United Airlines It is the best-performing U.S. airline stock this year. It also wants to be the most profitable airline.
United Airlines stock has risen more than 80% since January 1. Delta Air Linesthe country’s most profitable airline.
United has been flying for nearly a century and is the world’s largest airline by capacity. The Chicago-based airline It has been trying to expand profits by investing heavily in wider seats and growing its network to spark interest among high-spending travelers, with routes extending beyond just resorts to places like Greenland and Mongolia.
“Our ability to offer more seats at higher prices allows us to compete affordably with low-cost carriers for basic economy travelers,” said Patrick Quayle, United’s senior vice president. “But This also allows us to compete with foreign flag carriers by offering a better product at the front of the cabin. “
United Airlines has the most international routes among U.S. airlines.
“We’re not there yet domestically. You know, we’re still third or fourth, depending on how you measure it,” said Andrew Nocella, United’s chief commercial officer. “But we think we have a lot of runway ahead of us as well. So we’ll see where we are in a few years.”
The two largest U.S. airlines are locked in an arms race for customers.
“United is now working hard to become a better airline, just as Delta has been for more than a decade,” said Henry Harteveldt, president of travel industry consultancy Atmosphere Research Group.
United is outfitting hundreds of planes with Bluetooth connectivity, new screens and, starting in 2025, free Wi-Fi provided by Space X’s Starlink.
Meanwhile, Delta has revamped its lounges, offering a dedicated lounge for long-haul business class passengers with free Wi-Fi and newer first-class seats that offer more privacy than older models.
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