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United to start daily Guam-Tokyo Haneda flights on May 1

EditorIsmeta Mujdragic
Published 02/23/2024, 08:23 AM
Updated 02/23/2024, 08:23 AM
© Reuters.

CHICAGO - United Airlines has announced the launch of daily nonstop flights between Guam and Tokyo Haneda Airport starting May 1, aiming to provide a more direct connection to Japan's capital. The service will complement United's existing flights to Tokyo-Narita, with tickets going on sale today.

The new route is part of United's expansion to strengthen international links and offer customers more choices. The flights will be operated using a 737-800 aircraft, featuring 16 business class seats out of a total of 166. Departures from Guam are scheduled for 19:00 local time, arriving at Haneda at 22:00. The return flight will leave Haneda at 23:55, reaching Guam at 04:45 the following day.

United is a significant carrier in Guam, providing over 87 weekly flights to 14 destinations and has been operating in the region for over 55 years. The airline is currently the sole provider of direct flights from Guam to several Japanese cities and Pacific islands.

With this new service, United will have six daily flights from Haneda, including routes to major U.S. cities such as New York/Newark, Washington D.C., Chicago, Los Angeles, and San Francisco. United also maintains 10 daily flights to Tokyo's Narita Airport. The airline claims to offer more seats from the U.S. to Tokyo than any other American carrier.

The commencement of the new flights is subject to government approval.

The introduction of this route is based on a press release statement from United Airlines.

InvestingPro Insights

As United Airlines (UAL) expands its international footprint with the launch of daily nonstop flights between Guam and Tokyo Haneda, the company's financial health and market performance remain key considerations for investors. According to InvestingPro data, United Airlines has a market capitalization of $14.85 billion, reflecting its significant presence in the airline industry. This is particularly relevant as United continues to be a major player, now offering more seats from the U.S. to Tokyo than any other American carrier.

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InvestingPro Tips reveal that United Airlines is trading at a low earnings multiple, with an adjusted P/E ratio for the last twelve months as of Q4 2023 standing at 4.46. This could indicate that the stock is potentially undervalued compared to earnings, which may be of interest to value investors. Additionally, the company has seen a significant return over the last week, with a 7.79% price total return, demonstrating recent positive momentum in the stock market.

For investors seeking more in-depth analysis, there are additional InvestingPro Tips available that delve into United's financials, industry position, and stock volatility. With the use of coupon code PRONEWS24, readers can get an extra 10% off a yearly or biyearly Pro and Pro+ subscription to access these valuable insights. There are 9 more tips listed on InvestingPro for United Airlines, which can guide investors in making more informed decisions regarding UAL's stock and the impact of their strategic moves, such as the expansion of flight services to Tokyo Haneda.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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