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United Airlines Fourth-Quarter and Full-Year Financial Results

United Airlines Fourth-Quarter and Full-Year Financial Results

18 January 2023 Press Release Airline News

United Airlines (UAL) today reported fourth-quarter and full-year 2022 financial results. The company exceeded adjusted operating margin1 guidance in the fourth quarter reporting a 11.1% operating margin; 11.2% operating margin on an adjusted basis1. Additionally the company reported a 9.1% pre-tax margin on a GAAP basis and 9.0% on an adjusted basis1, achieving its 2023 target ahead of schedule. The company grew operating revenue by 14% and TRASM (total revenue per available seat mile) by 26%, both versus fourth quarter 2019. The company remains confident in the 2023 United Next adjusted pre-tax margin1 target of about 9%.

United Becomes First U.S. Airline to Invest in Biofuel Refinery

United Becomes First U.S. Airline to Invest in Biofuel Refinery

18 November 2022 Press Release Airline News

Yesterday, United Airlines Ventures (UAV) announced a strategic investment in NEXT Renewable Fuels (NEXT), which is permitting a flagship biofuel refinery in Port Westward, Oregon, with expected production beginning in 2026. NEXT is a Houston-based company developing the biorefinery which, at full production, could produce up to 50,000 barrels per day of Sustainable Aviation Fuel (SAF), renewable diesel, and other renewable fuels.

United Brings Back Kids’ Meals Onboard

United Brings Back Kids’ Meals Onboard

10 November 2022 Press Release Airline News

United Airlines today announced the return of kids’ meals onboard, just in time for holiday travel. From chicken tenders and grilled cheese to French toast and dessert, children can now enjoy both breakfast and lunch/dinner menus on select United flights where complimentary meals are served.

United and Jaguar Launch the First All-Electric Gate-to-Gate Airport Transfer Service in the U.S.

United and Jaguar Launch the First All-Electric Gate-to-Gate Airport Transfer Service in the U.S.

27 October 2022 Press Release Airline News Organisations & Operators

United Airlines and Jaguar North America today launched the first gate-to-gate airport transfer service powered by an all-electric fleet in the U.S. Starting this month at Chicago O’Hare International Airport, select MileagePlus Premier members can enjoy chauffeured rides between their connecting aircraft in the 2023 Jaguar I-PACE HSE, the first all-electric performance SUV from Jaguar.

United Continues Transatlantic Leadership with Debut of 2023 Summer Schedule

United Continues Transatlantic Leadership with Debut of 2023 Summer Schedule

13 October 2022 Press Release Airline News

United Airlines today continued its transatlantic leadership among U.S. carriers with the debut of the airline’s 2023 summer schedule that includes adding new service to three cities – Malaga, Spain; Stockholm, Sweden; and Dubai, UAE – as well as six more flights to some of the most popular destinations in Europe, including Rome, Paris, Barcelona, London, Berlin, and Shannon.

United Names Jonathan Ireland Senior Vice President of Finance

United Names Jonathan Ireland Senior Vice President of Finance

24 September 2022 Press Release Airline News

United Airlines today named Jonathan Ireland senior vice president of finance, overseeing the carrier’s $40 billion operating cost structure and $5 billion capital budget, managing the business planning functions, and leading enterprise financial goal setting. Ireland will also assume responsibility for the airline’s procurement function.