UAL · NASDAQ · Airlines, Airports & Air Services

United Airlines (UAL)

Carries passengers and cargo through a global network anchored by seven U.S. hubs.

$115.45
After hours+0.26 (+0.23%)
At close$115.19(+0.69%)

United is overwhelmingly a passenger airline: it sells seats across a domestic hub network and long-haul routes, with cargo riding underneath. The newer push is to make each traveler worth more through premium cabins, MileagePlus, and free onboard internet. Those extras matter, but the company still hangs on full planes, reliable hubs, affordable fuel, and a costly stream of aircraft.

Item facts: FY2025 · year ended Dec 31, 2025, from filings, earnings calls and company pages.

Judgment weights, not filed revenue

Passenger trips~91%Loyalty & onboard extras~6%Cargo~3%

The band summarizes business focus and direction. ~ marks estimates.

8 in detail · 14 more below

  • Domestic (U.S. and Canada)

    · Ecosystem

    The home network is United's largest business by far. Revenue grew 2.8% in FY2025; watch whether crowded airports, regional partners, fuel, and reliability let that steady core keep expanding.

    Competes with Domestic network (Delta Air Lines) · Domestic network (American Airlines) · Point-to-point network (Southwest Airlines)

    In plain English

    Most of United's machine lives here. Seven mainland hubs gather travelers from nearby cities, then connect them onward, much like big rail stations sorting passengers onto different lines. Contracted regional flights called United Express bring people in from smaller markets.

    Travelers pay for tickets and extras such as bags, roomier seats, and upgrades. United controls the schedule, prices, and available seats even when a regional partner flies the plane, so a thin feeder route can earn its keep by filling a larger onward flight.

  • Atlantic

    · Ecosystem

    This is United's second-largest geography and its most visibly seasonal one. Revenue rose 5.0% in FY2025; the watchpoint is keeping expensive long-distance aircraft full beyond the summer rush.

    Competes with Transatlantic joint venture (Delta, Air France-KLM & Virgin Atlantic) · Atlantic partnership (American, British Airways, Iberia & Finnair)

    In plain English

    Crossing the Atlantic is a summer-heavy long-distance business. United carries travelers from its U.S. gateways toward Europe and beyond, while partner airlines Air Canada and Lufthansa extend the journey to places United does not serve itself.

    Money comes from vacationers and business travelers buying seats at different comfort levels. The aircraft and crews cost money whether every seat sells or not, so the business works best when schedules match the seasonal wave and partner connections keep more seats occupied in both directions.

  • Pacific

    · Ecosystem

    Pacific routes are smaller than Atlantic but grew faster, up 6.4% in FY2025. Their progress depends on long-distance aircraft arriving, access across borders and airspace, and useful handoffs to partner airlines.

    Competes with Pacific joint venture (Delta & Korean Air) · Pacific partnership (American & Japan Airlines)

    In plain English

    The Pacific side links U.S. gateways and Guam with destinations across Asia and Oceania. Some journeys continue on ANA, Air New Zealand, or another Star Alliance airline, so United can sell a broader trip than its own aircraft alone could cover.

    Customers buy long-distance business, vacation, and family-visit tickets. United earns on the legs it flies and relies on partner handoffs to make more starting points and destinations bookable; scarce large aircraft, fuel, and permission to cross borders or airspace determine how much service it can offer.

  • Latin America

    · Ecosystem

    Latin America is the smallest passenger geography and grew just 1.7% in FY2025. Demand swings differently from Atlantic travel, so Houston connections and careful seasonal scheduling do much of the work.

    Competes with U.S.–South America partnership (Delta & LATAM) · Americas partnership (American & GOL)

    In plain English

    Southbound routes serve a mix of holidays, family visits, and business travel. Houston acts as the main meeting point, collecting passengers from around the United States and sending them toward cities across Latin America.

    Each ticket pays for a place on one or more flights, with bags, seat choices, and upgrades adding more. This network has its own seasonal rhythm: strong demand in one quarter can ease in the next, while weather, border rules, currencies, and fuel can change what each trip contributes.

  • United fare and cabin ladder

    · Product lineRamping

    United sells the same trip at many comfort and flexibility levels. Premium revenue grew 11% in FY2025 while standard and Basic fares shrank; watch whether richer cabins lift each flight without losing bargain travelers.

    Competes with Main, Comfort, First, Premium Select & Delta One (Delta Air Lines) · Main Cabin, Premium Economy, Business & First (American Airlines)

    In plain English

    One aircraft can work like a theater with several ticket types. Basic Economy trades freedom for a lower price; Economy Plus sells more room; Premium Plus, First, and Polaris sell progressively larger seats, better service, or beds on long trips.

    That ladder lets United collect different amounts from travelers sharing the same flight. The current bet is that more roomy and premium seats can raise what each passenger pays, while the lowest tier keeps price-sensitive travelers from choosing another airline.

  • MileagePlus

    · Customer program

    Partners generated $3.2 billion of FY2025 revenue by buying miles and access to members, before counting tickets influenced by loyalty. Watch card use, new accounts, useful reward seats, and the terms with Chase.

    Competes with SkyMiles & Delta AmEx cards (Delta & American Express) · AAdvantage & Citi cards (American & Citi)

    In plain English

    Think of MileagePlus as a travel club with a promise attached. Chase and other partners pay United for miles and for ways to reach members; travelers earn those miles through flights, cards, and partner spending.

    United gets partner cash before many rewards are used, then owes members future flights or other benefits. The system keeps working when people value the rewards enough to keep using the card and choosing United, and when the airline leaves enough desirable seats available for those promises to feel real.

  • Starlink Wi-Fi

    · ServiceRamping

    Free high-speed internet is meant to strengthen loyalty and create better places for onboard media. By mid-July 2026, installation was roughly halfway toward United's nearly 1,000-aircraft year-end goal; approvals and fitting pace are the watchpoints.

    Competes with Delta Sync Wi-Fi (Delta & T-Mobile) · Free high-speed Wi-Fi (American & AT&T)

    In plain English

    Instead of charging MileagePlus members to get online, United uses Starlink as a reason to choose its flight and return next time. A satellite connection lets travelers stream, work, or use live entertainment in the air.

    No access fee means the payoff comes sideways: happier members, more time inside United's digital services, and more useful space for media partners. SpaceX supplies the equipment and satellite link, while United must win safety approval and fit each aircraft without disrupting the schedule.

  • United Cargo

    · Service

    United sells the space below passenger seats for freight, with special handling and ground links around the flight. Second-quarter 2026 revenue grew 22.6%; the business still rises and falls with passenger schedules and trade demand.

    Competes with Delta Cargo (Delta Air Lines) · American Airlines Cargo (American Airlines)

    In plain English

    Below the passenger floor is a second business. Companies, delivery specialists, and postal services pay United to carry parcels, urgent goods, secure shipments, or temperature-sensitive products in the aircraft's lower hold.

    Scheduled passenger flights create most of the available space, so cargo can earn extra money from a trip already being flown. United also joins shipments to other airlines, chartered flights, and trucks when needed. Customs, safe handling, and the passenger timetable determine what can move and when.

  • Domestic (U.S. and Canada)· EcosystemThe home network is United's largest business by far. Revenue grew 2.8% in FY2025; watch whether crowded airports, regional partners, fuel, and reliability let that steady core keep expanding.

    The home network is United's largest business by far. Revenue grew 2.8% in FY2025; watch whether crowded airports, regional partners, fuel, and reliability let that steady core keep expanding.

    In plain English

    Most of United's machine lives here. Seven mainland hubs gather travelers from nearby cities, then connect them onward, much like big rail stations sorting passengers onto different lines. Contracted regional flights called United Express bring people in from smaller markets.

    Travelers pay for tickets and extras such as bags, roomier seats, and upgrades. United controls the schedule, prices, and available seats even when a regional partner flies the plane, so a thin feeder route can earn its keep by filling a larger onward flight.

    Competes with Domestic network (Delta Air Lines) · Domestic network (American Airlines) · Point-to-point network (Southwest Airlines)

  • Atlantic· EcosystemThis is United's second-largest geography and its most visibly seasonal one. Revenue rose 5.0% in FY2025; the watchpoint is keeping expensive long-distance aircraft full beyond the summer rush.

    This is United's second-largest geography and its most visibly seasonal one. Revenue rose 5.0% in FY2025; the watchpoint is keeping expensive long-distance aircraft full beyond the summer rush.

    In plain English

    Crossing the Atlantic is a summer-heavy long-distance business. United carries travelers from its U.S. gateways toward Europe and beyond, while partner airlines Air Canada and Lufthansa extend the journey to places United does not serve itself.

    Money comes from vacationers and business travelers buying seats at different comfort levels. The aircraft and crews cost money whether every seat sells or not, so the business works best when schedules match the seasonal wave and partner connections keep more seats occupied in both directions.

    Competes with Transatlantic joint venture (Delta, Air France-KLM & Virgin Atlantic) · Atlantic partnership (American, British Airways, Iberia & Finnair)

  • Pacific· EcosystemPacific routes are smaller than Atlantic but grew faster, up 6.4% in FY2025. Their progress depends on long-distance aircraft arriving, access across borders and airspace, and useful handoffs to partner airlines.

    Pacific routes are smaller than Atlantic but grew faster, up 6.4% in FY2025. Their progress depends on long-distance aircraft arriving, access across borders and airspace, and useful handoffs to partner airlines.

    In plain English

    The Pacific side links U.S. gateways and Guam with destinations across Asia and Oceania. Some journeys continue on ANA, Air New Zealand, or another Star Alliance airline, so United can sell a broader trip than its own aircraft alone could cover.

    Customers buy long-distance business, vacation, and family-visit tickets. United earns on the legs it flies and relies on partner handoffs to make more starting points and destinations bookable; scarce large aircraft, fuel, and permission to cross borders or airspace determine how much service it can offer.

    Competes with Pacific joint venture (Delta & Korean Air) · Pacific partnership (American & Japan Airlines)

  • Latin America· EcosystemLatin America is the smallest passenger geography and grew just 1.7% in FY2025. Demand swings differently from Atlantic travel, so Houston connections and careful seasonal scheduling do much of the work.

    Latin America is the smallest passenger geography and grew just 1.7% in FY2025. Demand swings differently from Atlantic travel, so Houston connections and careful seasonal scheduling do much of the work.

    In plain English

    Southbound routes serve a mix of holidays, family visits, and business travel. Houston acts as the main meeting point, collecting passengers from around the United States and sending them toward cities across Latin America.

    Each ticket pays for a place on one or more flights, with bags, seat choices, and upgrades adding more. This network has its own seasonal rhythm: strong demand in one quarter can ease in the next, while weather, border rules, currencies, and fuel can change what each trip contributes.

    Competes with U.S.–South America partnership (Delta & LATAM) · Americas partnership (American & GOL)

  • United fare and cabin ladder· Product lineRampingUnited sells the same trip at many comfort and flexibility levels. Premium revenue grew 11% in FY2025 while standard and Basic fares shrank; watch whether richer cabins lift each flight without losing bargain travelers.

    United sells the same trip at many comfort and flexibility levels. Premium revenue grew 11% in FY2025 while standard and Basic fares shrank; watch whether richer cabins lift each flight without losing bargain travelers.

    In plain English

    One aircraft can work like a theater with several ticket types. Basic Economy trades freedom for a lower price; Economy Plus sells more room; Premium Plus, First, and Polaris sell progressively larger seats, better service, or beds on long trips.

    That ladder lets United collect different amounts from travelers sharing the same flight. The current bet is that more roomy and premium seats can raise what each passenger pays, while the lowest tier keeps price-sensitive travelers from choosing another airline.

    Competes with Main, Comfort, First, Premium Select & Delta One (Delta Air Lines) · Main Cabin, Premium Economy, Business & First (American Airlines)

  • MileagePlus· Customer programPartners generated $3.2 billion of FY2025 revenue by buying miles and access to members, before counting tickets influenced by loyalty. Watch card use, new accounts, useful reward seats, and the terms with Chase.

    Partners generated $3.2 billion of FY2025 revenue by buying miles and access to members, before counting tickets influenced by loyalty. Watch card use, new accounts, useful reward seats, and the terms with Chase.

    In plain English

    Think of MileagePlus as a travel club with a promise attached. Chase and other partners pay United for miles and for ways to reach members; travelers earn those miles through flights, cards, and partner spending.

    United gets partner cash before many rewards are used, then owes members future flights or other benefits. The system keeps working when people value the rewards enough to keep using the card and choosing United, and when the airline leaves enough desirable seats available for those promises to feel real.

    Competes with SkyMiles & Delta AmEx cards (Delta & American Express) · AAdvantage & Citi cards (American & Citi)

  • Starlink Wi-Fi· ServiceRampingFree high-speed internet is meant to strengthen loyalty and create better places for onboard media. By mid-July 2026, installation was roughly halfway toward United's nearly 1,000-aircraft year-end goal; approvals and fitting pace are the watchpoints.

    Free high-speed internet is meant to strengthen loyalty and create better places for onboard media. By mid-July 2026, installation was roughly halfway toward United's nearly 1,000-aircraft year-end goal; approvals and fitting pace are the watchpoints.

    In plain English

    Instead of charging MileagePlus members to get online, United uses Starlink as a reason to choose its flight and return next time. A satellite connection lets travelers stream, work, or use live entertainment in the air.

    No access fee means the payoff comes sideways: happier members, more time inside United's digital services, and more useful space for media partners. SpaceX supplies the equipment and satellite link, while United must win safety approval and fit each aircraft without disrupting the schedule.

    Competes with Delta Sync Wi-Fi (Delta & T-Mobile) · Free high-speed Wi-Fi (American & AT&T)

  • United Cargo· ServiceUnited sells the space below passenger seats for freight, with special handling and ground links around the flight. Second-quarter 2026 revenue grew 22.6%; the business still rises and falls with passenger schedules and trade demand.

    United sells the space below passenger seats for freight, with special handling and ground links around the flight. Second-quarter 2026 revenue grew 22.6%; the business still rises and falls with passenger schedules and trade demand.

    In plain English

    Below the passenger floor is a second business. Companies, delivery specialists, and postal services pay United to carry parcels, urgent goods, secure shipments, or temperature-sensitive products in the aircraft's lower hold.

    Scheduled passenger flights create most of the available space, so cargo can earn extra money from a trip already being flown. United also joins shipments to other airlines, chartered flights, and trucks when needed. Customs, safe handling, and the passenger timetable determine what can move and when.

    Competes with Delta Cargo (Delta Air Lines) · American Airlines Cargo (American Airlines)

Named in filings, launches and programs

  • United Airlines, Inc.BrandThe wholly owned operating airline where nearly all of the holding company's revenue, costs, aircraft, and cash flow live.
  • United ExpressEcosystemContracted regional airlines fly thinner routes under United's schedule and pricing, supplying 6.1% of FY2025 capacity.
  • Star AllianceEcosystemPartner airlines extend United's connections, loyalty use, and lounge access far beyond the places its own aircraft serve.
  • Blue SkyEcosystemJetBlue collaboration adding reciprocal rewards and cross-airline booking while each carrier keeps its own schedules and prices.
  • United ClubServiceAirport lounges paid for through memberships, passes, qualifying tickets, and cards; the money appears among travel extras.
  • Kinective Media by United AirlinesPlatformSells advertising across United's app, website, and onboard screens using traveler groups built from permitted and identity-hidden data.
  • United NextCustomer programLong-running plan for larger aircraft, more seats, and updated cabins, backed by over 630 new aircraft through 2034.
  • United Signature InteriorCustomer program · RampingCabin refit adding larger overhead bins, seatback entertainment, Bluetooth, and a more consistent look across the fleet.
  • United mobile appPlatformDirect channel for booking and trip help, including automated standby and finding open seats when travel is disrupted.
  • United Airlines Ventures Sustainable Flight FundEcosystemInvestment vehicle supporting lower-carbon flight and sustainable fuel; United held a 33% interest at FY2025 year-end.
  • United Ground Express, Inc.BrandThe subsidiary that provides ground and passenger services around United's airport operation.
  • MileagePlus TravelService · AnnouncedPlanned Blue Sky service for booking hotels, rental cars, cruises, and other non-flight travel through United.
  • QuickPakProductUnited Cargo's faster service for small packages weighing under 100 pounds.
  • TempControlProductUnited Cargo service that keeps healthcare and other sensitive freight within managed temperature ranges.
  • United Airlines, Inc.Brand

    The wholly owned operating airline where nearly all of the holding company's revenue, costs, aircraft, and cash flow live.

  • United ExpressEcosystem

    Contracted regional airlines fly thinner routes under United's schedule and pricing, supplying 6.1% of FY2025 capacity.

  • Star AllianceEcosystem

    Partner airlines extend United's connections, loyalty use, and lounge access far beyond the places its own aircraft serve.

  • Blue SkyEcosystem

    JetBlue collaboration adding reciprocal rewards and cross-airline booking while each carrier keeps its own schedules and prices.

  • United ClubService

    Airport lounges paid for through memberships, passes, qualifying tickets, and cards; the money appears among travel extras.

  • Kinective Media by United AirlinesPlatform

    Sells advertising across United's app, website, and onboard screens using traveler groups built from permitted and identity-hidden data.

  • United NextCustomer program

    Long-running plan for larger aircraft, more seats, and updated cabins, backed by over 630 new aircraft through 2034.

  • United Signature InteriorCustomer program · Ramping

    Cabin refit adding larger overhead bins, seatback entertainment, Bluetooth, and a more consistent look across the fleet.

  • United mobile appPlatform

    Direct channel for booking and trip help, including automated standby and finding open seats when travel is disrupted.

  • United Airlines Ventures Sustainable Flight FundEcosystem

    Investment vehicle supporting lower-carbon flight and sustainable fuel; United held a 33% interest at FY2025 year-end.

  • United Ground Express, Inc.Brand

    The subsidiary that provides ground and passenger services around United's airport operation.

  • MileagePlus TravelService · Announced

    Planned Blue Sky service for booking hotels, rental cars, cruises, and other non-flight travel through United.

  • QuickPakProduct

    United Cargo's faster service for small packages weighing under 100 pounds.

  • TempControlProduct

    United Cargo service that keeps healthcare and other sensitive freight within managed temperature ranges.