United Airlines Holdings Inc

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 27, 2025

UAL$120.38+6.8%Stored close · as of Nov 9, 2026

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Contents

Statements of Consolidated Operations

	Year Ended December 31,
	2024	2023	2022
Operating revenue:
Passenger revenue	$51,829	$49,046	$40,032
Cargo	1,743	1,495	2,171
Other operating revenue	3,491	3,176	2,752
Total operating revenue	57,063	53,717	44,955
Operating expense:
Salaries and related costs	16,678	14,787	11,466
Aircraft fuel	11,756	12,651	13,113
Landing fees and other rent	3,437	3,076	2,576
Aircraft maintenance materials and outside repairs	3,063	2,736	2,153
Depreciation and amortization	2,928	2,671	2,456
Regional capacity purchase	2,516	2,400	2,299
Distribution expenses	2,231	1,977	1,535
Aircraft rent	193	197	252
Special charges	112	949	140
Other operating expenses	9,050	8,059	6,626
Total operating expense	51,964	49,503	42,616
Operating income	5,099	4,214	2,339
Nonoperating income (expense):
Interest expense	(1,629)	(1,956)	(1,778)
Interest income	726	827	298
Interest capitalized	227	182	105
Unrealized gains (losses) on investments, net	(199)	27	20
Miscellaneous, net	(53)	96	8
Total nonoperating expense, net	(928)	(824)	(1,347)
Income before income taxes	4,171	3,390	992
Income tax expense	1,020	770	253
Net income	$3,151	$2,620	$739

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.