United Continental Holdings
 |
|
| Public | |
| Traded as | : UAL DJTA Component S&P 500 Component |
| Industry | Aviation |
| Predecessor | UAL Corporation |
| Founded | October 1, 2010 Chicago, Illinois |
| Headquarters |
Willis Tower Chicago Loop Chicago, Illinois, U.S. |
|
Area served
|
Worldwide |
|
Key people
|
|
| Services | Airline services |
| Revenue |
 US$ 38.901 billion (2014)
|
|
US$ 2.373 billion (2014)
|
|
|
US$ 1.132 billion (2014)
|
|
| Total assets |
US$ 37.353 billion (2014)
|
| Total equity |
 US$ 2.396 billion (2014)
|
|
Number of employees
|
84,000 (2015) |
| Subsidiaries |
United Airlines |
| Website | www |
|
Footnotes / references |
|
United Airlines
United Express operated by:
United Continental Holdings, Inc. (formerly UAL Corporation) is a publicly traded airline holding company headquartered in the Willis Tower in Chicago. UCH owns and operates United Airlines, Inc. The company is the successor of UAL Corporation, which agreed to change its name to United Continental Holdings in May 2010, when a merger agreement was reached between United and Continental Airlines. Its stock trades under the UAL symbol. To effect the merger, Continental shareholders received 1.05 shares of UAL stock for each Continental share, effectively meaning Continental was acquired by UAL Corporation; at the time of closing, it was estimated that United shareholders owned 55% of the merged entity and Continental shareholders owned 45%. The company or its subsidiary airlines also have several other subsidiaries. Once completely combined, United became the world's largest airline, as measured by revenue passenger miles. United is a founding member of the Star Alliance.
UCH has major operations at Chicago–O'Hare, Denver, Guam, Houston–Intercontinental, Los Angeles, Newark (New Jersey), San Francisco, Tokyo–Narita and Washington–Dulles. UCH's United Air Lines, Inc. controls several key air rights, including being one of only two American carriers authorized to serve Asia from Tokyo-Narita (the other being Delta Air Lines). Additionally, UCH's United is the largest U.S. carrier to the People’s Republic of China and maintains a large operation throughout Asia.
UCH uses Continental's operating certificate and United's repair station certificate, having been approved by the FAA on November 30, 2011.
The following is the list of current subsidiaries of United Continental Holdings, Inc.
Early in February 2008, UAL Corporation and Continental Airlines began advanced stages of merger negotiations and were expected to announce their decision in the immediate aftermath of a definitive merger agreement between rival Delta Air Lines and Northwest Airlines. The timing of the events was notable because Northwest's golden shares in Continental (that gave Northwest veto authority against any merger involving Continental) could be redeemed, freeing Continental to pursue a marriage with United. On April 27, 2008, Continental broke off merger negotiations with United and stated it was going to stand alone. Despite ending merger talks, Continental announced that it will join United in the Star Alliance.
...
Wikipedia