United Airlines Pass Through Trust Series 2018-1, based in Chicago, Illinois, was established as part of United Airlines' broader strategy to enhance liquidity and fund various operational needs. The trust primarily issues asset-backed securities, providing investors with access to cash flows generated from United Airlines' ticket sales.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UAL 3.50% 2030-03-01 USDUnited Airlines Pass Through Trust Series 2018-1 | United States | 2030-03-01 | 3.500 | 4.75 |
| UAL 3.70% 2031-09-01 USDUnited Airlines Pass Through Trust Series 2018-1 | United States | 2031-09-01 | 3.700 | 5.49 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, United Airlines Pass Through Trust has gained attention for its bond issuances, particularly the significant 2018-1 series, which was designed to optimize capital structure following the airline's recovery from previous financial downturns. This series included special features such as high credit ratings reflective of the airline’s improved operational metrics, with current yields aligning favorably within the industry, making it an attractive option for investors seeking exposure to the airline sector's resurgence.