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United Airlines Holdings information


United Airlines Holdings, Inc.
Formerly
  • UAL, Inc. (1968–1987)
  • Allegis Corporation (1987–1988)
  • UAL Corporation (1988–2010)
  • United Continental Holdings, Inc. (2010–2019)
Company typePublic
Traded as
  • Nasdaq: UAL
  • DJTA component
  • S&P 500 component
IndustryAviation
FoundedDecember 30, 1968; 54 years ago in Chicago, Illinois, United States
Headquarters
  • Willis Tower,
  • Chicago, Illinois, U.S.
Area served
Worldwide
Key people
  • Ted Philip (chairman)
  • Scott Kirby (CEO)
  • Brett J. Hart (president)
ServicesAirline services
RevenueIncrease US$53.7 billion (2023)[1]
Operating income
Increase US$4.21 billion (2023)[1]
Net income
Increase US$2.62 billion (2023)[1]
Total assetsIncrease US$71.1 billion (2023)[1]
Total equityIncrease US$9.32 billion (2023)[1]
Number of employees
103,300 (2023)[1]
SubsidiariesUnited Airlines
United Express operated by:
  • Air Wisconsin
  • CommutAir
  • GoJet Airlines
  • Mesa Airlines
  • Republic Airways
  • SkyWest Airlines
Websiteir.united.com
Footnotes / references
[2]

United Airlines Holdings, Inc. (formerly known as United Continental Holdings, Inc., UAL Corporation, Allegis Corporation and founded originally as UAL, Inc.[3]) is a publicly traded airline holding company headquartered in the Willis Tower in Chicago.[4] UAH owns and operates United Airlines, Inc.

UAL Corporation agreed to change its name to United Continental Holdings in 2010, when an agreement was reached between United and Continental Airlines where the two airlines merged in an $8.5 billion all-stock merger of equals on October 1, 2010. To effect the acquisition, Continental shareholders received 1.05 shares of UAL stock for each Continental share; at the time of closing, it was estimated that United shareholders owned 55% of the merged entity and Continental shareholders owned 45%.[5] The company or its subsidiary airlines also have several other subsidiaries. Once completely combined, United became the world's largest airline, as measured by revenue passenger miles. United is a founding member of the Star Alliance.[6]

UAH has major operations at Chicago–O'Hare, Denver, Guam, Houston–Intercontinental, Los Angeles, New York/Newark, San Francisco, and Washington–Dulles. Additionally, UAH's United is the largest U.S. carrier to the People's Republic of China and maintains a large operation throughout Asia.[6]

UAH uses Continental's operating certificate and United's repair station certificate, having been approved by the FAA on November 30, 2011.[7][8]

On June 27, 2019, the name of the parent company was changed from United Continental Holdings to United Airlines Holdings.[9]

  1. ^ a b c d e f "United Airlines, Inc. 2023 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. February 29, 2024. Retrieved March 18, 2024.
  2. ^ "Company Overview". United Airlines Holdings, Inc. Retrieved June 29, 2019.
  3. ^ "United States Securities And Exchange Commission: Form 8-K Current Report". United Airlines Holdings. October 1, 2010.
  4. ^ Golab, Art (August 13, 2012). "United commits to Willis as HQ, with lease through 2028". Chicago Sun-Times. Archived from the original on August 18, 2012. Retrieved October 3, 2010.
  5. ^ "Investor Relations – News". United Continental Holdings, Inc. Archived from the original on July 10, 2012. Retrieved February 12, 2011.
  6. ^ a b "United and Continental Announce Merger of Equals to Create World-Class Global Airline". United Continental Merger.com. May 3, 2010. Archived from the original on May 6, 2010. Retrieved October 21, 2013.
  7. ^ "Investor Relations – News". United Continental Holdings, Inc. Archived from the original on July 9, 2012. Retrieved November 30, 2011.
  8. ^ Peterson, Kyle (November 30, 2011). "United gets FAA single operating certificate". London. Reuters.
  9. ^ Rucinski, Tracy; Shivdas, Sanjana (June 27, 2019). "United Continental changes name to United Airlines Holdings Inc". Reuters.

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