United Airlines (UAL) Q4 2025 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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US:NYSE Investor Relations:
ir.united.com
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Source: Globe and Mail, The
President — Brett Hart Executive Vice President and Chief Operations Officer — Toby Enqvist Executive Vice President and Chief Commercial Officer — Andrew Nocella Executive Vice President and Chief Financial Officer — Michael Leskinen TAKEAWAYS Revenue -- $15.4 billion for the quarter, up 4.8% with capacity increasing 6.5% year over year. Consolidated TRASM -- Down 1.6% year over year in the quarter. Premium Cabin Revenue -- Up 12% year over year on 7% higher capacity; premium PRASM outperformed main cabin by nearly 10 percentage points in the quarter. Main Cabin Revenue -- Increased 1% despite 6% more capacity in the quarter. EPS (Quarter) -- $3.10, within guidance, despite a $250 million government shutdown pretax earnings headwind. EPS (Full Year) -- $10.62, slightly up from prior year, with an $0.85 per share negative impact from Newark-related challenges. Free Cash Flow -- $2.7 billion generated for the year; expectation for a similar level in 2026 despite
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News
- United Airlines CEO Stirred Up A Hornet's Nest With Merger Hint [Yahoo! Finance]Yahoo! Finance
- Trump opposes United–American merger, signals support for Spirit [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trump Dismisses a Merger While Seeking Suitors for Spirit Airlines [The New York Times]The New York Times
- Trump does not like a potential United and American Airlines merger [Yahoo! Finance]Yahoo! Finance
- Trump says 'maybe' the federal government should help Spirit Airlines [Business Insider]Business Insider
UAL
Earnings
- 1/20/26 - Beat
UAL
Sec Filings
- 4/7/26 - Form ARS
- 4/7/26 - Form DEFA14A
- 4/7/26 - Form DEF
- UAL's page on the SEC website