56 stories mentioning UALUpdated 1d ago
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Brett J Hart, President, on July 25, 2026, sold 30,108 shares in United Airlines Holdings (UAL) for $3,634,638. Following the Form 4 filing with the SEC, Hart has control over a total of 364,122 common shares of the company, with 364,122 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/100517/000010051726000157/xslF345X05/wk-form4_1785284905.xml
Andrew P Nocella, Executive Vice President and Chief Commercial Officer, on July 25, 2026, sold 4,200 shares in United Airlines Holdings (UAL) for $506,016. Following the Form 4 filing with the SEC, Nocella has control over a total of 222,955 shares of the company, with 222,955 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/100517/000010051726000159/xslF345X05/wk-form4_1785284919.xml
Torbjorn J Enqvist, Executive Vice President and Chief Operations Officer, on July 24, 2026, sold 20,000 shares in United Airlines Holdings (UAL) for $2,398,200. Following the Form 4 filing with the SEC, Enqvist has control over a total of 129,946 common shares of the company, with 129,946 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/100517/000010051726000160/xslF345X05/wk-form4_1785284927.xml
The Dow Jones Industrial Average was up, while the S&P 500 and Nasdaq Composite were down in late-morning trading Monday, as oil prices fell amid a pause in the hostilities between US and Iran over the weekend.In company news, Nvidia (NVDA) has agreed to expand its partnership with South Korean conglomerate SK Group with a more than $500 billion artificial intelligence infrastructure initiative. The deal announced Saturday includes a long-term partnership between Nvidia and SK Hynix (SKHY) that will provide the US technology giant a stable supply of next-generation AI memory. They will also jointly co-develop next-generation AI memory solutions that include high-bandwidth memory chips intended for AI training, AI agents and physical AI applications. Nvidia shares were down 5.1% around midday, while SK Hynix shares were down 8.8%.Further, Nvidia is in talks to provide a roughly $250 billion financial backstop for Microsoft (MSFT)-backed OpenAI as part of a massive data center project in southern Ohio that could cost more than $500 billion, The Wall Street Journal reported Sunday, citing unnamed sources familiar with the matter. The guarantees would help OpenAI secure financing to lease a 10-gigawatt campus being developed by SoftBank-owned SB Energy. Nvidia is also discussing financing for up to $350 billion in AI chip purchases, according to the report.AstraZeneca (AZN) reported Q2 core earnings Monday of $2.63 per diluted share, up from $2.17 a year earlier and above the FactSet consensus analyst estimate of $2.49. Q2 revenue was $15.38 billion, up from $14.46 billion a year ago and below the FactSet consensus of $15.43 billion. For 2026, the company continues to expect core EPS to rise by a low double-digit percentage and revenue to grow by a mid-to-high single-digit percentage. Analysts are looking for $10.24 and $63.18 billion, respectively. The company also raised its interim dividend by 3 cents to $1.06 per share. AstraZeneca shares were up 1.2%.United Airlines (UAL) pitched a merger deal to Delta Air Lines (DAL) last year, but the talks fizzled out without a deal after Delta declined to pursue the proposal, The Wall Street Journal reported Sunday, citing sources familiar with the matter. Sources told the news outlet that discussions reached preliminary due diligence, where Delta Air Lines management assessed the potential merger. The proposal came before President Donald Trump's return to office, when companies anticipated a more favorable regulatory backdrop for major mergers, according to the report. United Airlines shares were up 1%, while Delta Air Lines shares were up 1.5%.Baker Hughes (BKR) reported Q2 adjusted earnings Sunday of $0.64 per diluted share, up from $0.63 a year earlier and above the FactSet consensus analyst estimate of $0.49. Q2 revenue was $6.74 billion, down from $6.91 billion a year ago and above the FactSet consensus of $6.51 billion. Baker Hughes also maintained its quarterly dividend at $0.23 per share, payable on Aug. 17 to holders of record on Aug. 7. Further, the company said that its total orders stood at $10.50 billion in Q2, a 49% jump from $7.03 billion a year earlier, as orders under the industrial and energy technology segment doubled. Segment orders in the quarter surged year over year to $7.09 billion from $3.53 billion, led by the gas technology product line. Segment revenue also steadied at $3.29 billion, data showed. Baker Hughes shares were up 5.8%.DeepSeek has suspended its second fundraising round after informing some prospective investors that investment agreements would not be signed as expected, Bloomberg reported Saturday, citing people familiar with the matter. The pause followed viral online posts widely attributed to founder Liang Wenfeng about US-China artificial intelligence competition. Bloomberg could not verify the authenticity of the posts. DeepSeek had been seeking to raise at least 10 billion yuan at a pre-money valuation of at least 480 billion yuan and is preparing for an initial public offering that could be filed as early as this year, according to the report.Price: $196.23, Change: $-10.61, Percent Change: -5.13%
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.9%, and the actively traded Invesco QQQ Trust (QQQ) advanced 1.4% in Monday's premarket activity, as oil prices fell amid hopes of a US-Iran truce.US stock futures were also higher, with S&P 500 Index futures up 0.9%, Dow Jones Industrial Average futures advancing 1.2%, and Nasdaq futures gaining 1.4% before the start of regular trading.New orders for US durable goods rose by 0.3% in June following a decline of 4.0% in May, compared with the expectations for a larger increase of 1.8% in a survey compiled by Bloomberg.The Dallas Federal Reserve's manufacturing index for July will be released at 10:30 am ET.In premarket action, bitcoin was up by 0.6%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.5% higher, Ether ETF (EETH) rose 5.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) retreated marginally by 0.01%.Power Play:EnergyThe iShares US Energy ETF (IYE) declined by 2.1%, while the State Street Energy Select Sector SPDR ETF (XLE) fell 2.6%.TotalEnergies (TTE) stock was down more than 3% before market open after the company said it has decided to appeal a June 25 ruling by the Paris Judicial Court in a climate-related duty-of-vigilance case.Winners and Losers:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.9%, the Vanguard Industrials Index Fund (VIS) gained 0.8%, and the iShares US Industrials ETF (IYJ) was 0.3% higher.United Airlines (UAL) stock was up more than 3%, while Delta Air Lines (DAL) shares rose 2.7% before the opening bell, a day after The Wall Street Journal reported that United pitched a merger deal to Delta last year, but the talks fizzled out without a deal after Delta declined to pursue the proposal.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.8%. Direxion Daily Financial Bull 3X Shares (FAS) was up 1.8%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 2.2% lower.Northern Trust (NTRS) shares traded up 2% in early hours activity after the company said it has been selected to provide fund administration and related services to alternative asset manager Dawson Partners.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 1.6%, the iShares US Technology ETF (IYW) was 1.6% higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.2%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) gained 2.6%, while the iShares Semiconductor ETF (SOXX) rose by 2.2%.Broadcom (AVGO) shares were up more than 2% in premarket activity after the company and Samsung Electronics said they signed a memorandum of understanding to expand their strategic collaboration across memory and foundry technologies to support next-generation artificial intelligence infrastructure.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.6%, the Vanguard Health Care Index Fund (VHT) was up 1.6%, while the iShares US Healthcare ETF (IYH) slipped 0.01%. The iShares Biotechnology ETF (IBB) was 0.5% higher.AstraZeneca (AZN) stock was up 1% premarket after the company reported higher Q2 core earnings and revenue.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.1%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) advanced 0.1%, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rose 1.1%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 1.2% higher.Toyota Motor (TM) shares were up more than 1% pre-bell after the company said it signed a binding agreement with Volvo Group and Daimler Truck to acquire a one-third stake in fuel-cell joint venture cellcentric.CommoditiesFront-month US West Texas Intermediate crude oil declined by 5.7% to $84.24 per barrel on the New York Mercantile Exchange. Natural gas was down by 3.1% to $2.80 per 1 million British Thermal Units. The United States Oil Fund (USO) was down 6.2%, while the United States Natural Gas Fund (UNG) was 3.7% lower.Gold futures for November gained 0.7% to $4,156.50 an ounce on the Comex. Silver futures were up 0.8% to $59.35 an ounce. SPDR Gold Shares (GLD) increased 0.7%, and the iShares Silver Trust (SLV) was 1.3% higher.
J Scott Kirby, Director, Chief Executive Officer, on July 21, 2026, sold 159,321 shares in United Airlines Holdings (UAL) for $18,807,047. Following the Form 4 filing with the SEC, Kirby has control over a total of 810,851 common shares of the company, with 797,851 shares held directly and 13,000 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/100517/000010051726000142/xslF345X05/wk-form4_1784682988.xml
Consumer stocks were higher late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) gaining 2.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.3%.In corporate news, Verizon Communications (VZ) will sell 274 company-owned retail locations as part of its restructuring efforts, which is expected to impact 3,000 employees, multiple media outlets reported Thursday. Verizon shares rose 2.5%.Uber (UBER) said Thursday it has signed a merger agreement with Delivery Hero in a deal with an equity value of $14.8 billion, or $13.7 billion adjusted for Uber's prior stake purchases. Uber shares were up 1%.United Airlines (UAL) raised the low end of its full-year earnings outlook and reported upbeat Q2 results, but the air carrier warned that rising oil prices are expected to add nearly $6 billion to its fuel costs this year. Its shares fell 2.4%.Honda (HMC) informed its US dealers on Thursday that it's halting production of the Honda Prologue, the last electric vehicle in its US lineup, Bloomberg reported, citing an interview with Lance Woelfer, the company's head of US sales operations. Separately, Honda plans to begin production of its UC3 electric motorcycle in Vietnam as early as September, shifting manufacturing from Thailand as it looks to capitalize on growing demand for electric two-wheelers in the country, Nikkei reported Thursday. Honda shares were up 2.9%.
United Airlines (UAL) has an average rating of buy and mean price target of $156.65, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $118.21, Change: $-2.76, Percent Change: -2.28%
United Airlines (UAL) has an average rating of buy and mean price target of $156.65, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $118.86, Change: $-2.11, Percent Change: -1.74%
Consumer stocks were higher Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) gaining 2.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.4%.In corporate news, Uber (UBER) said Thursday it has signed a merger agreement with Delivery Hero in a deal with an equity value of $14.8 billion, or $13.7 billion adjusted for Uber's prior stake purchases. Uber shares were up 1.2%.United Airlines (UAL) raised the low end of its full-year earnings outlook and reported upbeat Q2 results, but the air carrier warned that rising oil prices are expected to add nearly $6 billion to its fuel costs this year. Its shares fell 2%.Honda (HMC) plans to begin production of its UC3 electric motorcycle in Vietnam as early as September, shifting manufacturing from Thailand as it looks to capitalize on growing demand for electric two-wheelers in the country, Nikkei reported Thursday. Honda shares rose 3.1%.XPeng (XPEV) shares climbed 3.1% in Thursday afternoon activity, a day after The Wall Street Journal, citing unnamed sources, reported that the Chinese EV maker plans to launch its IRON humanoid robot globally next year, with monthly production capacity expected to exceed 1,000 units by the end of this year.
United Airlines' (UAL) outlook for Q3 and Q4 total revenue per available seat mile, or TRASM, likely reflects continued strong demand, UBS Securities said in a note emailed Thursday.The company estimates Q3 and Q4 TRASM to exceed Q2's 12.1% level, UBS said, noting an implied Q3 TRASM of about 15% at mid-point as United Airlines sees demand strength through July. United Airlines' fuel assumptions also allows for upside in the coming periods, the investment firm added.UBS also noted strong Q2 passenger revenue per available seat mile across the company's geographic distribution and solid cost control during the period despite headwinds from its labor deal with flight attendants.UBS maintained its buy rating and $153 price target on United Airlines.Price: $117.75, Change: $-3.22, Percent Change: -2.66%
US equity markets were mostly tracking in the red before the opening bell Thursday as traders await the latest round of earnings and the June retail sales report.The S&P 500 edged down 0.1% and the Nasdaq was off 0.5% in premarket activity, while the Dow Jones Industrial Average rose 0.2%. The three main indexes finished Wednesday trading higher for the second consecutive session.UnitedHealth (UNH), GE Aerospace (GE), Abbott Laboratories (ABT), Prologis (PLD), US Bancorp (USB), State Street (STT) and Citizens Financial (CFG) are expected to report their latest financial results before the bell, among others. Streaming giant Netflix (NFLX) posts its earnings after the markets close.Taiwan Semiconductor Manufacturing's (TSM) US-listed shares declined 3.9% pre-bell after the semiconductor manufacturer reported its second-quarter results. United Airlines (UAL) was down 2.3% as the air carrier flagged an additional $6 billion in fuel costs for 2026 amid rising oil prices.J.B. Hunt Transport Services (JBHT) jumped 6.4% as the transportation and logistics company's second-quarter results topped market estimates. Apple (AAPL) added 0.2% after finishing Wednesday with a 4% gain amid media reports that the iPhone maker has held talks with bankers in recent months about possible acquisitions of chip companies.Last month's retail sales report is out at 8:30 am ET.Government data showed Wednesday that producer prices unexpectedly dropped on a monthly basis in June amid a steep decline in the cost of energy products. Earlier in the week, an official report showed that consumer prices decreased last month for the first time in more than six years."While still nominally elevated at a dangerously high level, the relative improvement in inflation in June emboldens the more dovish argument that price pressures are already cooling and could retreat further into year-end as the lingering impact from tariffs falls off and energy prices potentially normalize amid -- still tentative -- but ongoing, US-Iran peace negotiations," Stifel said in a note Wednesday.US Treasury yields were up in premarket action, with the two-year rate increasing 3.2 basis points to 4.16% and the 10-year rate adding 2.8 basis points to 4.57%.Thursday's economic calendar also has the weekly jobless claims bulletin at 8:30 am, along with the Philadelphia Fed manufacturing index for July. The housing market index for the current month and the pending home sales index for June are both out at 10 am.Federal Reserve Vice Chair Philip Jefferson, Dallas Fed President Lorie Logan and Kansas City Fed President Jeffrey Schmid are all slated to speak on Thursday.Inflation is more likely to accelerate than cool given price pressures arising from an artificial intelligence boom and major supply shocks, Fed Governor Lisa Cook said Wednesday. Separately, New York Fed President John Williams said that inflation should ease in the next few quarters as energy prices retreat.West Texas Intermediate crude oil dipped less than 0.1% to $79.59 a barrel before the open, while Brent nudged down 0.3% to $84.72.The US Central Command said Wednesday its forces disabled an unladen oil tanker attempting to transit towards an Iranian port in the Arabian Gulf. The US resumed its naval blockade on Iranian ships and ports earlier this week.A spokesperson for Iran's top military command reportedly said Thursday that it will destroy key infrastructure in the Middle East if the US follows through on President Donald Trump's threat to attack power plants and bridges in the country in case a deal isn't finalized, CNBC reported.Gold decreased 0.3% to $4,039 per troy ounce, while bitcoin fell 1.1% to $64,176.
United Airlines (UAL) raised the low end of its full-year earnings outlook and reported upbeat second-quarter results, but the air carrier warned that rising oil prices are expected to add nearly $6 billion to its fuel costs this year, sending its shares lower early Thursday.The company anticipates about $6 billion in added fuel expense for 2026 based on oil prices as of Tuesday, compared with expectations at the start of the year, it said late Wednesday. United Airlines forecasts an all-in average fuel price of about $3.69 per gallon in the ongoing three-month period.The stock was down 2.3% in the most recent premarket activity.Crude prices are rising following renewed tensions between the US and Iran, just weeks after the two countries signed a memorandum of understanding to end their war that began at the end of February.In the second quarter, fuel expense was up $2.3 billion, or 84% year over year. United Airlines said it recovered approximately half of this increase. The company expects to recover about 80% to 90% of the increase in the current quarter and all of it in the subsequent period.United Airlines now estimates adjusted earnings to be in a range of $9 to $11 per share for 2026, reflecting a higher bottom end than the previous guidance of $7. The company said it expects to be above the high end of the guidance if fuel prices return to their levels seen in early July. The current consensus on FactSet is for non-GAAP EPS of $10.47.The company's adjusted EPS fell to $1.99 in the June quarter from $3.87 the year before, but topped the Street's view for $1.91. Operating revenue climbed 16% to $17.67 billion, surpassing the average analyst estimate of $17.62 billion.Domestic passenger revenue advanced 20% to $9.51 billion, while international passenger revenue improved 11% to $6.59 billion, amid gains across the majority of regions. Cargo revenue grew 23% on a yearly basis, according to the company.Total revenue per available seat mile rose 12% year over year while capacity increased 3.5%. Cost per available seat mile grew 15.2%, while unit costs excluding fuel moved 6.1% higher. Fuel price per gallon surged 79% on a yearly basis to $4.19.Last week, Delta Air Lines (DAL) reported stronger-than-expected second-quarter results and reiterated its full-year earnings outlook.For the ongoing quarter, United Airlines anticipates adjusted EPS to come in between $2.50 and $3.50. The Street is currently looking for non-GAAP EPS of $3.50. The company expects unit revenue growth in the third and fourth quarters to exceed the pace seen in the second quarter.
(Updates with Q3 and 2026 guidance in the fifth and sixth paragraphs.)United Airlines (UAL) reported fiscal Q2 adjusted earnings late Wednesday of $1.99 per diluted share, down from $3.87 a year earlier.Analysts polled by FactSet expected $1.88.Revenue for the three months ended June 30 was $17.67 billion, up from $15.24 billion a year earlier.Analysts expected $17.62 billion.For Q3, the company expects adjusted EPS of $2.50 to $3.50. Analysts expect $3.53.For the full year 2026, the company currently expects adjusted EPS of $9.00 to $11.00. Analysts expect $10.47.
United Airlines (UAL) is likely to post Q2 earnings near the high end of its own guidance range, UBS said in a note Monday. The Q2 results are due on July 15.The report said Q2 EPS is expected at $1.91, above the market consensus of $1.86. The note also said buyside expectations are broadly aligned on unit revenue and cost metrics."We think it's possible that UAL showcases greater sequential acceleration in Atlantic," the note said, adding that United could also see positive reads from Delta Air Lines (DAL) in corporate travel and premium revenue.The report said expectations for Q3 EPS guide is $3.00 to 4.00, with a higher fuel assumption expected to push the range lower.UBS maintained its buy rating with a price target of $153.Price: $120.68, Change: $-0.48, Percent Change: -0.40%
United Airlines (UAL) said Tuesday it will introduce a new Economy Plus seating option on its Airbus A321XLR aircraft, featuring extra elbow room and a fixed shared table spanning an open middle seat.The airline expects to offer the seating option on all 50 A321XLR aircraft it has on order and is exploring offering similar seating on other aircraft types.The airline said it plans to begin domestic A321XLR flights this fall, with international service starting by early 2027.Price: $120.81, Change: $-0.35, Percent Change: -0.29%
(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures fell pre-bell Wednesday as President Donald Trump declared that the US ceasefire with Iran was "over" amid escalating hostilities in the region once again, sending oil prices soaring.Dow Jones Industrial Average futures were 0.9% lower, S&P 500 futures were down 0.6%, and Nasdaq futures were 0.8% lower.In a post on X, US Central Command said it struck 80 Iranian targets, including air defense systems and radar sites, as a response to Iran's attacks on three commercial ships transiting the Strait of Hormuz. The US also revoked a license that allowed Iran to sell oil around the world.Iran's Islamic Revolutionary Guard Corps said that they had targeted US military sites in Bahrain and Kuwait. The renewed conflict in the region has caused at least four oil and gas tankers to turn back from their attempt to pass by the waterway, according to a Reuters report citing date from Kpler and LSEG.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 4.5% at $77.45 per barrel and US West Texas Intermediate crude 4.3% higher at $73.46 per barrel.Traders await the minutes of the June 16-17 Federal Reserve policy session, the first under new chair Kevin Warsh, scheduled for release at 2pm ET.In other world markets, Japan's Nikkei closed 2.1% lower, Hong Kong's Hang Seng ended 3% higher, and China's Shanghai Composite finished 0.5% lower. Meanwhile, the UK's FTSE 100 was down 1%, and Germany's DAX index was 1.7% lower in Europe's early afternoon session.In equities, Walmart (WMT) shares rose nearly 1% after the company lowered prices on essentials and groceries, including beef, fresh produce, beverages and other products as part of a summer rollback measure, following an announcement from Trump that the retailer would lower its prices "by a lot" at his administration's request to celebrate the country's 250th birthday.The increase in oil prices boosted energy stocks in premarket activity. Exxon Mobil (XOM) shares were 1.3% higher, Chevron (CVX) stock was up 1.5%, and ConocoPhillips (COP) shares climbed 1.5%.On the losing side, airline stocks dropped on concerns over fuel costs and demand. Delta Air Lines (DAL) shares fell 2.3%, United Airlines (UAL) stock was down 2.9%, and Southwest Airlines (LUV) shares declined 2.2%.
United Airlines (UAL) has an average rating of buy and mean price target of $143.18, according to analysts polled by FactSet.Price: $134.78, Change: $-1.22, Percent Change: -0.89%
US equity indexes were mixed on Wednesday amid a decline in crude oil prices and government bond yields.* US new-home sales decelerated to a 580,000 annual rate in May from an upwardly revised 626,000 rate in April, below the 640,000 rate expected in a Bloomberg-compiled survey. Home sales were down 6.8% from May 2025.* The market composite index, which measures mortgage application volume, increased 1% in the week ended June 19. On an unadjusted basis, the index decreased 10% compared with the previous week.* August West Texas Intermediate crude oil fell $3.23 to settle at $69.99 per barrel, while August Brent crude, the global benchmark, was last seen down $3.84 at $73.24.* In an analyst note, UBS named American Airlines Group (AAL) and United Airlines Holdings (UAL) as its top picks ahead of Q2 results. United Airlines shares were up nearly 6%, among the top gainers on the S&P 500.* Blackstone (BX) is preparing to invest $30 billion in AI data centers in Japan within the next three to five years, Nikkei Asia reported, citing an interview with Chief Operating Officer Jonathan Gray. Blackstone shares were down about 6.4%, the second-worst performer on the S&P 500.
US airlines are expected to issue above-consensus earnings guidance for the third quarter, while second-quarter profit likely met expectations, UBS Securities said Tuesday in a report.Jet fuel prices have fallen about 30% in the past month, and travel demand has stayed firm even as fares rose, the report said. Fuel costs had surged on Middle East supply disruptions, and prices have since eased after the US-Iran agreement to halt fighting and reopen the Strait of Hormuz.With fuel pressure easing from a year earlier and fares higher than in the second quarter, UBS expects revenue growth to accelerate in the third quarter.While there are some unit-cost headwinds for certain carriers, "the positive revenue and fuel dynamics are driving the expected EPS upside" for the third quarter," the report said.UBS projects low-double-digit to mid-teens revenue growth for major US airlines in the second quarter, with broadly in-line earnings.Demand remained solid through the quarter, consistent with company outlooks, and jet fuel generally tracked guidance assumptions, the report said.UBS named American Airlines Group (AAL) and United Airlines Holdings (UAL) as its top picks ahead of second-quarter results. American's profitability is highly sensitive to fuel prices and should benefit from strong industry demand, while United has "meaningful earnings upside" from revenue momentum and lower fuel costs, with room for full-year guidance to move higher, the report said.UBS reiterated its buy ratings on Delta Air Lines (DAL), Southwest Airlines (LUV) and Alaska Air Group (ALK).Price: $16.13, Change: $+0.05, Percent Change: +0.31%
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