United Airlines sees deal soon on Latin American joint ventures

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United Continental Holdings Inc has finalized a three-way joint venture with carriers Avianca Holdings SA of Colombia and Copa Airlines of Panama, giving the No. 3 U.S. air carrier a stronger foothold in Latin America where travel demand is rising......»»

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United Airlines said on Monday it expects to report a pretax loss of about $2.1 billion for the first quarter, hurt by a precipitous drop in travel demand from the coronavirus outbreak which has weighed on its investments in Latin America......»»

Airlines Plunge After United Sees"Essentially Zero" Demand, No Recovery The mini bounce after US airlines reached a bailout deal on Tuesday with the US Treasury lasted e.....»»

As air travel around the globe shrinks due to the fears of the coronavirus, Orlando's primary air hub has seen an uptick in flights. That's because major airlines like American Airlines (Nasdaq: AAL) and United Airlines (Nasdaq: UAL) are rerouting.....»»

American Airlines Holdings Inc and its mechanics union announced tentative joint collective bargaining agreements on Thursday covering five maintenance and fleet service groups after more than four years of often bitter negotiations......»»

American Airlines Holdings Inc said it has reached a tentative deal with its mechanics union this week for a new joint collective bargaining agreements, nearing the end of bitter negotiations that have dragged on for years......»»

United Airlines wants to include Brazil's Azul in its planned tie-up with Copa Holdings and Colombia's Avianca Holdings to create a four-way partnership in Latin America, a senior executive said on Friday......»»

Japan's Softbank Group Corp named entrepreneur Ralf Wenzel as chief executive at its Latin American Tech Hub, with the goal of creating joint ventures among Softbank-backed companies in an effort to expand in the region......»»

The proposed strategic partnership with LATAM Airlines (NYSE: LTM) represents Delta Air Lines (NYSE: DAL) largest investment in a foreign carrier and is a major competitive strike against American Airlines read more.....»»

In recent years Delta Air Lines NYSE DAL American Airlines and United Continental and their European joint venture partners have dominated the trans Atlantic travel market On many key routes a single alliance controls a huge share of the market The.....»»

United Continental Holdings is close to partnering with Latin American carrier Avianca Holdings SA , as the U.S. airline company agrees to pay off debt owed to a hedge fund, the Wall Street Journal reported on Friday......»»

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SkyWest Inc. announced Tuesday a deal to sell ExpressJet Airlines Inc. to United Airlines joint venture ManaAir LLC, for $70 million in ca.....»»

United Airlines (NASDAQ:UAL) stock had such a great day on Wednesday that it lifted other airline stocks, including American Airlines ... Read more.....»»

United sees an opportunity to get more money out of premium passengers who are willing to pay up for more room and amenities......»»

Shares of several airline companies, including Delta Air Lines, Inc. (NYSE: DAL), United Airlines Holdings Inc (NASDAQ: UAL) and American Airlines Group Inc (NASDAQ: read more.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»