Shares of United Airlines Holdings Inc
United has begun construction on a 140,000-square-foot Ground Service Equipment (GSE) Maintenance Facility and unveiled a Technical Operations Training Center at George Bush Intercontinental Airport (IAH).
These initiatives are key components of United's strategy to address increasing passenger demand while advancing employee development and sustainability goals.
United Airlines has allocated $177 million to the construction of a new Ground Service Equipment Maintenance Facility, a vital addition to support its expanding fleet of ground service equipment.
Scheduled for completion in 2027, the facility, designed to address both present and future requirements, is part of United's broader plan to strengthen its presence in Houston, where the airline employs over 14,000 people and operates 500 daily flights.
The facility is expected to provide a 25% increase in repair space, 60% increase in shop space, 80% increase in storage capacity and a 50% increase in shared spaces.
The air carrier has also invested $16 million in the newly launched Technical Operations Training Center in Houston, to prepare technicians for the airline's expanding fleet.
The TTC offers a hands-on training environment with advanced tools such as simulators for Boeing 737 and 787 troubleshooting and specialized engine inspections.
Since 2021, United has invested more than $32 billion worldwide, including billions in modern infrastructure, technology and nearly $10 billion alone in employee raises.
"This investment reflects our long-term vision for Houston as a critical hub for United's operations and our commitment to sustainability, efficiency, and growth," said Vice President of Airport Operations, Phil Griffith.
With the introduction of these new facilities, the airline continues to expand its local workforce in Houston, having hired over 2,100 employees in 2023 alone and added over 600 new team members in 2024. This expansion is also expected to create an additional 4,000 construction jobs.
Price Action: UAL shares traded higher by 0.05% at $80.26 at last check Tuesday.
