United Airlines Resumes Flights to Tel Aviv

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United Airlines Holdings Inc.’s stock saw a rise in premarket trading following the announcement of plans to resume non-stop flights from Newark to Tel Aviv next month. The carrier had halted flights since October, citing safety concerns.

Safety Analysis and Collaboration

United conducted a detailed safety analysis in collaboration with security experts, as well as public officials in both Israel and the U.S. After careful consideration, the airline decided to resume daily nonstop service from Newark to Tel Aviv starting on March 6. Additionally, indirect flights with a stop in Munich will operate on March 2 and 4.

Stock Performance and Future Plans

The positive news resulted in a 0.7% increase in United’s stock value. In 2024, the stock has already seen a 6.8% increase, outperforming the S&P 500. Looking ahead, United expressed readiness to resume a second daily flight from Newark to Tel Aviv in May as travel demand picks up.

Expansion and Collaboration with Unions

The airline will also assess routes to Israel from San Francisco, Washington Dulles, and Chicago O’Hare, with potential resumptions expected starting in the fall. United emphasized close collaboration with pilot and flight-attendant unions to develop safety protocols for their operations.

Industry Impact and Geopolitical Background

Following the attack by Hamas on October 7 that resulted in casualties and hostages, flights by United, American Airlines, and Delta were suspended. The incident prompted heightened security measures, with Hamas targeting Ben Gurion Airport. Israel’s military intervention in Gaza has led to ongoing conflicts in the region.

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