United airlines, Inc: unprecedent challenge in the global aviation industry: United’s outlook in a post-Covid-19 scene an equity research report on United Airlines (UAL: NYSE)

• Autor(a) principal: Moreira, Maria João Sá
• Data de Publicação: 2021
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10362/133359
• topic: United airlines; Covid-19; Network carrier; Valuation; Domínio/Área Científica::Ciências Sociais::Economia e Gestão

This equity research report will first be focusing on the North American Arline industry, and after wards on the long-term impact caused by the Global pandemic outbreak –Covid-19. A further analysis will then be conducted with regards do United Airlines Inc. (UAL:NYSE), applying the previous research to provide a fair valuation for the group, resulting in an sustained recommendation of whether an investor should consider invest in UAL, or not. Although the unprecedent challenges faced, United was the one with the most efficient crisis management techniques among the Network carriers. It is expected that revenues will start to increase in 2021 and the return of EBITDA margins to previous levels after 2023.