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United Airlines shares take off after announcing positive guidance

July 13, 2016

Via: CNBC
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United Continental shares soared nearly 9 percent on Tuesday after the airline company announced positive guidance and reported an uptick in passenger traffic.

The Chicago-based company reported a 6.5 to 6.75 percent drop in passenger unit revenue in the second quarter of 2016 compared with last year. Analysts expected a 7 percent decline, according to Reuters.

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