Labor Market Shows Signs Of Cracks As Jobless Claims Surge </a></li>
</ul>
Photo: oneinchpunch/Shutterstock

Travel

Premium Travel Demand Gives Airlines, Hotels And Cruises An Edge in 2025: Goldman Sachs

JetBlue (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) and United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) unveiled a <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45665539/jetblue-and-united-announce-blue-sky-unique-consumer-collaboration-that-links-loyalty-programs" rel="noreferrer noopener">wide-ranging partnership</a> on Thursday to expand customer benefits, loyalty rewards, and travel options across both airlines&#8217; networks.
The initiative called &#8220;Blue Sky&#8221; enables travelers to earn and redeem loyalty points across both airlines, with shared access to preferred seating, standby options, and simplified booking through each carrier&#8217;s website and app. 
The collaboration signals a notable shift in airline cooperation, focusing on convenience and cross-network integration rather than a traditional codeshare.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/05/45588734/jetblue-adds-transatlantic-routes-from-boston-but-stock-slips-heres-why" rel="noreferrer noopener">JetBlue Adds Transatlantic Routes From Boston, But Stock Slips &#8211; Here&#8217;s Why</a>
The announcement comes after <a target="_blank" href="https://www.benzinga.com/25/04/45093263/jetblue-in-talks-with-united-airlines-over-possible-partnership-report" rel="noreferrer noopener">reports</a> from late April indicated that JetBlue was in talks with United following the collapse of its previous alliance with American Airlines Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) in 2023.
JetBlue President Marty St. George had confirmed ongoing negotiations with multiple carriers during the company&#8217;s earnings call, stating an announcement was expected by the quarter&#8217;s end. JetBlue was facing financial pressures at the time, including a 3.1% drop in <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/45070298/jetblue-warns-of-weak-travel-demand-pulls-2025-outlook" rel="noreferrer noopener">first-quarter</a> revenue and a $2 million <a target="_blank" href="https://www.benzinga.com/general/travel/25/01/42791291/jetblue-fined-2-million-for-chronic-flight-delays-delta-united-rank-among-most-on-time-airlines" rel="noreferrer noopener">DOT fine</a> for chronic flight delays.
Under Blue Sky, United&#8217;s MileagePlus members will gain access to JetBlue&#8217;s domestic and Caribbean routes. At the same time, JetBlue&#8217;s TrueBlue users will be able to tap into United&#8217;s expansive international reach, including destinations like Cape Town and Tahiti. Future phases will introduce reciprocal perks such as priority check-in, baggage allowances, and extra legroom seating.
JetBlue will grant United access to seven round-trip slots at JFK Airport by 2027 as part of the deal. Additionally, the carriers will exchange eight flight slots at Newark Liberty International, expanding route flexibility.
The agreement also includes tech integration. United will migrate its ancillary travel services, hotels, rental cars, and cruises, onto JetBlue&#8217;s Paisly platform, known for its personalized, human-centered design. Meanwhile, JetBlue will begin using United&#8217;s Kinective Media system to deliver tailored in-flight advertising based on passenger travel patterns.
Although the airlines will continue to manage operations and pricing separately, they may extend select corporate travel benefits across networks. A detailed rollout of the shared loyalty benefits is expected later this year.
Related ETFs: U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>), iShares Transportation Average ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYT#BATS">IYT</a>).
Price Action: At the last check Thursday, JBLU shares were trading higher by 2.11% to $5.33 and UAL higher by 2.71% to $79.60.
Read Next:
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Photo by Coby Wayne via Shutterstock

Movers

iShares Dow Jones Transportation Average Index Fund

JETS

JetBlue, United Airlines Link Loyalty Programs With New Partnership

Guidance

Rumors

Watching United Airlines; CEO Reportedly Says Co Took A Big Drop In Leisure Demand Bookings Over Past Months; Drop In Load Factor Will Impact Bottom Line

JetBlue (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) and United (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) today announced Blue Sky: a new and unique collaboration that gives customers of both airlines even more options to find flights that fit their plans as well as new opportunities to earn and use MileagePlus&#xAE; miles and TrueBlue points across both airlines.

JetBlue and United Team Up to Expand Flight Options and Shared Rewards

It was reported on May 27, that James M Whitehurst, Board Member at United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) executed a significant insider sell, according to an SEC filing.
What Happened: Whitehurst opted to sell 1,730 shares of United Airlines Holdings, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000100517/000010051725000114//Archives/edgar/data/100517/000010051725000114/0000100517-25-000114-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The transaction's total worth stands at $129,057.
The latest market snapshot at Wednesday morning reveals United Airlines Holdings shares down by 1.3%, trading at $77.16.
<h3>Discovering United Airlines Holdings: A Closer Look</h3>
United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large US peers.
<h3>United Airlines Holdings's Financial Performance</h3>
Revenue Growth: Over the 3 months period, United Airlines Holdings showcased positive performance, achieving a revenue growth rate of 5.37% as of 31 March, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: With a high gross margin of 25.16%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): United Airlines Holdings's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 1.18.
</li>
</ul>
Debt Management: United Airlines Holdings's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.61, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: United Airlines Holdings's P/E ratio of 7.11 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.45 is lower than the industry average, implying a discounted valuation for United Airlines Holdings's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 7.04 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
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<h3>Why Insider Activity Matters in Finance</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000100517">Check Out The Full List Of United Airlines Holdings's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Board Member Of United Airlines Holdings Sold $129K In Stock

Michelle Freyre, Board Member at United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), reported an insider sell on May 27, according to a new SEC filing. 
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000100517/000010051725000120//Archives/edgar/data/100517/000010051725000120/0000100517-25-000120-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday, Freyre sold 1,730 shares of United Airlines Holdings. The total transaction value is $129,057.
In the Wednesday's morning session, United Airlines Holdings's shares are currently trading at $78.19, experiencing a up of 0.01%.
<h3>All You Need to Know About United Airlines Holdings</h3>
United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large US peers.
<h3>Understanding the Numbers: United Airlines Holdings's Finances</h3>
Positive Revenue Trend: Examining United Airlines Holdings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.37% as of 31 March, 2025, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 25.16%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): United Airlines Holdings's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 1.18.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.61, caution is advised due to increased financial risk.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 7.11 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.45, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 7.04, United Airlines Holdings's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
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<h3>Navigating the Impact of Insider Transactions on Investments</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000100517">Check Out The Full List Of United Airlines Holdings's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Board Member At United Airlines Holdings Sells $129K Of Stock

Shares of airline companies are trading higher after President Trump delayed 50% EU tariffs to July. The industry may also be experiencing a surge in strength due to a rise in travel during the Memorial Day weekend.

U.S. stocks were higher, with the Dow Jones index gaining around 500 points on Tuesday.
Shares of MAC Copper Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTAL#NYSE">MTAL</a>) rose sharply during Tuesday's session after the company announced Harmony Gold will acquire them for $1.03 billion.
MAC Copper shares jumped 19.9% to $12.17 on Tuesday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>E2open Parent Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETWO#NYSE">ETWO</a>) shares jumped 26% to $3.24 after the company announced WiseTech Global will acquire them for $2.1 billion in an all-cash deal.</li>
<li>Gyre Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GYRE#NASDAQ">GYRE</a>) gained 23% to $10.71. Gyre Therapeutics recently announced a $20 million stock offering.</li>
<li>ATS Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATS#NYSE">ATS</a>) rose 22.3% to $31.27 after the company provided fourth-quarter financial guidance.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) rose 21.2% to $5.35.</li>
<li>BigBear.ai Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) shares surged 17.8% to $4.2900.</li>
<li>CoreWeave, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) rose 17.7% to $120.97. CoreWeave appointed Carl Holshouser as Vice President, Government Affairs.</li>
<li>Redwire Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDW#NYSE">RDW</a>) gained 16.2% to $15.10. Redwire successfully delivered the onboard computer for ESA&#8217;s Comet Interceptor mission to study Pristine Comet.</li>
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) rose 15.3% to $10.51 after the company announced its expansion into Saudi Arabia.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) jumped 13% to $10.83.</li>
<li>Venture Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VG#NYSE">VG</a>) gained 12.2% to $12.78.</li>
<li>Pony AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) gained 11.8% to $19.47 after the company announced it will expand its robotaxi fleet in Dubai, following an agreement with regulators.</li>
<li>Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) rose 11.3% to $28.33.</li>
<li>V.F. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) gained 10% to $13.19.</li>
<li>Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) rose 8.4% to $39.24.</li>
<li>Brinker International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>) gained 7.2% to $165.63.</li>
<li>C3.ai, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AI#NYSE">AI</a>) rose 6.8% to $24.27.</li>
<li>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) gained 6.1% to $79.17.</li>
<li>Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>) rose 5.9% to $62.21. Jefferies analyst Trevor Williams maintained Block with a Buy and raised the price target from $60 to $70.</li>
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Intraday Update

BBAI

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ETWO

GYRE

MTAL

NVTS

PONY

SOUN

MAC Copper, ATS, Pony AI And Other Big Stocks Moving Higher On Tuesday

Investors with a lot of money to spend have taken a bearish stance on United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with UAL, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 10 uncommon options trades for United Airlines Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 60%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $105,756, and 7 are calls, for a total amount of $1,678,173.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $71.0 to $105.0 for United Airlines Holdings during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for United Airlines Holdings options trades today is 2868.22 with a total volume of 3,525.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for United Airlines Holdings's big money trades within a strike price range of $71.0 to $105.0 over the last 30 days.
<h3>United Airlines Holdings Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747857721_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$6.95</td>
<td>$6.8</td>
<td>$6.85</td>
<td>$80.00</td>
<td>$1.3M</td>
<td>970</td>
<td>2.2K</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$10.55</td>
<td>$10.35</td>
<td>$10.49</td>
<td>$80.00</td>
<td>$91.2K</td>
<td>2.1K</td>
<td>88</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$6.9</td>
<td>$6.85</td>
<td>$6.85</td>
<td>$80.00</td>
<td>$78.0K</td>
<td>970</td>
<td>218</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$1.78</td>
<td>$1.75</td>
<td>$1.75</td>
<td>$90.00</td>
<td>$43.7K</td>
<td>4.7K</td>
<td>270</td>
</tr>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/23/25</td>
<td>$11.1</td>
<td>$10.2</td>
<td>$10.85</td>
<td>$85.00</td>
<td>$37.9K</td>
<td>41</td>
<td>36</td>
</tr>
</tbody>
</table>

<h3>About United Airlines Holdings</h3>
United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large US peers.
<h3>Present Market Standing of United Airlines Holdings</h3>
<ul>
<li>Trading volume stands at 5,990,694, with UAL's price down by -1.73%, positioned at $75.01.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 56 days.</li>
</ul>
<h3>Expert Opinions on United Airlines Holdings</h3>
3 market experts have recently issued ratings for this stock, with a consensus target price of $94.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from UBS has elevated its stance to Buy, setting a new price target at $105. 
&#x2A; Maintaining their stance, an analyst from Seaport Global continues to hold a Buy rating for United Airlines Holdings, targeting a price of $89. 
&#x2A; Consistent in their evaluation, an analyst from TD Cowen keeps a Buy rating on United Airlines Holdings with a target price of $88. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for United Airlines Holdings with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Unpacking the Latest Options Trading Trends in United Airlines Holdings

Is a recession quietly taxiing down the runway? In March, airfare prices dropped 5.3% year-over-year, the sharpest decline in nearly four years, according to the<a href="https://www.bls.gov/news.release/pdf/cpi.pdf"> Bureau of Labor Statistics</a>.&nbsp;
The drop came as major U.S. airlines — including Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>), United Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), and Alaska Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) — warned of weaker-than-expected demand, spurred by economic uncertainty, stalled business travel, and global volatility.
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<h2 class="wp-block-heading">Slashed Fares, Shaky Forecasts, And A Bumpy Ride Ahead</h2>
&#8220;Like others in the industry, we&#8217;ve seen lower fare levels being booked for April and throughout the summer,&#8221; Alaska Airlines CFO Shane Tackett told Reuters in an <a href="https://www.reuters.com/business/alaska-air-pulls-its-2025-outlook-sees-weaker-profit-second-quarter-2025-04-23/">interview</a> published last month. Though he emphasized that demand hadn't collapsed, Tackett confirmed the airline had to reduce fares to keep planes full.
Robert Isom, CEO of American Airlines, echoed the concern during the company's quarterly <a href="https://americanairlines.gcs-web.com/events/event-details/q1-2025-american-airlines-group-inc-earnings-conference-call">earnings call </a>on April 24. "The economic uncertainty in the market has pressured demand and impacted America&#8217;s first-quarter results and second-quarter outlook," he told analysts, prompting the airline to pull its 2025 guidance.
Delta CEO Ed Bastian said during the company's April 9 <a href="https://s2.q4cdn.com/181345880/files/doc_earnings/2025/q1/transcript/CORRECTED-TRANSCRIPT_-Delta-Air-Lines-Inc-DAL-US-Q1-2025-Earnings-Call.pdf">earnings call</a>, highlighting measures taken in response to economic uncertainties. These include deferring aircraft deliveries and maintaining flat capacity growth for the second half of 2025. Bastian noted that corporate travel, which had been trending up 10% year-over-year at the start of 2025, has now flattened.
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Meanwhile, United Airlines took a split-scenario approach. In an <a href="https://www.sec.gov/Archives/edgar/data/319687/000010051725000013/ual_12312024erex992.htm">investor update</a> filed with the SEC in January, the airline issued two 2025 profit forecasts: one showing earnings per share between $11.50 and $13.50 if the economy holds steady, and another EPS of $7 to $9 in a recession. Starting in July, United plans to reduce domestic capacity by 4%.
This domestic softness comes at a time when business travel budgets are also tightening. <a href="https://www.wsj.com/business/airlines/business-travel-expenses-decline-trade-war-7b0ac8b4">The Wall Street Journal</a> reported that companies like Invesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>) and Meta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) are trimming non-essential travel due to cost pressures and diminished ROI from face-to-face meetings.
Despite the turbulence at home, premium and international travel segments are staying aloft. United Airlines saw a <a href="https://ir.united.com/static-files/eac79d3d-fdbc-4c6d-97f2-109769c238a8">17% jump in premium booking</a>s and 5% rise in international sales. Delta is also leaning into loyalty programs and premium cabin sales.
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Alaska Airlines CFO Flags Softening Demand As Airlines Slash Ticket Prices – 'We Have Seen Lower Fare Levels Being Booked'

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>JP Morgan analyst Puneet Jain upgraded the rating for CI&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CINT#NYSE">CINT</a>) from Neutral to Overweight and announced a $7 price target. CI&amp;T shares closed at $6.10 on Friday. <a href="https://www.benzinga.com/quote/cint/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays analyst Seth Sigman upgraded Williams-Sonoma, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSM#NYSE">WSM</a>) from Underweight to Equal-Weight and raises the price target from $131 to $166. Williams-Sonoma shares closed at $173.84 on Friday. <a href="https://www.benzinga.com/quote/wsm/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Loop Capital analyst Alan Gould upgraded the rating for Charter Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) from Hold to Buy and raised the price target from $430 to $510. Charter Communications shares closed at $427.25 on Friday. <a href="https://www.benzinga.com/quote/chtr/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS analyst Thomas Wadewitz upgraded United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) from Neutral to Buy and raised the price target from $67 to $105. United Airlines shares closed at $77.93 on Friday. <a href="https://www.benzinga.com/quote/ual/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler analyst Charles Neivert upgraded the rating for AdvanSix Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASIX#NYSE">ASIX</a>) from Neutral to Overweight and raised the price target from $26 to $32. AdvanSix shares closed at $23.48 on Friday. <a href="https://www.benzinga.com/quote/asix/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying UAL stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="610" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19080054/image-228-1024x610.png" alt="" class="wp-image-919700" style="width:656px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19080054/image-228-1024x610.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19080054/image-228-300x179.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19080054/image-228-768x458.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/19080054/image-228.png 1128w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Upgrades

Pre-Market Outlook

Analyst Ratings

ASIX

CHTR

CINT

This United Airlines Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

UBS analyst Thomas Wadewitz upgrades United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) from Neutral to Buy and raises the price target from $67 to $105.

UBS Upgrades United Airlines Holdings to Buy, Raises Price Target to $105

Press Releases

United Invests in Next Generation Blended Wing Aircraft Start-Up JetZero

Yieldstreet and Upgrade Partner to Expand Access to Consumer Credit Investing

Reimagined United Polaris® Lounge Opens in Chicago with 50% More Space and Crate & Barrel Decor

Commodities

Contracts

Air to Jet Fuel: United Announces Investment in Power-to-Liquid Fuels Company Twelve

United Unveils the Elevated Aircraft Interior: Higher Standard of Premium International Travel Includes New Business Class Suites, Caviar Service and Largest Seatback Screens in the U.S. on new 787 Dreamliners

Small Cap

Shift4 and UATP Agree to Deliver Enhanced Payment Solution to Global Travel Market

United Airlines to Present at the Bernstein 41st Annual Strategic Decisions Conference

United and Association of Flight Attendants reach agreement

JetBlue and United Announce Blue Sky: Unique Consumer Collaboration That Links Loyalty Programs

Entertainment

United and Spotify Announce Unique Collaboration: Music, Podcasts, and Audiobooks Now Available on 130,000+ Seatback Screens

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United Airlines Holdings

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Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
10:34 AMMay 09, 2025	PUT	$80.00	Jun 20, 2025	12	3581	911	76	4711	SWEEP	BEARISH
10:19 AMMay 09, 2025	PUT	$80.00	Jun 20, 2025	12	1853	1003	39	4711	SWEEP	BEARISH
12:01 PMMay 08, 2025	CALL	$90.00	Sep 19, 2025	103	2053	2000	35	5867	TRADE	BULLISH
11:09 AMMay 08, 2025	CALL	$85.00	Jul 18, 2025	40	1517	1500	167	910	TRADE	NEUTRAL