Operating more than 1.6 million flights carrying more than 148 million customers in 2017 alone, United and United Express join other global aerospace leaders- American Airlines, JetBlue Airways, and Hawaiian Airlines- who choose to call Nasdaq home.
This week United Airlines (Nasdaq: UAL) celebrated its recent stock exchange switch to Nasdaq from The New York Stock Exchange with a remote Opening Bell ceremony from the company’s hanger at New Jersey’s Newark Liberty International Airport.
The Bell Ceremony took place in front of a United Dreamliner aircraft. Hundreds of United staff members including pilots, cabin crew, and hangar engineers were on hand to cheer and celebrate the festivities.
Nasdaq’s unique branding and marketing opportunities helped position United among the investment and media communities globally. Media coverage of the opening bell ceremony and interviews with CEO Oscar Munoz were extensively featured on Yahoo Finance and CNBC. “Our shared purpose at United is connecting people and uniting the world,” said Oscar Munoz, United CEO. Nasdaq is committed to amplifying United’s voice through our world class partnership offerings.
United is proud to have the world's most comprehensive global route network, and we are honored to welcome United to our family of the world’s most innovative companies.
In recent years, over $1.3 trillion in market value has chosen to switch to Nasdaq. United Airlines joins Weight Watchers, PepsiCo, Marriott, and Workday in choosing Nasdaq as the preferred exchange partner based on our superior market model, industry leading advisory services, brand alignment, and exchange-specific index inclusion opportunities. In addition, I am also thrilled to share that Regency Centers, an $11B market cap, S&P 500 REIT, recently announced the company’s intended transfer to Nasdaq.
Year to date, we have welcomed 15 switches to Nasdaq, totaling nearly $110 billion.
Notably, many companies can benefit from our more predictable all-inclusive fee structure that aligns with the growth and success of their businesses. The single annual fee includes all the ordinary costs of listing for the calendar year, as well as events such as secondary offerings and stock splits. In contrast, listed companies on other U.S. exchanges can experience an average of $21,000 in fees for these events alone during the year.
In addition, we also welcomed 164 IPOs to Nasdaq so far this year, including 9 out of the top 10 best performing IPOs, and we extended our track record to 19 consecutive quarters as the leading exchange for U.S. listings.
For more information about the specific advantages a Nasdaq listing could provide to your company, contact me at firstname.lastname@example.org.
J.R. Mastroianni is Vice President, Listing Services at Nasdaq. In this role, Mr. Mastroianni oversees advising publicly traded companies not on our exchange on the benefits of becoming Nasdaq listed. During Mr. Mastroianni’s tenure he and his team have attracted many industry leading companies to transfer to Nasdaq including Marriott International, Viacom, Hasbro, PepsiCo, The Kraft Heinz Company, Walgreens Boots Alliance, and Analog Devices.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.