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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

United says it's investing in Swedish electric-plane firm

CHICAGO (AP) — United Airlines says it is investing in a startup that is trying to build electric-powered aircraft and might buy 100 of the small planes.

The airline declined Tuesday to say how much money it will put into Sweden-based Heart Aerospace.

Heart vows to produce and win regulatory approval of its ES-19 design by 2026. United said the plane “has the potential” to carry passengers short distances by the end of the decade.

United said it has “conditionally agreed” to buy 100 of the 19-seat planes if they meet the airline's safety, business and operating needs, which it didn't spell out. It said that Mesa Airlines, which operates many United Express regional flights, made a similar pledge for 100 planes.

This is the latest in a series of announcements by United expressing interest in electric and supersonic planes.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
United Airlines (UAL)
4.9237 of 5 stars
$51.42+5.5%N/A6.36Moderate Buy$66.20
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