Highest-materiality recent filing
United CEO confirms merger approach to American Airlines; talks ended after rejection
CEO Scott Kirby approached American Airlines about a combination but American declined to engage, ending merger pursuit.
United Q1 EPS $2.14 (+85% YoY); revenue up 10.6%; cuts 5 pts of capacity
Q1 diluted EPS $2.14, up 85% YoY; adjusted diluted EPS $1.19, up 31% YoY.
United Airlines issues $1B of 4.875% Senior Notes due 2029
$1B principal of 4.875% Senior Notes due March 1, 2029, issued via public offering.
United Airlines Q4 EPS $3.19, FY EPS $10.20; revenue record $15.4B
Full-year diluted EPS $10.20 (up 8% YoY); adjusted diluted EPS $10.62.
United Airlines Q3 adjusted EPS $2.78 beats guidance; Q4 outlook $3.00-$3.50 above expectations
Q3 diluted EPS $2.90, adjusted diluted EPS $2.78 (guidance $2.25-$2.75); Q4 adjusted EPS guidance $3.00-$3.50.
United Airlines Q2 adjusted EPS $3.87, beats guidance; FY2025 view $9-$11
Q2 diluted EPS $2.97, adjusted diluted EPS $3.87 vs guidance $3.25-$4.25
United Airlines redeems $1.52B 2027 notes, unencumbers MileagePlus assets
Redeemed all $1.52B of 6.50% Senior Secured Notes due 2027 using cash on hand; no refinancing.
Q1 pre-tax earnings $478M (margin 3.6%), adjusted $391M (3.0%); diluted EPS $1.16, adjusted EPS $0.91, within guidance.
United Airlines denies M&A rumor; no discussions with any airline
United is not in negotiations or discussions with any airline regarding a merger, acquisition or similar strategic transaction.
United Airlines reports record Q4 profit; adjusted EPS $3.26 beats
Q4 net income $1.0B, adjusted $1.1B; diluted EPS $2.95, adj. $3.26.
United Airlines Q3 adj. EPS $3.33 beats guidance; announces $1.5B share repurchase
Adjusted diluted EPS $3.33 vs. guidance $2.75–$3.25; revenue $14.8B, up 2.5% YoY.
United Airlines Q2 adjusted EPS $4.14 in line; reaffirms FY2024 guidance $9-$11
Q2 pre-tax earnings $1.7B (11.6% margin); adjusted pre-tax $1.8B (12.1% margin).
United Airlines prepays $1.8B term loan in full, terminates credit facility
On July 2, 2024, Mileage Plus Holdings entities prepaid $1.8B outstanding principal plus accrued interest and fees under the Term Loan Facility.
Q1 2024 net loss $124M, diluted loss per share $0.38; adjusted net loss $50M, adjusted diluted loss per share $0.15.
On January 15, 2025, ALPA-MEC designated Brian Noyes to fill the vacancy on the Board resulting from Captain Worster’s departure, effective immediately.
On January 13, 2025, the Company received notice that Captain Worster was no longer the chairperson of the ALPA-MEC and, accordingly, Captain Worster resigned from the Board effective immediately.
On September 16, 2024, Linda Jojo, Executive Vice President and Chief Customer Officer of United Airlines Holdings, Inc. (the “Company”), the parent company of United Airlines, Inc., informed the Company of her intention to retire from the Company, effective January 2, 2025.
elected Michelle Freyre to serve as a member of the Board effective on April 1, 2024
Carolyn Corvi and James A. C. Kennedy each notified the Board that they would retire and resign from the Board at the end of their current terms effective as of the date of the 2024 Annual Meeting of Stockholders.
Carolyn Corvi and James A. C. Kennedy each notified the Board that they would retire and resign from the Board at the end of their current terms effective as of the date of the 2024 Annual Meeting of Stockholders.
Max materiality 0.85 · Median 0.65 · Most common event earnings