United Continental Holdings Inc.
) announced plans to expand baggage delivery facilities to 36
markets, which it already launched last month in six markets. The
company is also offering services like Premier Access that speeds
up check-in and security checkpoint clearance
United Continental, the largest U.S.airline, followed by
Delta Air Lines Inc.
), is making continued progress to improve service features and
introduce products that will enhance value and profitability. The
premium cabin flat-bed seats have been installed in 87% of the
international fleet, including the first reconfigured and
retrofitted International 767-300ER.
The company expects to complete the installation in all
international flights by the end of the first quarter of 2013.
Further, United Continental started offering global
satellite-based Wi-Fi in Aug last year, introducing the product
on Airbus A319, followed by the
) 747 and 737-900ERs.
Moreover, the company is optimizing its network and flight
routes for greater efficiency in fleet operations. The company is
reducing its domestic fleet count, retiring the older and less
efficient aircraft and reconfiguring domestic aircraft for
We believe the company's efforts to enhance customer
experience will lead to revenue growth and increased market
traction. However, we expect these aspects to be overshadowed by
the concerns over fluctuating fuel prices, rising non-fuel
expense, growing competition, new advertising policy, unionized
workforce and a sluggish global economy.
), which has a Zacks Rank #1 (Strong Buy), is a stock worth
considering in this sector.
United Continental currently retains a Zacks Rank #3 (Hold)
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