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Global 500

Courtesy of United Continental Holdings

265

United Continental Holdings

UAL

U.S.

Since United and Continental merged in 2010, the carrier has been plagued with poor customer servicer, high costs, and the worst on-time performance among the major airlines. Add to the crosswinds management and board upheaval. Late last year, a scandal forced the resignation of CEO Jeff Smisek, who was replaced by former railroad executive Oscar Munoz. After a month on the job, Munoz suffered a massive heart attack, and returned in February to face a proxy battle from disgruntled hedge funds. In April, Munoz forged a compromise, agreeing to serve under a new chairman from outside the board, Robert Milton, former CEO of Air Canada. Though the drop in fuel costs has greatly lifted its profits, that benefit is fading as deep discounters invade United’s core markets, notably Frontier, which is now assaulting United’s hub in Denver.

CEO

Oscar Munoz

Sector

Transportation

Industry

Airlines

HQ Location

Chicago, IL

Employees

84,000

Years on Global 500 List

21

Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$37,864-2.7%
Profits ($M)$7,340548.4%
Assets ($M)$40,861
Total Stockholder Equity ($M)$8,966
Profit Ratios
Profit as % of Revenues19.4%
Profits as % of Assets18.0%
Profits as % of Stockholder Equity81.9%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
  • Next Earnings Date:
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  • 52 Week High:
  • 52 Week Low:
  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about United Continental Holdings

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Videos about United Continental Holdings