United Airlines Skyrockets: A Strong Performer in the Airline Industry
Chicago-based United Airlines Holdings, Inc. (UAL), a major player in global air travel, sees impressive gains driven by soaring demand and efficient operations.
With a market cap of $34.8 billion, UAL not only operates airlines but also provides catering, ground handling, and maintenance services to third parties. Over the past year, the airline has significantly outshined the broader market. UAL’s shares have soared by 153.4%, while the S&P 500 Index ($SPX) has grown by nearly 20.9%. This year, UAL continues to rise, with an 8% gain thus far compared to the SPX’s modest 1.9% increase.
However, when comparing UAL to the U.S. Global Jets ETF (JETS), which