UAL Corporation(United Airlines)
Industry: Airline

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Business Summary
UAL Corporation operates as the holding company for United Air Lines, Inc. that provides transportation of persons, property, and mail. It also engages in travel distribution and customer loyalty e-commerce activities. As of December 31, 2003, the company operated 1,600 daily departures to approximately 110 destinations in 23 countries and 2 U.S. territories. Its operating aircraft fleet totaled 532 jet aircraft, of which 252 were owned and 280 were leased. It primarily operates in North America, the Pacific, the Atlantic, and Latin America. The company was incorporated under the laws of the state of Delaware in 1968. UAL is headquartered in Elk Grove Township, Illinois. UAL, United, and 26 of its subsidiaries filed voluntary petitions for reorganization under Chapter 11 of Title 11 of the United States Bankruptcy Code in December 2002. The company and its subsidiaries operate their business as debtors-in-possession.

Financial Summary
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