United Airlines Holdings Option Alert: Sep 19 $80 Puts Sweep (47) near the midpoint: 853 vs 2289 OI; Earnings 7/16 After Close [est] 

United Airlines Holdings Option Alert: Sep 19 $80 Puts Sweep (47) near the midpoint: 853 @ $8.024 vs 2289 OI; Earnings 7/16 After Close [est] Ref=$78.78

United Airlines Holdings Option Alert: Jul 18 $115 Puts at the Ask: 260 vs 92 OI; Earnings 7/16 After Close [est] 

United Airlines Holdings Option Alert: Jul 18 $115 Puts at the Ask: 260 @ $41.4 vs 92 OI; Earnings 7/16 After Close [est] Ref=$74.25

United Airlines Holdings Stock (NASDAQ: UAL)

United Airlines Holdings (NASDAQ:UAL) Stock

United Airlines Holdings

United Continental Holdings, Inc.

United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large US peers.

United Continental

United Airlines Holdings, Inc. - Common Stock

United Airlines Holdings Inc

News

JBLU

Reuters Cites Filing Saying United Airlines, JetBlue Ask U.S. Transportation Department To Reject Spirit Airlines Complaint Over Partnership

Bank of America Securities (BofA) outlined a second-quarter 2025 earnings preview for airline companies in an investor note on Tuesday, with a focus on <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46082523/whats-going-on-with-airline-stocks-today">second-half 2025 capacity.</a>
Analyst Andrew Didora notes airline management teams have highlighted stability throughout the second quarter 2025.
BofA adds, &#8220;As such, we expect 2Q25 results to be largely in line with outlooks.&#8221;
Looking at trends into the third quarter of 2025, Transportation Security Administration (TSA) throughput has been down, while BAC aggregated debit and credit card data for airline spend has been down slightly more in June than in April/May.
Also Read: <a href="https://www.benzinga.com/etfs/sector-etfs/25/06/46157240/runway-ready-can-aviation-safety-tech-be-the-next-frontier-for-aerospace-etfs" target="_blank" rel="noreferrer noopener">Runway Ready: Can Aviation Safety Tech Be The Next Frontier For Aerospace ETFs?</a>
So the analyst does not expect a meaningful sequential improvement in revenue trends.
&#8220;We believe investors will be looking for commentary on any green shoots in demand, and any further commentary on 2H25 capacity cuts could be viewed positively,&#8221; he added.
<h2 class="wp-block-heading">Stocks in Focus</h2>
For Alaska Air Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>), BofA sees its balance sheet strength and cost focus, with a <a target="_blank" href="https://www.benzinga.com/quote/ALK/analyst-ratings" rel="noreferrer noopener">price forecast of $60</a>.
For Allegiant Travel Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>), the analyst says <a href="https://www.benzinga.com/quote/ALGT/analyst-ratings" target="_blank" rel="noreferrer noopener">the $50 price target</a> is reasonable given the positive industry backdrop and Allegiant Travel&#8217;s monopolistic routes. However, Didora sees heightened cost risks for Allegiant given its recent 737 MAX order and pilot labor costs.
American Airlines Group&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) <a href="https://www.benzinga.com/quote/AAL/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast of $12</a> is based on 5.5x 2025E EBITDAR. The analyst says the target multiple is at a half-turn discount to American Airlines&#8217;s legacy peers, given higher leverage and execution risk.
For Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), the <a href="https://www.benzinga.com/quote/DAL/analyst-ratings" target="_blank" rel="noopener">BofA analyst believes</a> the network carrier can trade towards the upper end of its historical valuation range (4-6x) over time, given revenue diversification and strong operational execution.
Frontier Group Holdings Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>) <a target="_blank" href="https://www.benzinga.com/quote/ULCC/analyst-ratings" rel="noreferrer noopener">price forecast of $4</a> is based on approximately 6.5x 2026E EBITDAR, adjusted for sale-leaseback gains. This multiple is in line with ultra-low-cost carriers&#8217; historical valuation multiple and ULCC&#8217;s multiple since going public in 2021.
JetBlue Airways Corporation&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) <a target="_blank" href="https://www.benzinga.com/quote/JBLU/analyst-ratings" rel="noreferrer noopener">price forecast of $3</a> is based on approximately 0.9x EV/Sales multiple, which is in line with the 0.6-1.0x range that airline stocks traded in more difficult economic times, like those in 2008-2009.
&#8220;We believe this is reasonable given JBLU&#8217;s meaningfully depressed earnings and high net leverage,&#8221; the analyst wrote.
Southwest Airlines Co&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) <a href="https://www.benzinga.com/quote/LUV/analyst-ratings" target="_blank" rel="noreferrer noopener">price target of $26</a> is based on approximately 7.0x 2025E EBITDAR. Given positive yield dynamics across the industry, this target multiple is at the high end of LUV&#8217;s long-term historical average of 6.2x.
United Airlines Holdings Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) <a href="https://www.benzinga.com/quote/UAL/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast of $90</a> is based on approximately 5.5x 2025E EBITDAR.
&#8220;Our target multiple is in line with UAL&#8217;s legacy peers. We believe the network carriers can trade towards the high end of their historical valuation ranges (4-6x) given depressed earnings,&#8221; Didora wrote.
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Airline Stocks Face Flat Q2—But 1 Thing Could Lift Them

SAVE

Reuters Cites White House Official Saying President Trump Signs Presidential Memorandum Strengthening U.S. Policy Toward Cuba, Including Enforcing Statutory Ban On U.S. Tourism To Cuba

GOOG

GOOGL

SAVEQ

Reuters Cites Google Saying Cyber Incidents In Airline Sector Resemble Work Of 'Scattered Spider' Hacking Group

Airline stocks such as Delta Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NASDAQ">DAL</a>) and United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) are trading higher Tuesday following a sharp decline in oil prices and growing hopes for a<a href="https://www.benzinga.com/news/events/25/06/46068524/israel-says-iran-broke-trump-ceasefire-orders-high-intensity-strikes-on-tehran"> ceasefire between Iran and Israel.</a>
What To Know: The gains come as Brent crude and other oil benchmarks fell sharply. 
The United States Brent Oil Fund (BNO) dropped over 5%; the United States Oil Fund (USO) dropped a similar amount. The selloff in energy markets was driven by President Donald Trump's announcement of a tentative ceasefire between Israel and Iran. If the truce holds, it could reduce the risk of further escalation in the oil-rich Middle East region.
Iran's foreign ministry disputed the existence of a formal agreement. Yet, it also indicated a willingness to halt operations if Israel stops its attacks. Despite the uncertainty, markets are reacting to the possibility that immediate conflict may subside. A resolution could stabilize oil flow through the Strait of Hormuz, a key passage for global crude shipments.
The resulting drop in jet fuel and broader oil prices is potentially seen as a positive development for the airline sector, which is highly sensitive to fuel costs. Additionally, the reduced geopolitical risk may ease concerns around travel demand in international markets. However, with Israel accusing Iran of violating the ceasefire on Tuesday, the situation remains fluid and volatile.
Price Action: Delta shares were up 2.59% at $49.50 and United Arline shares were 2.72% at $79.06 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro.</a>
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Image Via Shutterstock.

Movers

What's Going On With Airline Stocks Today?

WIIM

RYAAY

Shares of airline companies are trading higher amid a drop in the price of oil. An Iran-Israel ceasefire may lower travel uncertainty.

Reuters Cites Filing With US DOT Saying Spirit Airlines Says Proposed Joint Venture Agreement Between JetBlue Airways, United Airlines Is Anticompetitive And Should Be Rejected

Shares of airline stocks are trading higher, reversing from earlier weakness as oil prices fall. Investors may be assessing Iran's attack on an American base in Qatar and the impact on travel demand.

Shares of airline stocks are trading lower on uncertain travel demand outlook following US strikes on Iran. Qatar has closed airspace amid tensions.

As the tensions between Washington and Tehran rose after U.S. President Donald <a href="https://www.benzinga.com/news/politics/25/06/46043305/donald-trump-announces-spectacular-military-success-as-us-strikes-key-iranian-nuclear-sites">Trump ordered strikes</a> at key Iranian nuclear sites at Fordow, Natanz and Isfahan.
What Happened: The busy airspace between Iran, Iraq and the Mediterranean has been largely empty since June 13 as Israel launched an attack on Iran, Reuters reported on Monday.
However, several airlines, including Singapore Airlines, Air France KLM, Finnair, and Kazakhstan's Air Astana, have canceled flights to busy airports in the Middle East, such as Dubai, Riyadh, and Doha, the report suggests.
Despite this, some airlines like British Airways are resuming flights to Dubai and Doha, the report added.
Why It Matters: The news comes in as mounting tensions between the U.S.-Israel and Iran have already led to United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) and American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) to <a href="https://www.benzinga.com/news/travel/25/06/46021530/amid-iran-israel-conflict-united-american-airlines-suspend-flights-to-the-middle-east">cancel flights to the Middle East</a>.
Trump had earlier called on <a href="https://www.benzinga.com/news/25/06/46017426/trump-gives-iran-2-weeks-to-strike-a-deal-or-face-us-military-action">Iran to strike a deal </a>with the U.S. over its nuclear program before the strikes and had said that he would mull over a strike on Iran for two weeks.
However, now <a href="https://www.benzinga.com/news/travel/25/06/46045416/us-issues-worldwide-caution-after-strikes-on-irans-nuclear-sites-state-department-warns-of-airspace-closures-travel-chaos-and-rising-threats-to-americans-abroad">the U.S. State Department </a>has warned of worldwide caution as the tensions could prove to disrupt travel plans through airspace closures and threaten American interests across the globe.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo by BlueBarronPhoto via Shutterstock

Several Airlines Cancel Flights To Dubai, Riyadh, Doha After US-Iran Tensions Rattle Global Air Travel: Report

United Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) has officially launched the first direct commercial flight from the U.S. to Greenland in nearly two decades, with its Newark-to-Nuuk route landing Saturday evening in the Arctic capital.
A United Boeing 737 Max 8 departed Newark Liberty International Airport in New Jersey and landed in Nuuk, around 6:39 p.m. local time, according to <a href="https://www.flightaware.com/live/flight/UAL80/history/20250614/1540Z/KEWR/BGGH">flight-tracking site FlightAware</a>. The route&#8217;s timing coincided with President Donald Trump&#8216;s 79th birthday, though United first <a href="https://www.united.com/en/us/newsroom/announcements/cision-125351">announced</a> the flight back in October, ahead of his re-election.
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The Newark-to-Nuuk service is United's first direct flight to Greenland, and the first such connection by any U.S. carrier since 2007. That year, Air Greenland briefly operated a route between Baltimore and Kangerlussuaq, <a href="https://fortune.com/2025/06/16/united-airlines-first-direct-flight-us-greenland-since-2008-trump-birthday/">Fortune</a> reported. The service was discontinued a year later due to high operating costs.
<h2 class="wp-block-heading">Shorter Flights, Bigger Impact</h2>
The new seasonal route will operate twice weekly from June to September, with each one-way trip lasting approximately 4.5 hours. Tickets are priced between $1,200 and $1,500. The aircraft carries roughly 165 passengers.&nbsp;
"This is really amazing," Warren Rieutort-Louis, a passenger from San Francisco, told <a href="https://apnews.com/article/us-greenland-direct-flight-united-airlines-100f121e1327168a8deb6b242e5e501b">the Associated Press</a>. "I've been to Greenland before, but never this way around."
Trending: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.
<h2 class="wp-block-heading">Tourism, Economy, and Geopolitics</h2>
Officials in Greenland say the route has strong economic implications. Naaja Nathanielsen, Greenland's minister for business and energy, told <a href="https://www.dr.dk/nyheder/indland/groenland/foerste-direkte-rutefly-mellem-usa-og-groenland-er-en-realitet-det-aabner">Danish broadcaster DR</a> that the connection is vital for tourism and economic diversification. Fishing currently accounts for roughly 90% of Greenland's exports, and tourism is increasingly viewed as a new growth engine.
U.S. travelers previously had to route through Iceland or Denmark before reaching Greenland. More than 96,000 international passengers passed through Greenland's airports in 2023, up 28% from 2015, according to AP.
"We expect the new flight to have a positive impact — both for the society and travelers," said Tanny Por, head of international relations at Visit Greenland, the government's tourism agency, to AP.
See Also: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
<h2 class="wp-block-heading">Strategic Timing and Political Undercurrents</h2>
Though United's inaugural flight landed on Trump's birthday, and the president has made controversial comments about acquiring Greenland, the airline said that the timing was related to the opening of a new airport in Nuuk late last year. The upgraded runway allows for larger aircraft and direct international flights — a key enabler of the new route.
United <a href="https://www.prnewswire.com/news-releases/united-adds-eight-new-destinations-in-largest-international-expansion-in-its-history-302272864.html">said</a> in October that it would be the only carrier offering direct flights between the U.S. and Nuuk, describing the route as a gateway to outdoor experiences and Arctic wildlife during Greenland's summer season.
<h2 class="wp-block-heading">Warm Reception Expected</h2>
Some travelers on the flight expressed excitement about the cultural experience and hoped for a positive reception.
"I do hope that we receive a warm welcome from the locals," Aria Varasteh, a traveler from Washington, D.C., told AP. "From those I've talked to already, it seems that they're excited to have us here."
Read Next: <a href="https://www.benzinga.com/money/gbr-savings-by-age">If You're Age 35, 50, or 60: Here&#8217;s How Much You Should Have Saved Vs. Invested By Now</a>
Image: Shutterstock

United Airlines Launches First Direct US-Greenland Flights In 17 Years With Newark-Nuuk Route

United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) and American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) have suspended flights to the Middle East as the conflict between Iran and Israel continues after Israel launched missiles at Iran on June 13, 2025.
What Happened: United Airlines has announced it will suspend flights from New Jersey's Newark airport to Dubai indefinitely due to the conflict, while American Airlines will suspend flights from Philadelphia International Airport to Doha, Qatar, CBS reported <a href="https://www.cbsnews.com/news/us-airlines-suspend-middle-east-flights-iran-israel/">on</a> Thursday.&nbsp;
A spokesperson for American Airlines said that the suspension of flights will last until at least June 22, the report suggests.
Why It Matters: The move comes in as the conflict between the two countries has escalated. U.S. President Donald Trump has called on Iran <a href="https://www.benzinga.com/news/25/06/46017426/trump-gives-iran-2-weeks-to-strike-a-deal-or-face-us-military-action">to strike a deal</a> with the U.S. or it will face military action. Trump had left the G7 Summit in Canada earlier than scheduled due to the conflict.
Elsewhere, Israeli Prime Minister Benjamin Netanyahu has said that a regime change in Iran isn't his goal, but <a href="https://www.benzinga.com/news/politics/25/06/46018790/benjamin-netanyahu-says-he-didnt-present-regime-change-as-a-goal-in-iran-but-it-could-be-the-result">it could happen</a> as a result of the conflict between the two nations.
Amidst this, Russian President Vladimir Putin has<a href="https://www.benzinga.com/news/politics/25/06/46010064/ayatollah-assassination-discussion-rejected-by-putin-i-do-not-even-want-to-discuss-this-possibility"> rejected discussions</a> relating to the assassination of Iran's Supreme Leader Ayatollah Ali Khamenei. Putin reiterated that Iranians are rallying in support of their leader.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo courtesy: Shutterstock

Travel

Amid Iran-Israel Conflict, United, American Airlines Suspend Flights To The Middle East

<a href="https://www.bloomberg.com/news/articles/2025-06-19/american-united-airline-suspend-some-middle-east-flights?srnd=homepage-americas" title="https://www.bloomberg.com/news/articles/2025-06-19/american-united-airline-suspend-some-middle-east-flights?srnd=homepage-americas">https://www.bloomberg.com/news/articles/2025-06-19/american-united-airline-suspend-some-middle-east-flights?srnd=homepage-americas</a>

'American, United Airline Suspend Some Middle East Flights' - Bloomberg

Editor's Note: This story has been updated to correct the amount of the North Carolina Community College System training initiative.
JetZero, a California-based aerospace startup, has <a href="https://www.prnewswire.com/news-releases/jetzero-selects-north-carolina-for-4-7b-production-facility-will-create-over-14-500-jobs-302479910.html">announced</a> a $4.7 billion investment to build its first manufacturing facility in Greensboro, North Carolina — a move that could position it to compete with industry giants such as Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) and Airbus.&nbsp;
The new plant, located at Piedmont Triad International Airport, will manufacture the company's all-wing commercial jet, the Z4, and is expected to create over 14,500 jobs by 2036 — a record-setting employment commitment for the state, according to the North Carolina Department of Commerce.
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The Z4 aircraft is designed to deliver up to 50% greater fuel efficiency compared to conventional tube-and-wing jetliners. It will seat approximately 250 passengers and offer a range of 5,000 nautical miles. Initially powered by conventional jet fuel, the aircraft is also being developed with the potential for future hydrogen conversion, JetZero<a href="https://www.jetzero.aero/jetzero-selectsgreensborro-nc-for-factory"> said</a>.
The company says its blended-wing design reduces drag and positions its engines on the upper rear fuselage, enabling significantly quieter operation.
<h2 class="wp-block-heading">Airline Backing and Federal Support</h2>
JetZero has raised over $300 million in funding to date, including U.S. Air Force funding to support development of a full-scale demonstrator scheduled to fly by 2027, according to the<a href="https://apnews.com/article/north-carolina-airplane-plant-jetzero-fdb49ed6c9d38981765ef1f421e3357a"> Associated Press</a>. The company said it has signed conditional purchase agreements with United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) and Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>), and formed a working group with 14 carriers to align the Z4's design with airport compatibility and operational requirements.
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The facility is being developed in partnership with Siemens AG to include AI-driven digital manufacturing systems, with the goal of accelerating production and reducing costs, according to the release.
<h2 class="wp-block-heading">A Strategic Win for North Carolina's Aerospace Ecosystem</h2>
JetZero's headquarters will relocate from Long Beach, California, to Greensboro once the site is operational. Production is scheduled to begin in the first half of 2026, with commercial deliveries targeted for the early 2030s. According to the AP, the company aims to eventually produce up to 20 aircraft per month.
&#8220;This is more than just a factory. It's a launchpad for a new chapter of American aerospace,&#8221; said JetZero CEO Tom O'Leary to the AP.
The North Carolina Department of Commerce said the facility will generate average wages of over $89,000 per year, significantly above the county average. Economic incentives for the project—if all investment and employment milestones are met—could total more than $2.35 billion by the 2060s, including contributions from state and local governments.
"North Carolina was first in flight. We are also the future of flight," North Carolina Gov. Josh Stein said at the formal announcement at Piedmont Triad International Airport, the AP reported.
See Also: <a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.
<h2 class="wp-block-heading">Building A Local Talent Pipeline</h2>
The North Carolina Community College System, with 58 campuses statewide, <a href="https://www.prnewswire.com/news-releases/nc-community-college-system-to-provide-customized-training-program-for-jetzeros-4-7-billion-manufacturing-site-302480312.html">said</a> it will develop a customized workforce training program in partnership with JetZero. A dedicated $32 million training initiative is being coordinated with Guilford Technical Community College and other regional institutions.
JetZero joins a growing aerospace cluster at the Piedmont Triad International Airport, already home to Honda Aircraft, Boom Supersonic, and over 400 aerospace companies across North Carolina, <a href="https://fortune.com/2025/06/13/all-wing-plane-startup-jetzero-plans-build-billion-plant-north-carolina/">Fortune</a> reported.
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Image: Shutterstock

JetZero Bets $4.7B On Revolutionary Aircraft – Could This Challenge Boeing, Airbus? (CORRECTED)

Shares of airline stocks are trading lower amid macro uncertainty and rising oil prices after President Trump denied working on a ceasefire and said everyone should evacuate Tehran.

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Palantir Hits New Peak, AMD Rallies To 6-Month Highs: What's Driving Markets On Monday?

Shares of airline stocks are trading higher, rebounding after falling on Friday. Oil prices have come down and geopolitical uncertainty could be easing amid a report suggesting Iran wants to de-escalate Israel hostilities.

A federal jury convicted Tiron Alexander, 35, of wire fraud and entering secure airport areas under false pretenses after he posed as a flight attendant to book more than 120 free flights across multiple airlines from 2018 to 2024.
What Happened: The U.S. Attorney&#8217;s Office for the Southern District of Florida announced June 5 that Alexander used approximately 30 different badge numbers and fabricated employment dates to exploit airline employee discount systems.
Court evidence showed Alexander flew on 34 flights without payment by claiming he worked for seven different carriers through airline websites restricted to pilots and flight attendants, according to <a href="https://fortune.com/2025/06/14/florida-man-free-flights-flight-attendant/">a</a> Fortune report.
Alexander&#8217;s employment history included legitimate positions as a global ticketing support representative for Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) from 2010-2012, flight attendant for Atlantic Southeast Airlines from 2013-2014, and briefly with Republic Airways in 2015. However, he leveraged this background to create fraudulent credentials across multiple carriers.
The Transportation Security Administration investigated the case, with incidents occurring primarily at Fort Lauderdale-Hollywood International Airport. While court documents don&#8217;t identify specific airlines, booking screenshots indicate Alexander targeted Spirit Airlines Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVEQ#NASDAQ">SAVEQ</a>).
See Also: <a href="https://www.benzinga.com/news/space/25/06/45943559/spacex-ax-4-launch-set-after-june-19-following-propellant-leak-delay">SpaceX Ax-4 Launch Set After June 19 Following Propellant Leak Delay</a>
Why It Matters: Alexander&#8217;s fraud scheme coincided with increased airline fee revenue generation. A Senate investigation in November 2024 revealed that <a href="https://www.benzinga.com/24/11/42202979/senate-targets-airlines-over-124-billion-seat-fees-amid-mounting-scrutiny">major U.S. airlines collected $12.4 billion</a> in seat selection fees between 2018 and 2023.
In 2023 alone, United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) earned $1.3 billion from seating fees—exceeding its revenue from checked baggage for the first time.
Spirit Airlines <a href="https://www.benzinga.com/25/03/44320853/spirit-airlines-bounces-back-from-bankruptcy-set-to-enhance-passenger-services">recently emerged from Chapter 11 bankruptcy protection </a>in March 2025, completing financial restructuring that reduced funded debt by $795 million while securing $350 million in equity investment. The airline expects to re-list shares &#8220;as soon as reasonably practicable.&#8221;
TSA confirmed Alexander underwent standard security procedures and posed no passenger threat despite fraudulent boarding passes. U.S. District Judge Jacqueline Becerra will sentence Alexander August 25, with wire fraud carrying potential penalties of up to 20 years imprisonment and substantial fines.
Read Also:
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Angel DiBilio / Shutterstock.com

Legal

Florida Man Busted For Scoring 120+ Free Flights By Posing As Flight Attendant

These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol class="wp-block-list">
<li>The J. M. Smucker Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) stock fell 13.67% last week after reporting mixed <a href="https://www.benzinga.com//node/45862389" target="_blank" rel="noreferrer noopener">fourth-quarter financial results</a> and issuing fiscal year 2026 EPS guidance below expectations. Multiple analysts also <a href="https://www.benzinga.com/quote/SJM/analyst-ratings" target="_blank" rel="noreferrer noopener">lowered their price forecasts</a>.</li>
<li>Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) stock fell 13.57% last week after the company issued a lower-than-expected <a href="https://www.benzinga.com//node/45885618" target="_blank" rel="noreferrer noopener">fiscal year 2025 sales outlook</a> despite strong first-quarter earnings. Analysts responded by revising <a href="https://www.benzinga.com/quote/CHWY/analyst-ratings" target="_blank" rel="noreferrer noopener">their forecasts downward</a>.</li>
<li>Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>) stock declined 13.06% after reporting its <a href="https://www.benzinga.com//node/45803479" target="_blank" rel="noreferrer noopener">first-quarter financial results</a>.</li>
<li>United Therapeutics Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UTHR#NASDAQ">UTHR</a>) stock dropped 13.03% last week. The stock reacted negatively to positive trial results from rival Insmed. BofA Securities also <a href="https://www.benzinga.com/quote/UTHR/analyst-ratings" target="_blank" rel="noreferrer noopener">lowered its price forecast</a> to $315 while maintaining a Neutral rating.</li>
<li>Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) stock plunged 13.01% last week following bearish options activity and a <a href="https://www.benzinga.com//node/45932268" target="_blank" rel="noreferrer noopener">notable insider sale</a>.</li>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) stock sank 12.78% last week. The decline followed a <a href="https://www.benzinga.com//node/45910389" target="_blank" rel="noreferrer noopener">short report</a> issued by Culper Research.</li>
<li>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) stock lost 12.15% last week. Rising fuel prices after Israel's strikes on Iran pressured airline stocks, and a recent Air India crash may have also weighed on sector sentiment.</li>
<li>Grab Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>) stock fell 11.61% last week.</li>
<li>Edison International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>) stock fell 10.12% after Wolfe Research <a href="https://www.benzinga.com/quote/EIX/analyst-ratings" target="_blank" rel="noreferrer noopener">downgraded the stock</a> from Outperform to Peer Perform.</li>
<li>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) stock fell 9.86% last week. The company <a href="https://www.benzinga.com//node/45899298" target="_blank" rel="noreferrer noopener">continued its decline</a> after its first-quarter earnings, as several analysts downgraded the stock and <a href="https://www.benzinga.com/quote/LULU/analyst-ratings" target="_blank" rel="noreferrer noopener">revised their price forecast</a>.</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares fell 9.72% last week after Goldman Sachs <a href="https://www.benzinga.com/quote/MBLY/analyst-ratings" target="_blank" rel="noreferrer noopener">downgraded its rating</a> on the stock from Buy to Neutral.</li>
</ol>
Read Next:
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<li><a href="https://www.benzinga.com/trading-ideas/movers/25/06/45940507/oracle-ast-spacemobile-and-halliburton-are-among-top-10-large-cap-gainers-last-week-june-9-13-are-the-others-in-your-portfolio">Oracle, AST SpaceMobile And Halliburton Are Among Top 10 Large Cap Gainers Last Week (June 9-13): Are The Others In Your Portfolio?</a></li>
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Photo via Shutterstock

Trading Ideas

CHWY

CVNA

GRAB

LULU

MBLY

UTHR

AppLovin, Chewy And Carvana Are Among Top 11 Large Cap Losers Last Week (June 9-13): Are The Others In Your Portfolio?

Oil is on track for its strongest weekly rally in nearly three years as traders brace for a possible supply crunch after Israel launched major airstrikes against Iran's nuclear and missile infrastructure, reigniting fears of broader conflict <a href="https://www.benzinga.com/topic/middle-east">in the Middle East.</a> 
West Texas Intermediate crude futures briefly spiked as high as $77.50 per barrel during the Asian session before easing to $73 by 8:00 a.m. in New York, still 7% above Thursday&#8217;s close. 
For the week, oil prices – as tracked by the United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) &#8211; have risen by nearly 13%, their largest weekly gain since October 2022.
U.S. gasoline futures were up 4% on Friday to $2.21 a gallon, heading for the strongest weekly rally in three months.
The Israeli strikes killed top Iranian military officials and targeted critical installations, including nuclear and ballistic missile sites, raising the specter of retaliatory moves that could disrupt vital oil flows in the region.
<h2 class="wp-block-heading">Oil Set For Strongest Weekly Rally Since 2022 As Middle East Tensions Flare</h2>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="528" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-1024x528.png" alt="" class="wp-image-948898" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-1024x528.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-300x155.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-768x396.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-1536x792.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-2048x1056.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Chart: TradingView
<h2 class="wp-block-heading">How High Could Oil Go? ING Analyst Sees $120 Risk Scenario</h2>
Warren Patterson, head of commodity strategy at ING, said Iran's role in the global oil market makes the situation highly sensitive. 
"Iran is a meaningful oil producer, pumping 3.3 million barrels per day and exporting around 1.7 million," he said in a research report Friday.
Patterson said disruptions could hit the Strait of Hormuz, a maritime chokepoint that handles nearly one-third of global seaborne crude shipments, in a scenario of continued escalation.
"It still leaves roughly 14 million barrels per day of oil supply at risk," he said, noting that a serious disruption could push prices to $120 per barrel.
He added that Brent crude could test its all-time high of nearly $150 per barrel if disruptions persist toward year-end.
"The renewed standoff between the two countries risks spiraling into a wider conflict," said Alejandro Cuadrado, a strategist at BBVA. He said the volatility spike in oil may spill over into other markets over the weekend.
<h2 class="wp-block-heading">Wall Street Pulls Back: Energy And Defense Names Surge, Travel Stocks Hit Hard</h2>
U.S. equity futures slid Friday as investors reacted to escalating Middle East tensions, with broad declines across major indexes. The S&amp;P 500 fell 0.9%, the Dow Jones Industrial Average lost 1% and the Nasdaq 100 dropped 1.1%.
Energy stocks outperformed sharply during premarket trading, buoyed by the surge in crude prices. Occidental Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) rose 4.8% to $46.91, APA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APA#NASDAQ">APA</a>) added 4.76% and Diamondback Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>) advanced 4.68%. 
Oilfield service firms joined the rally, with Halliburton Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) and Schlumberger Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) both gaining over 4%.
Defense contractors also moved up. Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) rose 3.94% to $516.71, while Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) and RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) climbed 3.1% and 4%, respectively.
By contrast, travel stocks faced heavy pressure as higher energy costs and geopolitical uncertainty pressured the sector. Carnival Corp. &amp; plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) sank 5.24%, United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) fell 4.82% and Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) slid 4.58%.
Read now: <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45922984/trump-numbskull-fed-powell-inflation-interest-rates-israel-iran-oil">Trump&#8217;s &#8216;Numbskull&#8217; Insult Comes Back To Bite—In Record Time</a>
Photo: Shutterstock

Commodities

FANG

The $120 Oil Shock Just Became A Real Risk: Are We Back In 2022?

Press Releases

Reimagined United Polaris® Lounge Opens in Chicago with 50% More Space and Crate & Barrel Decor

Contracts

Air to Jet Fuel: United Announces Investment in Power-to-Liquid Fuels Company Twelve

United Unveils the Elevated Aircraft Interior: Higher Standard of Premium International Travel Includes New Business Class Suites, Caviar Service and Largest Seatback Screens in the U.S. on new 787 Dreamliners

Small Cap

Shift4 and UATP Agree to Deliver Enhanced Payment Solution to Global Travel Market

United Airlines to Present at the Bernstein 41st Annual Strategic Decisions Conference

United and Association of Flight Attendants reach agreement

JetBlue and United Announce Blue Sky: Unique Consumer Collaboration That Links Loyalty Programs

Entertainment

United and Spotify Announce Unique Collaboration: Music, Podcasts, and Audiobooks Now Available on 130,000+ Seatback Screens

United Mobile App Now Gives People More Information About Their Connecting Flight

United to Hold Webcast of Second-Quarter 2025 Financial Results

FOUR

TKHVY

TSX:AC

American Airlines Group, Inc. - Common Stock

American Airlines Group

Allegiant Travel

Alaska Air Gr

Blade Air Mobility, Inc. - Class A Common Stock

Blade Air Mobility

Copa Holdings

Delta Air Lines

flyExclusive

JetBlue Airways Corporation - Common Stock

JetBlue Airways

Joby Aviation

Jet AI

LATAM Airlines Group S.A. American Depositary Shares (each representing two thousand (2,000) shares of Common Stock)

LATAM Airlines Group

Southwest Airlines

Mesa Air Group

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares

Ryanair Hldgs

SkyWest

Sun Country Airlines Holdings, Inc. - Common Stock

Sun Country Airlines

Volato Group

Surf Air Mobility

Frontier Group Holdings, Inc. - Common Stock

Frontier Group Holdings

Wheels Up Experience Inc. Class A Common Stock

Wheels Up Experience

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
02:27 PMJun 27, 2025	PUT	$80.00	Sep 19, 2025	76	1013	853	44	2289	SWEEP	NEUTRAL
03:39 PMJun 20, 2025	PUT	$115.00	Jul 18, 2025	13	260	260	283	92	TRADE	BEARISH

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