United Airlines details its $5 billion bailout share [MarketWatch]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: MarketWatch
United Airlines Holdings Inc. said late Wednesday it expects to get about $5 billion in federal-government aid, of which about $3.5 billion will be a direct grant and about $1.5 billion will be a low-interest-rate loan. The money will be used to pay for the salaries and benefits of tens of thousands of United Airlines employees, the company said. In connection with strings attached to the program, the airline's parent company also expects to issue warrants to purchase about 4.6 million shares of common stock to the federal government. The $2 trillion coronavirus aid package signed into law last month included $25 billion in assistance for passenger airlines, and carriers and the Treasury Department struck a deal late Tuesday over the terms of the aid. Shares of United Airlines fell 0.3% in the extended session after ending the regular trading day up 3.1%.
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News
- US futures sink after Trump warns of higher tariffs for 8 countries over Greenland issue [Los Angeles Times (CA)]Los Angeles Times
- United Airlines Holdings (NASDAQ:UAL) Is Experiencing Growth In Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Another regional airline files for Chapter 11 bankruptcy, all flights canceled [Yahoo! Finance]Yahoo! Finance
- U.S. futures sink after Trump warns of higher tariffs for 8 countries over Greenland issue [BNN Bloomberg (Canada)]BNN Bloomberg
- US futures sink after Trump warns of higher tariffs for 8 countries over Greenland issue [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
UAL
Earnings
- 10/15/25 - Beat
UAL
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- UAL's page on the SEC website