Skip to Content
  • Previous Rank294
  • Revenues ($M)$37,864
  • Revenue Percent Change-2.7%
  • Profits ($M)$7,340
  • Profits Percent Change548.4%
  • Assets ($M)$40,861
  • Employees84,000

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.

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

Company Information

CEO
Oscar Munoz
Sector
Transportation
Industry
Airlines
HQ Location
Chicago, IL
Employees84,000
Websitehttp://www.unitedcontinentalholdings.com
Years on Global 500 List21

United Continental Holdings Rank History

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%
Profits as % of Stockholder Equity81.9%