United Airlines Holdings Inc banner

United Airlines Holdings Inc
XMUN:UAL1

Watchlist Manager
United Airlines Holdings Inc Logo
United Airlines Holdings Inc
XMUN:UAL1
Watchlist
Price: 91.04 EUR -2.8%
Market Cap: €29.9B

United Airlines Holdings Inc
Investor Relations

United Airlines Holdings is the parent company of United Airlines, a large network airline that carries passengers and cargo on domestic and international routes. It sells tickets for flights, seat upgrades, baggage, and other travel services, and it also moves freight in the cargo hold and on dedicated cargo flights. Its main customers are leisure travelers, business travelers, and freight shippers who need access to a wide route network and airport connections. The company makes money mostly from passenger fares, along with fees for add-ons such as checked bags, preferred seating, and premium cabin services. It also earns from cargo, loyalty-program partnerships, and airport-related services tied to its flight network. Because airline profits depend heavily on filling seats and managing a complex schedule, United’s business is built around matching aircraft, crews, airports, and connecting flights better than a simple point-to-point carrier. What makes United different is its hub-and-spoke model: it routes travelers through major hubs so it can serve many city pairs with a large global network. That gives it a strong role in connecting smaller cities to long-haul and international destinations, where many travelers need one carrier to book and manage the whole trip. It is a transportation business first, with revenue driven by how effectively it moves people and cargo across that network.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 22, 2026
AI Summary
Q1 2026

Record revenue: United said first-quarter operating revenue rose 10.6% year over year to a record $14.6 billion, with PRASM up 6.9% and strong demand across regions and customer segments.

Fuel pressure: Management said jet fuel prices have doubled and is now focused on passing through 100% of the increase by cutting capacity, raising fares, and adding fees where appropriate.

Guidance widened: United guided second-quarter EPS to $1 to $2 and full-year 2026 EPS to $7 to $11, while expecting 40% to 50% fuel recapture in Q2 and 85% to 100% by Q4.

Capacity cuts: United is proactively reducing capacity by about 5 points for the rest of the year and now expects Q3 and Q4 capacity to be flat to up about 2% year over year.

Brand strategy: Executives leaned heavily on the idea that United is becoming a more premium, brand-loyal airline, citing stronger loyalty revenue, premium demand, and new commercial initiatives across the app, cabins, fleet, and MileagePlus.

Balance sheet: The company paid down more than $3.1 billion of debt, raised $2 billion in unsecured bonds, and said it remains on track toward investment grade.

Key Financials
Operating revenue
$14.6 billion
PRASM
6.9%
Premium revenue
13.6%
Premium RASM
8.9%
Business revenue
14%
Loyalty revenue
13%
Earnings per share
$1.19
Pretax margin
3.4%
Free cash flow
$2.9 billion
Fuel bill increase
$340 million
CASM ex
5.9%
Capacity
flat to up 2%
Fuel recapture
40% to 50%
Fuel price
approximately $4.30 per gallon
Debt paid down
more than $3.1 billion
Unsecured bond issuance
$2 billion
5-year bond coupon
5 and 3/8
3-year bond coupon
4 and 7/8
MileagePlus app usage
86%
Share of lower-priced capacity sold before fuel increase
23% of Q2 capacity and 8% of Q3 capacity
Earnings Call Recording
Other Earnings Calls

Management

Mr. J. Scott Kirby
CEO & Director
No Bio Available
Mr. Brett J. Hart
President
No Bio Available
Mr. Michael D. Leskinen CFA
Executive VP & CFO
No Bio Available
Mr. Torbjorn J. Enqvist
Executive VP & COO
No Bio Available
Mr. Gregory L. Hart
Executive VP & Special Advisor
No Bio Available
Ms. Linda P. Jojo
Executive VP & Chief Customer Officer
No Bio Available
Ms. Brigitte Bokemeier
VP, Principal Accounting Officer & Controller
No Bio Available
Mr. Jason Birnbaum
Chief Information Officer
No Bio Available
Ms. Kristina Munoz Edwards
Managing Director of Investor Relations
No Bio Available
Mr. Josh Earnest
Executive VP of Communications & Advertising
No Bio Available

Contacts

Address
ILLINOIS
Chicago
E. Anna Ha - Whqld, 233 South Wacker Drive
Contacts
+18728254000.0
ir.united.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett