United Airlines

Earnings next week 🗓️

$WBA (+1.41%)

$UNH (+0.11%)

$BAC (+1.49%)

$C (+1.62%)

$JNJ (+2.5%)

$GS (+2.89%)

$SCHW (+1.23%)

$UAL (+0.23%)

$ASML (+3.19%)

$MS (+2.75%)

$ABT (+1.35%)

$TSM (+1.17%)

$NFLX (+1.95%)

$ISRG (+1.97%)

$AXP (+2.5%)

$PG (+2.05%)

Starlinks Network with over 6.000 satellites surpasses traditional providers such as Intelsat
$PA and Panasonic
$6752 (+1.29%) 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 (+0.23%) 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 (+0.23%)

- Qatar Airways

- Air France $AF (-0.22%)

- 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 (+0.23%) 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 (+0.23%) 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 ($GS (+2.89%) ), BlackRock ($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 ($UNH (+0.11%)), Bank of America ($BAC (+1.49%)), Morgan Stanley ($MS (+2.75%)), Charles Schwab ($SCHW (+1.23%)), PNC Financial ($PNC (+1.55%)), State Street ($STT (+1.77%)) and J.B. Hunt Transport ($JBHT (+2.26%))
• 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 ($JNJ (+2.5%)), US Bancorp ($USB (+1.91%)), Kinder Morgan ($KMI (+2.52%)) and Discover Financial Services ($DFS (+1.82%))

Thursday:

• Publication of the weekly Jobless Claims (until July 13)
• Publication of of the Philadelphia Fed Manufacturing Index (June)
• Quarterly results from TSMC ($TSM (+1.17%)), Netflix ($NFLX (+1.95%)), Novartis ($NVS (+0.82%)), Abbott ($ABT (+1.35%)), United Airlines ($UAL (+0.23%)) and Intuitive Surgical ($ISRG (+1.97%))
• ⚠️Abschluss of the Republican National Convention with speeches by Donald Trump (not sure)⚠️

Friday:

• Quarterly results from American Express ($AXP (+2.5%)), Travelers Cos. ($TRV (+2.07%)), Halliburton ($HAL (+3.52%)), Fifth Third Bancorp ($FITB (+2.99%)), Huntington Bancshares ($HBAN (+1.51%)) and Regions Financial ($RF (+2.41%))
• Statements from New York
  FED President
  John C. Williams and Atlanta Federal Reserve President Raphael Bostic

🔴LIVE

A Boeing ($BA (-1.36%)) 757from United Airlines ($UAL (+0.23%)) 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.