UNITED CONTINENTAL HOLDINGS INC., THE WORLD’S LARGEST AIRLINE COMPANY, REPORTS FIRST-QUARTER RESULTS TODAY

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP April 21, 2011 13:41

UNITED CONTINENTAL HOLDINGS INC., THE WORLD’S LARGEST AIRLINE COMPANY, REPORTS FIRST-QUARTER RESULTS TODAY

United Continental shares are volatile at best and so investors will be sure to make their voices heard today. A first-quarter loss, by itself, won’t be a big surprise because that’s usually the slowest time of year for airlines. But the combination of higher fuel prices plus weak demand for travel to Japan has investors skittish about how the rest of the year is shaping up. United Continental shares have lost 16% of their value since the day before the Japan earthquake. They were down again on Wednesday, by 63 cents, or 2.9%, to $20.95 in afternoon trading.

Analysts are expecting a loss of 48 cents per share on revenue of $8.19 billion.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP April 21, 2011 13:41
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Ffinance%2Funited-continental-holdings-inc-the-world%25e2%2580%2599s-largest-airline-company-reports-first-quarter-results-today%2F"> registered </a> users can comment.