UAL Corporation(United Airlines)

Industry: Airline

Fortune Rank: 140

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.

UAL Corporation(United Airlines)

UAL Corporation(United Airlines) achieved revenue of $16,335.00 million in 2010 but posted a loss of $-651.00 million.

UAL Corporation(United Airlines)'s rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 123rd on the Fortune 500. The Previous ranking was based on its 2009 revenue of $20,194 million (a change of -4 million compared to 2010) and profits of $-5,348 million (a change of -646 million compared to 2010).

Another point of view

To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then UAL Corporation(United Airlines) would be ranked 458th rather than 140th due to the fact it made a loss of $-651 million in 2010.

UAL Corporation(United Airlines) Revenue* Profit* Fortune Ranking

* US$ Million

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