United Airlines Holdings Inc (LIM:UAL)
$ 66.72 (0%) Market Cap: 22.27 Bil Enterprise Value: 39.87 Bil PE Ratio: 6.22 PB Ratio: 1.77 GF Score: 67/100

Q4 2024 United Airlines Holdings Inc Earnings Call Transcript

Jan 22, 2025 / 03:30PM GMT

Key Points

Positve
  • United Airlines Holdings Inc (UAL) achieved record fourth-quarter earnings with an EPS of $3.26, surpassing expectations.
  • The company reported a strong full-year EPS of $10.61, exceeding the midpoint of its initial guidance range.
  • United Airlines Holdings Inc (UAL) saw a significant increase in premium passenger revenues, which grew by 10% year over year.
  • The airline's international capacity showed strong performance, with international margins outpacing domestic margins in 2024.
  • United Airlines Holdings Inc (UAL) is making substantial investments in technology, such as Starlink, to enhance customer experience and operational efficiency.
Negative
  • Staffing challenges at the FAA continue to impact United Airlines Holdings Inc (UAL), with 66% of delays in 2024 attributed to ATC issues.
  • The company faces ongoing inflationary pressures, including labor, airport, and fuel costs, which could impact profitability.
  • Delivery delays from OEMs have affected United Airlines Holdings Inc (UAL)'s ability to increase aircraft gauge as planned.
  • Despite strong international performance, the Latin America region trailed other regions in 2024, posing a challenge for the company.
  • The airline industry faces potential risks from macroeconomic uncertainties, including high inflation and interest rates.
Operator

Good morning and welcome to United Airlines Holdings earnings conference call for the fourth quarter and full year 2024. My name is Regina and I will be your conference facilitator today. (Operator Instructions). This call is being recorded and is copyrighted. Please note that no portion of the call may be recorded transcribed or rebroadcast without the company's permission. Your participation implies your consent to our recording of this call. If you do not agree with these terms, simply drop off the line. I will now turn the presentation over to your host for today's call, Kristina Edwards, Managing Director of Investor Relations. Please go ahead.

Kristina Edwards
United Airlines Holdings Inc - Managing Director - Investor Relations

Thank you, Regina. Good morning and welcome to United's fourth quarter and full year 2024 earnings conference call. Yesterday, we issued our earnings release which is available on our website at ir.united.com. Information in yesterday's release and the remarks made during this conference call may contain forward-looking statements

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot