Aviation Industry: 85%
Freight and Logistics: 10%
Other Services: 5%

TOP 3 Markets:
USA: 60%
Europe: 20%
Asia: 15%

United Airlines Holdings, Inc. generates the majority of its revenue from the aviation industry, which is typical for a large international airline. The freight and logistics sector also significantly contribute to the earnings, especially through the transportation of goods on international routes.

The USA is the largest market for United Airlines, driven by the strong presence and dense route network within the country. Europe and Asia follow as important markets, with the demand for international flights in these regions steadily increasing.

Production: No direct production of physical products

United Airlines Holdings, Inc. is an aviation company and does not produce physical products in the traditional sense. The company provides services in the area of passenger and cargo transportation.

The "production" in this context refers to the provision and maintenance of flight services, which are mainly carried out at various airports and maintenance centers worldwide. United Airlines operates several maintenance facilities, including large centers in the USA, to maintain and repair its aircraft fleet.

Revenue growth: Estimated 8-10% annually (2025-2027)

Investments in sustainable technologies: $1 billion by 2030

United Airlines Holdings, Inc. is pursuing a multi-pronged growth strategy that focuses on both expansion and sustainability. A key component of this strategy is investing in sustainable flight technologies and fuels to reduce CO2 emissions. By 2030, the company plans to invest over $1 billion in these technologies.

In addition, United Airlines is focusing on expanding its international routes and entering new markets, especially in Asia and Europe. This is intended to be supported by strategic partnerships and alliances with other airlines.

Another focus is on enhancing the customer experience through digital innovations and expanding premium services. These measures are aimed at strengthening customer loyalty and tapping into new customer segments.

Kerosene: Mainly from the USA, Canada, and the Middle East
Aircraft parts and maintenance materials: USA, Germany, France
Onboard catering and consumables: USA, Mexico, China

United Airlines Holdings, Inc. imports a variety of raw materials and materials necessary for the operation of its aircraft and services. The most important raw material is kerosene, primarily imported from the USA and Canada, with imports from the Middle East also playing a role in ensuring supply security.

In addition, United Airlines sources aircraft parts and maintenance materials from various countries, especially from the USA, Germany, and France. These countries are leaders in the production of aviation technology and offer high-quality components and materials.

For onboard catering and other consumables used on the aircraft, United Airlines imports products from the USA, Mexico, and China. These countries offer a wide range of products that meet the airline's various requirements and standards.

Market share in the USA: approx. 15% (estimated 2025)
Fleet size: Over 800 aircraft (2025)
Network: Over 350 destinations worldwide (2025)

United Airlines Holdings, Inc. has a significant competitive advantage due to its extensive fleet and global network. With an estimated market share of about 15% in the USA, United is one of the country's leading airlines.

The competitive advantage is reinforced by the strategic positioning at key hubs such as Chicago, Newark, and Houston, which allow the company to offer a wide range of international and domestic flights.

In addition, United continuously invests in modernizing its fleet and sustainable technologies, which not only improves operational efficiency but also enhances the company's environmental profile. These factors help United Airlines remain competitive in a highly contested market.

Institutional investor share: approx. 70% (estimate for 2025 based on historical data)

Insider purchases/sales: No significant changes reported (estimate for 2025)

The institutional investor share in United Airlines Holdings, Inc. traditionally stands at around 70%, indicating the trust of large investment funds and institutional investors in the company's long-term stability and growth potential.

Regarding insider purchases and sales, there have been no significant transactions recently that would suggest a change in management's or insiders' confidence in the company's future development. This indicates a stable assessment by the company's leadership regarding current business prospects.

These assessments are based on the latest available data and historical trends, as specific current figures for 2025 are not available.

Market share of United Airlines Holdings, Inc.: 14% (estimated, 2025)

Main competitors and their market shares:

1. American Airlines Group Inc.: 17%
2. Delta Air Lines, Inc.: 16%
3. United Airlines Holdings, Inc.: 14%
4. Southwest Airlines Co.: 12%
5. Alaska Air Group, Inc.: 5%
6. JetBlue Airways Corporation: 4%
7. Spirit Airlines, Inc.: 3%
8. Frontier Airlines, Inc.: 2%
9. Allegiant Travel Company: 2%
10. Hawaiian Holdings, Inc.: 1%

Moat Analysis:

United Airlines Holdings, Inc. has a moderate moat, mainly supported by its extensive international reach and strategic alliances, such as membership in the Star Alliance. These factors enable the company to offer a broad network and benefit from codeshare agreements.

Compared to its biggest competitors, American Airlines and Delta Air Lines, United Airlines' moat is less pronounced. American Airlines has the largest network and fleet, providing significant scale efficiency. Delta Air Lines has excelled in customer service and operational efficiency, leading to high customer satisfaction and loyalty.

Southwest Airlines has a strong domestic moat due to its cost-effective business strategy and high operational efficiency, allowing it to offer competitive prices.

Overall, United Airlines has a solid, but not outstanding, moat compared to its main competitors. The competition may have the upper hand in certain areas, such as customer satisfaction and cost efficiency.

Revenue Growth: 20% (2024) Profit Growth: 18% (2024) Passenger Growth: 15% (2024)

United Airlines Holdings, Inc. recorded strong revenue growth of 20% in 2024, attributed to the recovery of the travel industry and increased demand for international flights. The company also achieved a profit growth of 18%, indicating efficient cost controls and improved operational performance.

The passenger growth of 15% in 2024 shows that United Airlines was successful in regaining market share, especially in key international markets. These positive developments suggest that the company is well positioned to benefit from the ongoing recovery of the global travel industry.

In addition, United Airlines is investing in fleet modernization and sustainable fuels to remain competitive in the long term and meet environmental regulations. These strategic investments could support future growth and make the company more resilient to market changes.

Overall, these factors indicate that United Airlines Holdings, Inc. could be a promising investment, especially for investors interested in the long-term recovery and expansion of the aviation industry.

Dividend: No payout (as of 2023)

United Airlines Holdings, Inc. has not paid any dividends in recent years. This is typical for many airlines, which often reinvest their profits to reduce debt or invest in fleet modernization.

The reliability of a future dividend payment depends heavily on the financial recovery of the industry, operating results, and the company's strategic direction. Until 2025, it is unlikely that United Airlines will introduce a dividend unless there is a significant improvement in the financial situation and stability of the industry.