United Continental Holdings Inc.
) announced that its subsidiary - United Airlines - will start
operating its 787 Dreamliner aircraft. The services will be
available daily and nonstop between the Los Angeles International
Airport and Tokyo Narita International Airport from January 3.
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United Airlines previously provided the service through a 777
aircraft. This is the company's first international flight on a
regular basis by a 787 Dreamliner.
787 Dreamliner - manufactured by
The Boeing Company
) - has 36 seats in United BusinessFirst, 70 seats in United
Economy Plus and 113 seats in United Economy. The aircraft will
render superior facilities for its flyers including better
lighting, larger windows, bigger overhead bins, lower cabin
altitude and improved ventilation systems.
United Airlines expects to provide a more comfortable and relaxed
flying experience along with commendable operating efficiency and
less emissions. The company aims to bring in more international
Dreamliner flights in the coming days.
Based in Chicago, United Continental Holdings Inc. is the holding
company for both United Airlines and Continental Airlines. The
company, through United and Continental and their regional
carriers, operates approximately 5,577 flights each day to 378
U.S. domestic and international destinations.
We expect United Continental to benefit from improving air travel
demand, merger synergies, global network, rising unit revenue
growth, strong competitive position, fleet and network
optimization, hedging strategies and a strong liquidity position.
However, these positives will likely be overshadow by the
concerns over escalating fuel prices, rising non-fuel expense,
competitive threats, new advertising policy, unionized workforce
and sluggish global economy. United Continental currently retains
a Zacks #3 Rank that implies a short-term Hold rating for a
period of one to three months.