United Airlines Inc, founded in 1926 and headquartered in Chicago, Illinois, operates as one of the largest airline companies in the world, providing air transportation services for passengers and cargo. The company offers an extensive route network, covering over 350 destinations globally, and prides itself on high-quality customer service, loyalty programs, and ancillary offerings such as in-flight services and travel packages.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
United Airlines has a history of bond issuances dating back several decades, with notable significant offerings including a $1 billion bond in 2020 to fund operations amidst the COVID-19 pandemic. As of October 2023, the company’s bonds yield around 5.5%, which is competitive within the airline industry, reflecting a recovery trajectory post-pandemic. Following its Chapter 11 bankruptcy in 2002, the airline restructured its debt profile, and recent bond offerings often feature calls and variable interest rates, allowing for greater flexibility as market conditions evolve.