New United Club Lounge in San Diego - Analyst Blog

By Zacks Equity Research,

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United Airlines - the wholly owned subsidiary of United Continental Holdings Inc. ( UAL ) - unveiled its brand-new United Club lounge in Terminal 2 at San Diego International Airport. This is the airline's third club based on its new design concept.

The United Club lounge spreads across 5,842 square feet and hosts a number of attractions including scenic views of the airfield as well as the Point Loma seaside community. Passengers will be provided with a comfortable balcony lounge seating arrangement along with centrally located buffet and bar. Additionally, there will be complimentary snacks, beverages and Wi-Fi connectivity.

Over the last couple of months, the carrier is concentrating on redesigning its airport club rooms to offer a restful waiting time for customers. In this, United aims to invest over $50 million for renovation of its facilities at 49 locations. Last year, the airline launched a renewed United Club in Terminal 2 at Chicago O'Hare International Airport, followed by one in Seattle-Tacoma International Airport.

Along with this move, United is also restructuring its operations at the San Diego airport through transfer of entry points and relocation of ticker counters. This will enable flyers with a new ticketing booth, baggage receive wing and advanced shopping space.

In the coming days, we expect United Continental to benefit from its industry-leading unit revenue growth, strong operational execution, competitive cost structure, capacity discipline, and fleet and network optimization. The company also launched new advertising campaign to promote its superior product and service offerings.

United Continental, which operates in the airline industry with the likes of Delta Air Lines ( DAL ), JetBlue Airways Corporation ( JBLU ) and Southwest Airlines Co. ( LUV ), currently retains a Zacks Rank #3 (Hold) rating.

DELTA AIR LINES (DAL): Free Stock Analysis Report

JETBLUE AIRWAYS (JBLU): Free Stock Analysis Report

SOUTHWEST AIR (LUV): Free Stock Analysis Report

UNITED CONT HLD (UAL): Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Stocks
Referenced Stocks: DAL , JBLU , LUV , UAL

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