Starting today, U.S.-based travelers can now use Venmo to pay for flights at checkout, the airline announced in a statement. This widely used peer-to-peer mobile payment app, powered by PayPal, allows users to send payments to individuals and retailers using their Venmo balance, linked bank accounts, or debit and credit cards.
Shares of United Airlines rallied in after-hours trading Tuesday, as a record number of travelers lifted fourth-quarter results and the company offered an upbeat forecast for the first quarter.
Venmo payment options are available on the airline’s website and will roll out on their mobile app “in the coming months,” the carrier announced.
United Airlines said profit and revenue grew in the fourth quarter boosted by strong demand for all its products, as well as an influx of passengers and flights. The airline on Tuesday reported net income of $985 million, or $2.95 a share, compared with $600 million, or $1.81 a share, in the same period a year ago.
JetBlue (JBLU) is now accepting Venmo (PYPL) as a payment option for flights booked on its website, making it the first airline to do so, the company announced on Tuesday.
United Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street estimates in the fourth quarter on robust travel demand and improved pricing power.
U.S. stocks are up firmly in positive territory a little past noon on Tuesday with investors assessing the possible impact of the
The ubiquity of PayPal checkout means you'll have many chances to snag a high rewards rate. Non-PayPal purchases, though, earn a less-spectacular rate, and the card lacks a few key features.
United Airlines said on Friday it is donating $1 million to President-elect Donald Trump's inaugural committee and said CEO Scott Kirby plans to attend various events over the long holiday weekend. Kirby will attend dinners on Saturday and Sunday but not the actual inauguration itself that was moved inside due to extreme cold forecasted.
United Airlines outperformed six of the Magnificent Seven stocks last year, while Delta and American Airlines also notched double digit returns.
Instead, this issue is pitting self-described populist anti-immigration MAGA hard-liners like Steve Bannon against Trump advisers such as Elon Musk, Vivek Ramaswamy and Sriram Krishnan - all successful businesspeople, and all strong supporters of skilled immigration and a country open to talent.
Venmo payment options are the latest announcement in a broader effort from JetBlue to enhance its services and boost profits. The struggling low-cost carrier has searched for new revenue streams as larger airlines introduce their own budget options, increasing competition for those flyers.