United Airlines

Earnings next week 🗓️

$WBA (+0.88%)

$UNH (+1.64%)

$BAC (+1.1%)

$C (+0.59%)

$JNJ (+0.03%)

$GS (+1.09%)

$SCHW (-0.04%)

$UAL (+1.43%)

$ASML (-1.59%)

$MS (+1.17%)

$ABT (+1.26%)

$TSM (+0.43%)

$NFLX (+0.09%)

$ISRG (-0.89%)

$AXP (+0.33%)

$PG (-1.24%)

Starlinks Network with over 6.000 satellites surpasses traditional providers such as Intelsat
$PA and Panasonic
$6752 (+1.96%) and is increasingly securing contracts with major airlines.

As in-flight connectivity becomes increasingly important for passengers, airlines such as Air France
$AF and United
$UAL (+1.43%) are increasingly relying on Starlink and offer their guests free WLAN with speeds of over 200 Mbit/s.

Despite high installation costs, Starlink is establishing itself as the future of Internet use in air travel and is taking the travel experience to a new level for millions of passengers.

Airlines and operators that already use the Starlink-Internet from SpaceX or are contractually bound to install it in their fleet:

- United Airlines $UAL (+1.43%)

- Qatar Airways

- Air France $AF (-3.77%)

- Hawaiian Airlines

- JSX

According to a SpaceX director Starlink has already signed contracts for over 2.500 aircraft.

SpaceX has signed a new contract with United
Airlines
$UAL (+1.43%) expanded its order pool for Starlink flight Wi-Fi almost doubled, a company director said yesterday.

"We are very excited that we now have approximately 2.500 aircraft under contract.

What originally began as a startup is now evolving into a growing experience that we believe will generate a lot of interest from passengers and airlines worldwide," said Nick Galano, director of Starlink Aerospace Sales and Partnerships at SpaceX, during a panel discussion at World Space Business Week in Paris.

United Airlines
$UAL (+1.43%) has announced that its entire fleet will be equipped with Elon Musk's Starlink-Internet technology. Passengers will be offered the service free of charge available to passengers.

The week will be pure entertainment.

Monday:

• Release of the Empire State Manufacturing Index (July)
• Start of the Republican National Convention
• Statements by FED Chair Jerome Powell and San Francisco
  Fed President Mary C. Daly
• Quarterly results from Goldman Sachs ($GS (+1.09%) ), BlackRock ($BLK ) and Servis1st Bancshares ($SFBS )

Tuesday:

• Start of the ⚠️Amazon Prime Day⚠️
• Continuation of the Republican National Convention
• Publication of retail sales (June), business inventories (May), import/export prices (June) and the real estate market index (July)
• Quarterly results from UnitedHealth ($UNH (+1.64%)), Bank of America ($BAC (+1.1%)), Morgan Stanley ($MS (+1.17%)), Charles Schwab ($SCHW (-0.04%)), PNC Financial ($PNC (+0%)), State Street ($STT (+1.98%)) and J.B. Hunt Transport ($JBHT (-0.49%))
• Statements by FED Governor Adriana Kugler

Wednesday:

• End of of the ⚠️Amazon Prime Day⚠️
• Continuation of the Republican National Convention
• Publication of housing data (June) and industrial production (June)
• Publication of the FED Beige Book
• Quarterly results from Johnson & Johnson ($JNJ (+0.03%)), US Bancorp ($USB (+0.83%)), Kinder Morgan ($KMI (+1.65%)) and Discover Financial Services ($DFS (+0.86%))

Thursday:

• Publication of the weekly Jobless Claims (until July 13)
• Publication of of the Philadelphia Fed Manufacturing Index (June)
• Quarterly results from TSMC ($TSM (+0.43%)), Netflix ($NFLX (+0.09%)), Novartis ($NVS (-0.32%)), Abbott ($ABT (+1.26%)), United Airlines ($UAL (+1.43%)) and Intuitive Surgical ($ISRG (-0.89%))
• ⚠️Abschluss of the Republican National Convention with speeches by Donald Trump (not sure)⚠️

Friday:

• Quarterly results from American Express ($AXP (+0.33%)), Travelers Cos. ($TRV (+1.05%)), Halliburton ($HAL (-0.16%)), Fifth Third Bancorp ($FITB (-0.9%)), Huntington Bancshares ($HBAN (+2.35%)) and Regions Financial ($RF (+2.24%))
• Statements from New York
  FED President
  John C. Williams and Atlanta Federal Reserve President Raphael Bostic

🔴LIVE

A Boeing ($BA (-0.46%)) 757from United Airlines ($UAL (+1.43%)) during takeoff from Los Angeles International Airport a wheel. The flight UA1001 returned safely to LAX. United Airlines and the FAA are investigating the incident. This is the second wheel loss of a United aircraft in 2024following a similar incident in March with a Boeing 777.