United Airlines' Hawaii Growth Could Lead to More Pain Down the Road
On Wednesday, No. 3 U.S. airline United Continental (NYSE: UAL) significantly expanded its presence in the Hawaiian market. It will operate as many as 11 extra daily roundtrips from the mainland to Hawaii, following through on a plan announced back in June. Most of these flights connect Los Angeles and San Francisco to secondary destinations within Hawaii.
In the short run, this may be a profitable move. Demand for travel to Hawaii has been strong recently, while seat supply has been roughly flat during 2017.
United Airlines recently added more flights to Hawaii. Image source: United Airlines.
Source: Fool.com
United Continental Holdings Aktie
50,54 €
-0,12 %
United Continental Holdings ist ein klarer Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 65 € für United Continental Holdings könnte der aktuelle Kurs von 50.54 € um mehr als 20% steigen.
