Latest news with #UnitedNext
Yahoo
4 days ago
- Business
- Yahoo
Griffin Global Asset Management Announces the Delivery of Six Boeing 737 MAX 9 Aircraft to United Airlines
DUBLIN, June 12, 2025 (GLOBE NEWSWIRE) -- Griffin Global Asset Management ('Griffin') is pleased to announce that it has entered into long-term lease agreements for six new Boeing 737 MAX 9 aircraft to United Airlines. The aircraft delivered over the course of April and May 2025. 'We are thrilled to partner with United and welcome them as a new customer. These six new technology Boeing 737 MAX 9 aircraft are key to United's fleet plan and we look forward to building on our long-term partnership with the United team in the years ahead,' said Eric Hild, Senior Vice President of Marketing for Griffin Global Asset Management. 'We are pleased to work with Griffin on this transaction, as we grow our Boeing MAX 9 fleet in accordance with our United Next plan. They provide increased gauge, a great customer experience and will contribute to higher margins,' said Mike Leskinen, Chief Financial Officer of United Airlines. This transaction is consistent with United's fleet plan and aircraft delivery expectations as outlined in its 1Q25 investor update on April 15th, 2025. About Griffin Global Asset Management Griffin is a commercial aviation leasing and alternative asset management business with offices in Dublin, Ireland, Puerto Rico, and Los Angeles, CA. Griffin's team of professionals works closely with airlines, manufacturers, maintenance providers, and financiers to deliver innovative capital solutions globally. For more information visit or Investor Inquiries Media Inquiries James MoriartyHead of Investor Relationsjmoriarty@ Lauren Groomlgroom@
Yahoo
16-04-2025
- Business
- Yahoo
Why US air travel could face 'real trouble' by the end of Q3
United Airlines (UAL) stock is climbing after posting a first quarter profit and a record $13.2 billion in revenue. Boyd Group International president Mike Boyd joins Morning Brief to discuss United's forward-thinking strategy and the broader challenges facing the US air transportation system. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. United Airlines shares are on the move this morning, higher after swinging to a profit in the first quarter with revenue hitting a record high of $13.2 billion. The airline also taking an unusual approach to guidance, issuing two 2025 profit forecasts. One if the current environment remains stable, and another if the US economy enters a recession. Joining us now, we've got Mike Boyd, Boyd International Group president. Uh, great to have you here with us. So, how are you looking at the United results right now? And, and the reality of these two different results that they're forecasting to the street? Well, this is very typical of United. They're so much ahead of the curve compared to so much of the other industry because they see what's happening and they're trying to react to it. And I think this United Next program they're putting together, this is why United is going to have another good, good quarter coming up. But the real thing that they're bringing up here is we have a air transportation system in the United States that is liable to be in real trouble by the end of the third quarter, fourth quarter, start of the fourth quarter, because we have another whole sector called the ULCC sector, like, uh, Frontier and Spirit. They got way too many airplanes, they got a lot of nomad capacity, and they're going to be rumbling around. And I think United Airlines sees that, and they're getting prepared for that. Sign in to access your portfolio
Yahoo
26-03-2025
- Business
- Yahoo
I booked basic economy flights with Delta and United. They felt like 2 completely different classes.
I spent $205 on a basic economy flight with United Airlines from New York City to Denver. A few days later, I took a $175 basic economy flight with Delta from Salt Lake City to NYC. Both flights were 4 ½ hours, but they felt like different classes. As a traveler on a budget, I typically fly in basic economy. The no-frills class helps me stretch my money as far as possible, allowing me to spend more on accommodations and experiences in my destination. But booking the lowest tier of airfare on various airlines has taught me that basic economy experiences vary depending on who you fly with. I recently booked basic economy domestic flights with United and Delta for similar prices. Each ride was about 4 ½ hours, but the two bookings felt like completely different classes to me. First, I took a United Airlines flight from New York City to Denver. I flew from NYC's LaGuardia Airport to Denver International Airport with United Airlines. My $165 basic economy ticket didn't include carry-on luggage or a seat selection. I paid an additional $40 to check my bag, so, in total, I paid $205 for this flight. I arrived at the airport about an hour before 10 a.m. takeoff and got my seat assignment when I checked in. I boarded the Boeing 737-800 and headed to my seat toward the back of the plane. The flight had 166 seats and in-seat power for rows one through 21, but I couldn't access an outlet since I was seated closer toward the back. While my flight back was on Delta's Airbus A321neo, the airline says its Boeing 737-800 fleet has 160 seats, all with power outlets. I squeezed into a middle seat. My seat was between 16 and 17 inches wide with a 30-inch seat pitch. With passengers on either side of me, I felt cramped in the small space, and even at 5-foot-3, there wasn't enough leg room for comfort. The seats on Delta's Boeing 737-800 are slightly larger, with an inch wider seat pitch. United Airlines told Business Insider that a new aircraft with upgraded interiors and more overhead bin space was coming soon as part of the United Next initiative. The entertainment system left much to be desired. There was a seat-back entertainment screen in front of me with access to DirecTV. I could have used my phone to access a library of shows and movies with the United app, but I didn't want to watch on a small screen. I sampled the cable offerings, but there wasn't much to watch. The remote on my armrest was sticky, and I found it tough to push the buttons — especially when the passenger next to me was resting their arm on it. United told BI that the upgraded United Next interiors would have touchscreen entertainment systems, Bluetooth connectivity, and power outlets at every seat. Delta began refreshing its Boeing 737-800 fleet in January with more seatback entertainment options, and some are already in service. The bathroom on my United flight was clean. It had a modern faucet, too. A few days later, I flew from Salt Lake City to NYC with Delta. I booked my basic economy flight from Salt Lake City to NYC with Delta. The $175 ticket included one carry-on bag but no seat assignment. I switched flights minutes before boarding. I arrived at Salt Lake City International Airport about an hour before my original 5:35 p.m. flight to Newark Liberty International Airport in New Jersey. When I checked in, I learned I'd get my seat assignment at the gate. Once past security, I stood in line at the gate for my seat assignment. I overheard the attendant on the phone saying the flight was overbooked and another flight to John F. Kennedy International Airport was leaving 10 minutes later with plenty of empty seats. JFK is much closer to my NYC apartment than Newark, so I told the attendant I'd be happy to switch flights. She thanked me and gave me a new boarding pass for the 5:45 p.m. flight. I boarded the Airbus A321neo and made my way to the otherwise empty row. The plane, which could seat 194 passengers, had many empty seats, and I was lucky enough to land a row to myself. I immediately noticed the seats were more comfortable than on the United flight. The seats were 1 inch wider and felt cushier than the ones on United. I was also surprised that a 1-inch wider seat pitch made a huge difference in legroom. United's Airbus A321neo has a couple more rows of seats than Delta's, and the seats are a bit smaller and have one less inch of legroom. I relaxed in my seat and enjoyed the touchscreen entertainment system. The entertainment screen in front of me showed hundreds of movies and TV shows, from Blockbuster hits to independent films. I also had access to a power outlet to charge my phone. Like on the United flight, the bathroom was clean. The fixtures looked slightly less modern than those on the United flight. Delta's basic economy ultimately felt a class above United's for a lower price point. From the included carry-on bag to the more comfortable seats with additional entertainment and amenities, Delta's basic economy felt much more comfortable for $30 less. Read the original article on Business Insider
Yahoo
26-03-2025
- Business
- Yahoo
United Airlines begins construction on $177m GSE facility in Texas
United Airlines has broken ground on a new 140,000ft² Ground Service Equipment (GSE) Maintenance Facility at George Bush Intercontinental Airport (IAH) and has also inaugurated an advanced Technical Operations Training Center (TTC) in Houston, Texas, US. The new GSE Maintenance Facility, with an investment of $177m, will enhance support for United's fleet of more than 1,800 ground service vehicles. Set to open in 2027, the facility will provide the company's maintenance team, comprising more than 130 employees, with resources for essential tasks such as battery charging, metal fabrication, and electronic controls monitoring. The facility aims for Leadership in Energy and Environmental Design (LEED) Silver certification, boasting a 25% increase in repair space, 60% more shop space, 80% added storage capacity, and 50% more shared spaces compared to the current 40-year-old facility. Alongside this GSE facility, the new $16m TTC will facilitate the integration of new aircraft into United's fleet by 2032. The 91,000ft² centre features sheet metal and composite training shops, desktop simulators, and specialised engine maintenance and inspection training areas. Additionally, the TTC comprises a $6.3m Move Team Facility that will centralise the operations of more than 15 Super Tugs, crucial for moving aircraft across the airfield. These investments are part of United's 'United Next' strategy aimed at supporting the airline's growth. The strategy includes transforming the customer experience by introducing more than 500 new narrow-body aircraft, increasing seats per domestic departure by nearly 30%, reducing carbon emissions per seat, and creating thousands of unionised jobs by 2026. United Airlines Airport Operations vice-president Phil Griffith said: "At United, we believe that investing in our people and our facilities is the key to maintaining our leadership in the aviation industry. "With these new facilities, Ground Service Equipment Maintenance Facility and the Technical Operations Training Center, we are enhancing our ability to maintain a world-class fleet while empowering our employees with cutting-edge tools and training. This investment reflects our long-term vision for Houston as a critical hub for United's operations and our commitment to sustainability, efficiency, and growth." These investments also follow the launch of the Terminal B renovation and expansion project by United. Expected to be completed in 2026, this initiative will introduce 40 gates designed for larger aircraft, thereby enhancing capacity by 40% for passengers flying both domestically and internationally from IAH. In May 2024, Granite secured an $89m subcontract to support the Terminal B renovation programme. "United Airlines begins construction on $177m GSE facility in Texas" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
