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United Airlines Holdings
UAL · NASDAQIndustrials · Airlines
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Inputsjets, engines, fuel & cap…Operatorthe airline at the centreWhat it sellsseats, cargo & loyaltyNetwork & hubshow it fliesCustomerswho paysBABoeingAIRAirbusERJEmbraerENGEngine makersFUELJet fuelCAPCapital & investorsUALUnited Airlines HoldingsPAXPassenger flyingMPMileagePlusCGOCargo & otherHUBHub networkSTARStar Alliance & partnersYOULeisure & premium travellersCORPCorporate & governmentJPMJPMorgan ChaseSHIPCargo shippers
Company details
Market cap
~$44B
P/E ratio
~12×
Revenue
$59.1B
Rev. growth
+3.5%
Pre-tax margin
~7.3%
EPS (2025)
~$10.6 adj.
Fleet
~1,000 + 637 on order
Daily flights
5,000+
In plain English
United Airlines runs one of the world's largest route networks from eight US hubs (Chicago, Denver, Newark, Houston, San Francisco, Los Angeles, Washington and Guam). It buys jets from Boeing and Airbus, burns billions of dollars of jet fuel a year, and turns it all into passenger seats, cargo and a high-margin MileagePlus loyalty machine — increasingly tilted toward premium cabins and transatlantic/Pacific flying.
In simple terms
What United Airlines Holdings really sells
United Airlines runs one of the world's largest route networks from eight US hubs (Chicago, Denver, Newark, Houston, San Francisco, Los Angeles, Washington and Guam). It buys jets from Boeing and Airbus, burns billions of dollars of jet fuel a year, and turns it all into passenger seats, cargo and a high-margin MileagePlus loyalty machine — increasingly tilted toward premium cabins and transatlantic/Pacific flying.
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