secwatch.observer — SEC 8-K summary
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Issuer:     United Airlines Holdings, Inc. (UAL)
CIK:        0000100517
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0000100517-26-000089
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Q1 EPS $2.14 (+85% YoY); revenue up 10.6%; cuts 5 pts of capacity
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- Q1 diluted EPS $2.14, up 85% YoY; adjusted diluted EPS $1.19, up 31% YoY.
- Total operating revenue +10.6% YoY; total revenue per ASM +6.9% YoY.
- Pre-tax earnings $0.9B, pre-tax margin 6.0% (+2.3 pts); adjusted pre-tax $0.5B, adjusted margin 3.4% (+0.4 pts).
- Plans to reduce 5 points of planned capacity for remainder of 2026; Q3/Q4 capacity flat to +2% YoY.
- Premium revenue +14%, loyalty +13%, Basic Economy +7% YoY; fuel expense rose $340M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100517/000010051726000089/0000100517-26-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100517/000010051726000089/ual-20260421.htm
  HTML page:      https://secwatch.observer/filing/0000100517-26-000089

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