October 01, 2016 1:10 PM ET

Airlines

Company Overview of United Airlines, Inc.

Company Overview

United Airlines, Inc. provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2015, the company operated 1,236 aircraft. It also sells fuel; and offers catering, ground handling, and maintenance services for third parties. The company was founded in 1934 and is headquartered in Chicago, Illinois. United Airlines, Inc. operates as a subsidiary of United Continental Holdings, Inc.

233 South Wacker Drive

Chicago, IL 60606

United States

Founded in 1934

87,500 Employees

Phone:

872-825-4000

Key Executives for United Airlines, Inc.

Chief Executive Officer, Director, Member of Executive Committee and Member of Finance Committee
Age: 57
President
Chief Financial Officer and Executive Vice President
Age: 46
Chief Operations Officer and Executive Vice President
Age: 50
Chief Revenue Officer and Vice Chairman
Age: 60
Compensation as of Fiscal Year 2016.

United Airlines, Inc. Key Developments

United Airlines, Inc. Announces Consolidated Traffic Results for the Month of August 2016; Provides Traffic Guidance for the Third Quarter of 2016; Provides Financial Guidance for the Full Year 2016

United Airlines, Inc. announced consolidated traffic results for the month of August 2016. For the month, consolidated traffic (revenue passenger miles) increased 0.6% and consolidated capacity (available seat miles) increased 1.9% against August 2015. UAL's August 2016 consolidated load factor decreased 1.1 points compared to August 2015. The company provided traffic results guidance for the third quarter of 2016. For the quarter, the company continues to expect third-quarter 2016 consolidated passenger unit revenue per available seat mile (PRASM) to decline 5.5% to 7.5% compared to the third quarter of 2015. The year-over-year performance is primarily impacted by demand growth not keeping pace with capacity growth, soft close-in yields, competitive actions and travel reductions in the energy sector. For the full-year 2016, the company now expects CASM excluding fuel, profit sharing and third-party business expenses to increase 2.5% to 3.5% compared to the full-year 2015, with the increase against prior guidance due to the flight attendant agreement.

United Airlines Appoints Scott Kirby as President

United Continental Holdings reported that Scott Kirby has been named president of United Airlines. In this newly created role, UAL noted, Kirby will assume responsibility for United's operations, marketing, sales, alliances, network planning and revenue management. Kirby's appointment is effective immediately and he will report to Oscar Munoz, United's CEO. Kirby joins the company from American Airlines, where he held the title of president since the merger of American and US Airways in 2013.

United Airlines Service to Havana Starts November 29

The countdown to Cuba is officially underway at United Airlines after the U.S. Department of Transportation (DOT) awarded the company final approval to launch service to Havana from two of its hubs this fall. Beginning Nov. 29, United will start daily nonstop flights to the Cuban capital from New York/Newark and Saturday nonstop service from Houston with both services subject to government approval. Customers can begin booking flights to Havana via united.com from September 1, 2016. Since the DOT announced its preliminary Havana route awards in July, United has been working closely with the Cuban government to prepare for the start of its operation into José Martí International Airport. United's services to Havana will mark the company's 13th new international route launched in 2016. Since March, United has started nonstop service between the U.S. and Auckland, New Zealand; Tel Aviv, Israel; Xi'an, China; Singapore; Hangzhou, China; Athens, Greece; Barcelona, Spain; Providenciales, Turks and Caicos; Nassau, Bahamas, and Lisbon, Portugal. Daily nonstop service from New York/Newark (EWR): United's daily nonstop flight from Newark Liberty International Airport will provide an important gateway to Cuba from the Newark/New York City region, the metropolitan area in the country and home to the second-largest population of Cuban Americans. For more than 20 years, United has offered the Newark/New York City region the most flights to the most destinations around the world. Saturday nonstop service from Houston (IAH): Recognized by "Trusted Traveler Network" as one of the most international-friendly points of entry for foreign travelers, Houston Bush Intercontinental Airport is United's gateway to Latin America. United offers 91 daily nonstop flights to 52 destinations across Latin America and the Caribbean from its Houston hub. Bush Intercontinental will be an important gateway for service to Havana and will directly connect 20 markets across the central and western United States to Cuba with just one stop.

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