Owner of United Airlines: A large domestic and international route network operates in cities large and small throughout the United States and on all six continents.
United Airlines Holdings, Inc. (formerly known as United Continental Holdings, Inc., UA Corporation, Allegis Corporation and originally established as UAL, Inc.) UAH United Airlines, Inc. Headquartered in Chicago, Inc. The traded airline holding company is headquartered in the Willis Tower in Chicago.
When an agreement was reached between United and Continental Airlines that United would acquire Continental. In May 2010, UAL Corporation agreed to change its name to United Continental Holdings.
Additionally, UNH is the largest US carrier to the United People’s Republic of China and has a large operation throughout Asia. UAH has major operations in Chicago-O’Hare, Denver, Guam, Houston-Intercontinental, Los Angeles, Newark (New Jersey), San Francisco, and Washington-Dulles.
Approved by the FAA on November 30, 2011, uses United’s Repair Station Certificate of Certificate and the UAH Continental’s Operating Certificate.
The parent company was renamed United Continental Airlines on June 27, 2019.
Company Name | United Airlines |
Type | Public |
Founder | Walter Varney |
Parent company | United Airlines group |
Founded | April 6, 1926; 97 years ago |
Headquarters | Willis Tower, Chicago, Illinois U.S. |
Employees | 92,795 |
History Of Ownership
United Airlines commenced in 1929 when William E. Boeing (1881–1956), Frederick B. Rentschler (1887–1956), and his partners founded the United Aircraft Floating Northwest, a conglomerate engaged in both aircraft manufacturing and air transportation.
By 1930 it had acquired four mail carriers which are Boeing Air Transport (formed in 1927), Pacific Air Transport (1926), Varney Air Lines (1926), and National Air Transport (1925) as well as in 1931 United Airlines, Inc. established. as a holding company in Chicago that provides a comprehensive control for the four functional divisions.
- 1926- United Airlines Established
- 1934- Name changed to Varney Speed Lines
- 1926- Privately contracted air mail flight in the U.S
- 1927- Founded Boeing Air Transport
- 1931- UATC formed United Air Lines
- 2006- Emerged from court protection and resumed normal operations.
- 2011- Carriers planned to begin merging their operations
- 2012- United and Continental merged
- 2019- The parent company’s name changed from United Continental Holdings to United Airlines Holdings.
Who is the Owner of United Airlines
Robert Isom is the chief executive officer of American Airlines Group and its major subsidiary, American Airlines. He also serves on the airline’s board of directors. Robert will assume the role of CEO in March 2022.
Robert served as the US President from 2016 to 2022. In that role, he oversaw the commercial and operational activities of the airline. Previously, he served as America’s executive vice president and chief operating officer after holding similar positions at US Airways.
Prior to joining US Airways, Robert held senior executive finance, commercial, operations, strategy, and international roles at GMAC, LLC, Northwest Airlines, and America West Airlines. He started his career with Procter & Gamble Company.
Robert is on the board of the Airlines for America and Oneworld governing boards.
Institutional Owners: Who is the Owner of United Airlines
Institutional Shareholders are as follows-
Name | Stake | Equities | Valuation |
The Vanguard Group, Inc. | 11.22 % | 36,809,097 | 1 999 M $ |
PRIMECAP Management Co. | 6.936 % | 22,748,216 | 1 235 M $ |
Capital Research & Management Co. (Global Investors) | 5.979 % | 19,608,400 | 1 065 M $ |
Capital Research & Management Co. (World Investors) | 3.594 % | 11,788,047 | 640 M $ |
Geode Capital Management LLC | 2.018 % | 6,618,367 | 359 M $ |
Fidelity Management & Research Co. LLC | 1.243 % | 4,077,540 | 221 M $ |
Newport Trust Co. | 1.174 % | 3,849,344 | 209 M $ |
GMT Capital Corp. | 0.6753 % | 2,214,700 | 120 M $ |
PAR Capital Management, Inc. | 0.6708 % | 2,200,200 | 119 M $ |
Marshall Wace LLP | 0.5147 % | 1,688,006 | 92 M $ |
Here is a separate about Shareholders of United Airlines
Oscar Munoz, the top individual shareholder of United Airlines, J. Scott Kirby, and Brett J. Hart, and top shareholders are Vanguard Group Inc., PrimeCap Company, and Capital International Investors.
Top 3 Individual Insider Shareholders
Oscar Munoz
Oscar Munoz holds 241,336 shares of United Airlines, representing 0.05% of the outstanding shares. Munoz is the executive chairman of the board of the company since May 2020.
Earlier this, he served as the CEO from 2015 to 2020 and was the chairman from 2015 to 2016. Prior to joining United, Muñoz held executive leadership positions at CSX Corp (CSX), a railroad and intermodal transportation services company. Munoz CBRE Group Inc. (CBRE) and Univision Holdings Inc. (UVN) also serve on the board.
J. Scott Kirby
J. Scott Kirby holds 430,886 shares of United Airlines where representing 0.07% of outstanding shares. Kirby was president of the company from 2016 to 2020 and became CEO in May 2020.
Brett J. Hart
Brett J. Hart holds 148,504 shares of United Airlines, representing 0.04% of outstanding shares. Hart is president of United Airlines Holdings Inc., a position he has held since May 2020.
Top Institutional Shareholders
According to Whale Wisdom, more than 750 13F filers held United Airlines stock as of the second quarter of 2023. Five of them had United Airlines comprising 3% or more of their total portfolio. Institutional shareholders own 68% of United Airlines’ stock.
Vanguard Group Inc.
Vanguard Group Inc. owns approximately 37.9 million shares of United Airlines
Vanguard is primarily a mutual fund and ETF management company, with global assets under management (AUM) of approximately $7.6 trillion as of March 31, 2023.12
Advice Rating. “The World’s Top Asset Management Firm.”
Primecap Management Co.
Primecap Management owns approximately 23.9 million shares of United Airlines.
PrimeCap is an investment management company that manages a U.S.-focused equity portfolio for institutions and mutual funds.
Capital International Investors
Capital International approximately holds 20.4 million shares of United Airlines as of March 31.
Capital International Investors is the investment arm of Capital International Group, with a total AUM of $417 billion by 2023.
Company Details
United Airlines Holdings Inc. (UAL) is a holding company that primarily owns its subsidiary United Airlines Inc. Transports both passengers and cargo.
The company uses a hub and spoke system to transport passengers between the Americas as well as destinations in Asia, Europe, Africa, the Middle East, Latin America, and the Pacific. United has agreements with regional carriers under the United Express brand and with global airlines as a member of Star Alliance.
In FY2022, the company had a net income of $737 million and revenue of $45 billion. United has a market capitalization of $18.0 billion.
Key People of Owner of United Airlines
Scott Kirby | CEO |
Edward Philip | Chairman |
Brett Hart | President |
Subsidiaries
Here, we will explore the various subsidiaries that are part of United Airlines Each subsidiary may have unique offerings and contribute to the overall strength and diversity of United Airlines services.
- United Vacation, Inc
- United Group Express, Inc
- United Aviation Fuels Crop
- United Airline Canada
- United Aviation Academy
- Mileage Plus Holding, Inc
- United Travel Service, LLC
Hubs
- Chicago–O’Hare
- Denver
- Guam
- Houston–Intercontinental
- Los Angeles
- Newark
- San Francisco
- Washington–Dulles
- Newark Liberty International Airport
- San Francisco International Airport
- Los Angle International Airport
- Dulles International Airport
- George Bush Intercontinental Airport
Conclusion: Who is the Owner of United Airlines
United Airlines has always stood for safe and dependable air transport, exceptional customer service, and genuine hospitality.
The company has always stood for safe and dependable air transport, exceptional customer service, and genuine hospitality. The company’s aim is to expand on its history of exceptional customer service, consistently exceeding our customers’ expectations while pushing service to new heights.
United Airlines is committed to becoming the finest airline in company customers’ eyes. United Airlines will give their customers valuable and distinctive products, a great return for investors, and challenging and exciting work for United Airlines employees in an environment that respects and honors their efforts.
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