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4-Traders Homepage  >  Equities  >  Nyse  >  UNITED CONTINENTAL       

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United Continental Holdings, Inc. : United Airlines Launches Daily Service From Washington To Doha

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04/30/2012 | 08:42pm CEST
BOEING 777 SERVICE VIA DUBAI INCREASES CUSTOMERS' TRAVEL OPTIONS

CHICAGO, April 30, 2012 /PRNewswire via COMTEX/ --With the departure today of flight 977, United Airlines (NYSE: UAL) will launch daily service between its Washingtonhub, DullesInternational Airport, and Doha, Qatar, via Dubai.

The extension of the existing Dubaiservice to Dohais the first of three new, previously announced United services from Washington Dulles. The airline will introduce nonstop service between DullesManchester, U.K.tomorrow, and between DullesDublin, Ireland, on June 7.

"We are delighted to add Dohato United's global route network," said James Mueller, United's vice president Atlantic & Pacific Sales. "Our customers in both the U.S. and Qatarwill benefit from increased travel opportunities and options with this new service."

United operates the Washington/Dulles-Dubai- Dohaservice with a Boeing 777 aircraft, which has a total of 269 seats - eight in United Global First, 40 in United BusinessFirst® and 221 in United Economy®, including 108 Economy Plus® seats with added legroom.

Flight Schedule

The schedule of the new daily service is as follows (all times local):

Segment

Flight no.

Departure

Arrival

Washington/Dulles-Dubai

UA976

6:22 p.m.

3:35 p.m.*

Dubai-Doha

UA976

5:20 p.m.

5:25 p.m.

Doha-Dubai

UA977

8:20 p.m.

10:25 p.m.

Dubai-Washington/Dulles

UA977

12:05 a.m.

6:30 a.m.

*Following day

Dohais the fourth city in the Gulf region United serves. With nonstop or one-stop service also to Dubai, Kuwait CityBahrainfrom Washington/Dulles, United serves more destinations in the Gulf region and Middle Eastthan any other U.S. carrier.

Onboard Products and Services

United Global First offers customers a higher level of privacy and comfort, priority airport services and personal attention. Global First amenities include flat-bed seats, featuring an Audio/Video on Demand entertainment system, laptop power, USB ports, noise-reduction headsets, additional storage compartments and a multi-course meal with complimentary wines.

United BusinessFirst® offers superior business-class service and amenities, including BusinessFirst® seats that recline 180 degrees on most aircraft, and features an Audio/Video on Demand entertainment system, laptop power, USB ports and a multi-course meal with complimentary wines.

United Economy® offers complimentary food, soft drinks, juices, tea and coffee, as well as inflight entertainment. Each seat features an adjustable headrest and personal seat-back monitor delivering a multi-channel Audio/Video on Demand inflight entertainment system.

United Economy Plus® offers extra legroom. Located near the front of the Economy cabin, the seats give the added benefit of a swifter exit from the plane upon arrival.

About United

United Airlines and United Express operate an average of 5,605 flights a day to 374 airports on six continents from our hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York/Newark, San Francisco, TokyoWashington, D.C.In 2011, United carried more traffic than any other airline in the world, and operated more than two million flights carrying 142 million passengers. United is upgrading its cabins with more flat-bed seats in first and business class and more extra-legroom economy-class seating than any other airline in North America. United operates nearly 700 mainline aircraft and has orders for more than 125 new aircraft deliveries from 2012 through 2019, including 50 Boeing 787 Dreamliners and 25 Airbus A350XWBs. United was rated the world's most admired airline on FORTUNE magazine's 2012 airline-industry list of the World's Most Admired Companies. Readers of Global Traveler magazine have voted United's MileagePlus program the best frequent flyer program for eight consecutive years. United is a founding member of Star Alliance, which provides service to 190 countries via 25 member airlines. More than 85,000 United employees reside in every U.S. state and in countries around the world. For more information, visit united.com. The common stock of United's parent, United Continental Holdings, Inc., is traded on the NYSE under the symbol UAL.

SOURCE United Continental Holdings, Inc.

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Financials ($)
Sales 2016 36 155 M
EBIT 2016 4 680 M
Net income 2016 2 444 M
Debt 2016 5 382 M
Yield 2016 -
P/E ratio 2016 7,49
P/E ratio 2017 7,93
EV / Sales 2016 0,62x
EV / Sales 2017 0,62x
Capitalization 16 917 M
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 58,7 $
Spread / Average Target 12%
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Managers
NameTitle
Oscar Munoz Chief Executive Officer & Director
J. Scott Kirby President
Robert Aaron Milton Non-Executive Chairman
Gregory L. Hart Chief Operating Officer & Executive Vice President
Andrew C. Levy Chief Financial Officer & Executive Vice President
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