What's Going On With United Airlines Shares Friday?

Zinger Key Points
  • United Airlines announced its media network named Kinective.
  • The platform enables companies to market its products or services across United's platforms in a personalized manner.

United Airlines Holdings, Inc. UAL shares are trading flat Friday. The company recently announced the launch of its new media network.

What Happened: On Friday morning, United Airlines announced its media network entitled Kinective, the first media network to use travel insights for personalized, real-time ads, content and offers from top brands.

Kinective enables companies to market its products or services across United’s platforms in a personalized manner. This includes their mobile app and inflight entertainment systems. The company is already working with brands, such as Norwegian Cruise Line, Macy’s, Chase United Co-Brand Credit Cards and TelevisaUnivision.

Additionally, the airline expects its loyalty members will receive additional value through more personalized and real-time offers

“United gives brands across a wide range of industries the ability to reach engaged customers throughout the entire marketing funnel – from brand consideration to conversion – in a way that’s highly personalized and relevant, and we’re already seeing impressive results,” said Richard Nunn, CEO of MileagePlus.

Kinective Media plans a formal commercial launch at the Cannes Lions International Festival of Creativity.

See Also: 12 Industrials Stocks Moving In Thursday’s After-Market Session

UAL Price Action: United Airlines shares are down .39% at $53.03 at the time of writing per data from Benzinga Pro.

Image: Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMoverswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...