United jumps as CE vows airline makeover from hubs to routes

United Continental Holdings rose to its highest value in almost 3 months after CE Oscar Munoz said he is reviewing all aspects of the airline’s operations in an effort to boost profitability. “It is a top-to-bottom, full-scale view on everything that we do,” Munoz said Wednesday. “It’s something that we have to do and acknowledge, and that involves management structure.” In a note to employees Wednesday, Munoz said the company will examine the mission of its hubs and smaller “spoke” airports while also seeking ways to modernise operations and information technology. United, which is trying to become as profitable as other major US airlines, announced a strategy last month to create or save an extra US$3.1b by 2018 through selling more premium-cabin seats, using larger jets and other measures. <br/>