United Airlines' 12.75 percent secured notes due in 2012 have jumped 19.93 cents on the dollar to 110 cents to yield 8 percent, according to Trace, the bond price reporting system of the Financial Industry Regulatory Authority. The Chicago based company's debt has risen the most of any notes issued in 2009 by a U. S carrier, according to data compiled by Bloomberg. Pensions and large bond funds have sought higher yielding airline debt that is guaranteed by collateral to boost returns as business travel increases, said Jeff Straebler, a fixed income analyst at RBS. High yield, high risk airline debt has returned 4.85 percent this year, compared with 3.67 percent for the overall junk bond market, according to Bank of America Merrill Lynch index data. "Business travel has been picking up continuously," Straebler said in a telephone interview from Stamford, Connecticut 
Share:  <span class="company">United Airlines</span>' 12.75 percent secured notes due in 2012 have jumped 19.93 cents on the dollar to 110 cents to yield 8 percent, according to Trace, the bond price reporting system of the Financial Industry Regulatory Authority. The Chicago based company's debt has risen the most of any notes issued in 2009 by a U. S carrier, according to data compiled by Bloomberg.<span class="sent"> Pensions and large bond funds have sought higher yielding airline debt that is guaranteed by collateral to boost returns as business travel increases, said <span class="analyst">Jeff Straebler</span>, a fixed income analyst at RBS. High yield, high risk airline debt has returned 4.85 percent this year, compared with 3.67 percent for the overall junk bond market, according to Bank of America Merrill Lynch index data.</span> "Business travel has been picking up continuously," Straebler said in a telephone interview from Stamford, Connecticut....<span class="company">United Airlines</span>' 12.75 percent secured notes due in 2012 have jumped 19.93 cents on the dollar to 110 cents to yield 8 percent, according to Trace, the bond price reporting system of the Financial Industry Regulatory Authority. The Chicago based company's debt has risen the most of any notes issued in 2009 by a U. S carrier, according to data compiled by Bloomberg.<span class="sent"> Pensions and large bond funds have sought higher yielding airline debt that is guaranteed by collateral to boost returns as bus Tweet this 

United Airlines, the third largest U. S carrier, this week reported revenue for each seat flown a mile increased as much as 19 percent in February, exceeding the 16 percent estimate by Stifel Nicolaus & Co analyst Hunter Keay. 
Share:  <span class="sent"><span class="company">United Airlines</span>, the third largest U. S carrier, this week reported revenue for each seat flown a mile increased as much as 19 percent in February, exceeding the 16 percent estimate by Stifel Nicolaus & Co analyst <span class="analyst">Hunter Keay</span>.</span> Tweet this 

"My guess on UAL is that the market is pricing in the potential for a merger," said Morningstar airline analyst Basili Alukos. 
Share:  <span class="sent">"My guess on <span class="company">UAL</span> is that the market is pricing in the potential for a merger," said <span class="analyst">Morningstar</span> airline analyst Basili Alukos.</span> Tweet this 

. "My guess on UAL is that the market is pricing in the potential for a merger," said Morningstar airline analyst Basili Alukos. 
Share:  <span class="sent">. "My guess on <span class="company">UAL</span> is that the market is pricing in the potential for a merger," said <span class="analyst">Morningstar</span> airline analyst Basili Alukos.</span> Tweet this 

"My guess on UAL is that the market is pricing in the potential for a merger," said Morningstar airline analyst Basili Alukos. 
Share:  <span class="sent">"My guess on <span class="company">UAL</span> is that the market is pricing in the potential for a merger," said <span class="analyst">Morningstar</span> airline analyst Basili Alukos.</span> Tweet this 

Delta and AMR are the world's largest carriers, while UAL is No 3 in the US Market reaction may be accentuated this week by low trading volume between the Christmas and New Year's Day holidays, said Jeff Straebler, an RBS Securities Inc analyst 
Share:  <span class="sent">Delta and AMR are the world's largest carriers, while <span class="company">UAL</span> is No 3 in the US Market reaction may be accentuated this week by low trading volume between the Christmas and New Year's Day holidays, said <span class="analyst">Jeff Straebler</span>, an RBS Securities Inc analyst</span> Tweet this 

UAL Corporation ( UAUA , Analyst Report ) reported a fourth quarter loss of $1.05 per share, better than the Zacks Consensus Estimate of a loss of $1.47. Last year, the loss was $431 The company's loss narrowed during the quarter due to an improvement in demand for business and premium travel along with lower operating costs 
Share:  <span class="sent"><span class="company">UAL Corporation</span> ( UAUA , Analyst Report ) reported a fourth quarter loss of $1.05 per share, better than the Zacks Consensus Estimate of a loss of $1.47. </span> Last year, the loss was $431 The company's loss narrowed during the quarter due to an improvement in demand for business and premium travel along with lower operating costs Tweet this 

ANALYST TAKE: Analysts in general have been bullish on Chicago based United because it stands to benefit so much if the economy recovers Next Generation Equity Research analyst Dan McKenzie raised his UAL price target to $19, from $13 previously He wrote that UAL is his second highest airline pick, behind US Airways Group Inc McKenzie wrote that United is "the airline most levered to a recovery in international demand" WHAT'S AHEAD: Maybe a merger with Continental The two have long been seen as likely partners, although Continental has resisted so far 
Share:  ANALYST TAKE: Analysts in general have been bullish on Chicago based United because it stands to benefit so much if the economy recovers<span class="sent"> Next Generation Equity Research analyst <span class="analyst">Dan McKenzie</span> raised his <span class="company">UAL</span> price target to $19, from $13 previously He wrote that <span class="company">UAL</span> is his second highest airline pick, behind US Airways Group Inc McKenzie wrote that United is "the airline most levered to a recovery in international demand"</span> WHAT'S AHEAD: Maybe a merger with Continental The two have long been seen as likely partners, although Continental has resisted so far...ANALYST TAKE: Analysts in general have been bullish on Chicago based United because it stands to benefit so much if the economy recovers<span class="sent"> Next Generation Equity Research analyst <span class="analyst">Dan McKenzie</span> raised his <span class="company">UAL</span> price target to $19, from $13 previously He wrote that <span class="company">UAL</span> is his second highest airline pick, behind US Airways Group Inc McKenzie wrote that United is "the airline most levered to a recovery in international demand"</span> WHAT'S AHEAD: Maybe a merger with Continental The two have long been seen as likely partners, although Continental has resisted so far...<span class="sent">Next Generation Equity Research analyst <span class="analyst">Dan McKenzie</span> raised his <span class="company">UAL</span> price target t Tweet this