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Benzinga
Benzinga
Business
Henry Khederian

Here's Why United Airlines Shares Are Rising

United Airlines United Airlines Holdings Inc

United Airlines Holdings Inc (NASDAQ:UAL) shares are trading higher by 8.7% at $38.06 after the company said it expects first-quarter 2022 total operating revenue to be near the better end of previous guidance of down between 20% - 25% versus first-quarter 2019.

United Airlines added that business traffic is rebounding more quickly than expected: business bookings versus 2019 improved more than 30 points since the peak of Omircon, as of Mar. 7 2022. 

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