United Airlines, Inc. (commonly referred to as United) is a major American airline headquartered at Willis Tower in Chicago, Illinois. United operates a large domestic and international route network spanning cities large and small across the United States and all six continents. Measured by fleet size and number of routes, it is the third largest airline in the world. It is a founding member of the Star Alliance, the world’s largest airline alliance with a total of 28 member airlines. Regional service is operated by independent carriers under the brand name United Express. United was established by the amalgamation of several airlines in the late 1920s, the oldest of these being Varney Air Lines, which was founded in 1926.
United has eight hubs, with Chicago-O’Hare being its largest in terms of passengers carried and the number of departures.
Although analyst are expecting a majority of the S&P 500 companies to deliver better-than-expected results, fears on inflation and interest rate hikes are dragging stock down.
The US stocks continue trading higher hitting record levels on the first day of 2022. It looks like investors have shrugged off concerns about the rising number of Covid Omicron cases.
With better-than-expected earnings reports from over 70 of the S&P 500 companies, the stock market continued to rally with the index registering a six-day winning streak. Analysts are hopeful of a further rally by the year-end.
