United Continental Holding Inc (NYSE:UAL) shares increased by 3.15%


Dallas, Texas 07/18/2013 (Financialstrend) – The first test flight of United Airlines Boeing 73-800 aircraft retrofitted with the new Split Scimitar Winglet was done on Tuesday in Everett, Washington. This innovative winglet advances on the current combined winglets integrated presently has on its Next-Generation 737 fleet. This advanced winglet will offer a natural hedge against rising fuel costs while instantaneouslydropping carbon releases. United’s Vice President of Fleet Ron Baur had announced that they appreciate APB’s focus in helping United become even more fuel efficient.

The new winglet proposal confirmed important aircraft drag reduction over the basic blended winglet structure United uses on its current fleet.

Once testing and FAA certification of the winglets are complete, United will initiate retrofitting various fleets with the new winglets beginning early next year. The two biggest names in travel Marriott Rewards & United MileagePlus have joined together to offer their most trustworthy members with extraordinary travel benefits. Starting from July 15, 2013 the “Rewards Plus” offers various benefits like Premier 1K, Premier Platinum and Premier Gold members Marriott Rewards Gold Elite Status etc., till end of January, 2014. United Continental Holdings Inc. remained a high volume stock in the major airlines industry.

There has been a gain by 3.15% in the shares of United Continental Holdings Inc (NYSE:UAL) and currently trading at $34.75 per share. The stock had presented intraday fluctuations on the range of $33.58 – 34.79 per share, after opening at $33.69 for the day. The company has recorded 52 week low at $17.45  and $35.27 week high per share.

There are 333.94 million shares outstanding with a market cap of $11.60 billion and an institutional ownership of 104% of the total capital. The trading volume is 2 million shares and the average volume is at 3.29 million shares per day.