secwatch.observer — SEC 8-K summary
======================================

Issuer:     United Airlines Holdings, Inc. (UAL)
CIK:        0000100517
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0000100517-23-000113
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Airlines Q1 net loss $194M; Q2 adj EPS target $3.50-$4.00, FY $10-$12
----------------------------------------------------------------------------

- Net loss $194M ($0.59 loss per share); adjusted net loss $207M ($0.63 adjusted loss per share).
- Total operating revenue $11.4B, up 51.1% YoY; TRASM up 22.5%.
- Q2 adjusted diluted EPS guidance $3.50-$4.00; FY 2023 guidance reiterated at $10-$12.
- Record Q1 operating cash flow >$3B; reduced adjusted debt by $4.6B over last 12 months.
- CASM-ex down 0.1% YoY; capacity (ASMs) up 23.4% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100517/000010051723000113/0000100517-23-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100517/000010051723000113/ual-20230418.htm
  HTML page:      https://secwatch.observer/filing/0000100517-23-000113

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer