United Airlines Holdings Inc

UAL: XNAS (USA)

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United Airlines Earnings: Premium Segment Should Help Weather Fuel Price Shock; Shares Fairly Valued

Nicolas Owens

Apr 23, 2026

United earned 11% more revenue and (excluding gains on sales of aircraft) 22% more operating profit on 3.4% more capacity, 2.4 points of higher load factor, and 4.2% higher yields in the first quarter, while fuel costs rose 12.6% in the quarter and structural costs increased 5.9% compared with 2025.

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United Airlines Holdings Inc

United Airlines Earnings: Premium Segment Should Help Weather Fuel Price Shock; Shares Fairly Valued

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