How to buy United Airlines shares?
Are you considering investing in United Airlines? In this article we look at how & where to buy shares in this well-known airline. You can also find the latest United Airlines share price information on this page.
Before buying United Airlines shares, it is wise to compare the company with well-known competitors. For example, you could look at US Delta Airlines, but also international airlines such as Lufthansa or Air-France KLM. In this way you can determine whether United Airlines is the best choice for an investment.
Many investors lose sight of the costs when they invest in stocks. This is, of course, a shame: every penny you save on costs, benefits the return you make. eToro is therefore a good choice for buying United Airlines shares, as you do not have to pay commissions with this broker. With the button below you can directly open an account with eToro:
It can be lucrative to actively speculate on the price development of United Airlines shares. The performance of the share is highly dependent on the economic situation. When people fly less, the share price drops immediately. You saw this, for example, during the corona pandemic in which almost all flights were cancelled. The United Airlines share price then fell by more than 60% in a short period of time!
As an active investor, you can respond to such developments. You do this by opening a short position with a CFD. With a short position, you achieve a positive return when the price falls, while you lose money when the price rises. You can actively trade in United Airlines shares with Plus500 by using CFDs. Using the button below you can open a free demo with Plus500:
What is United Airlines’ stock price?
Would you like to know how United Airlines’ stock price is evolving? In the graph below you can immediately see how the CFD share has performed over the past period.
About United Airlines
With more than 86,000 employees and more than 700 aircraft, United Airlines is a large American airline. United distinguishes itself from most other American Airlines in terms of service, safety and comfort.
At many American airports, United Airlines has its own terminals where it flies modern aircraft. The frequent flyer programme of this airline is accessible to everyone. The head office of this airline is located in Chicago.
The history of United Airlines
United Airlines was founded in 1928. In that year the airlines Boeing Air Transport, National Air Transport, Varney Airlines and Pacific Air Transport operated a timetable for the transport of mail under the name United Airlines.
In 1930, there was sufficient aircraft capacity to start carrying passengers. Ellen Church was hired to help the passengers on board. She was the first stewardess. This laid the foundation for the airline United Airlines.
United Airlines aircraft were used for warfare during the Second World War. After the Second World War, United Airlines benefited from the technology developed in wartime, such as the jet engine and the pressurized cabin. The number of air journeys increased sharply after the Second World War.
Mergers with other airlines
The merger with Capital Airlines in June 1961 created one of the largest airlines in the world. In May 1981, the boards of United and Continental decided to merge. This merger took place by exchanging shares. After the merger, the airline carries the name of United and the logo of Continental. The head office of the airline remains in Chicago. The merger was expected to save USD 1 billion a year.
United Airlines in the red figures
The airline achieved a significantly lower turnover in the third quarter of 2020. Turnover in the third quarter of 2019 was still USD 11,4 billion. Turnover fell to USD 2,5 billion in the third quarter of 2019. Due to the impact of the coronavirus, the company went into the red. Painful measures had to be taken: 13,000 employees were laid off. The CEO of the airline announced that the company is aiming for a strong recovery.
The share price fell sharply in 2020. The share price chart shows that the share has risen in value over the past month. It is uncertain whether this rise will continue, because in the months of August and September, a rise in the stock price was followed by a considerable fall.
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