UALUnited Airlines Holdings
United Airlines Holdings, Inc. (together with its consolidated subsidiaries, "UAL" or the "Company") is a holding company and its wholly-owned subsidiary is United Airlines, Inc. (together with its consolidated subsidiaries, "United"). 10-K, Item 1
- Headquarters
- Chicago, IL
- CEO
- J. Scott Kirby
- Next results
- around Jan 19, 2027
What the debt is made of, and when it is due
balance sheet of Sep 30, 2026The debt note's own lines, 2025-12-31
Fixed rate $0Floating $10.7B Not stated $22.5B
| Line, as the company names it | Kind | Rate | Fixed or floating | Amount |
|---|---|---|---|---|
| Equipment Notes (Secured Debt) | Secured | 2.70–6.25% | not stated | $11.7B |
| Floating Rate Debt | – | – | floating | $8.6B |
| 2026 and 2029 Notes (Secured Debt) | Secured | 4.38–4.63% | not stated | $4.0B |
| PSP Notes (Unsecured Debt) | Secured | 1.00–5.93% | not stated | $3.2B |
| 2024 Term Loans (Secured Debt) | Secured | 5.73% | floating | $2.1B |
| PSP1 Note (Unsecured Debt) | Secured | – | not stated | $1.5B |
| PSP2 Note (Unsecured Debt) | Secured | – | not stated | $900.0M |
| PSP3 Note (Unsecured Debt) | Secured | – | not stated | $800.0M |
| Other Secured Debt (Secured Debt) | Secured | 4.00–5.25% | not stated | $361.0M |
| Other unsecured debt (Unsecured Debt) | Secured | 5.75% | not stated | $71.0M |
From the debt note in the 10-K's XBRL (0000100517-26-000023), as the company tags it: by issue, by year, by currency or by kind. Lines from two ways of cutting the same debt can overlap, so they are not added up. Fixed or floating is read from the line's own name only; "not stated" when it says neither.
Left: the debt lines on the balance sheet (XBRL). Right: the principal due each year, from the debt note's maturity schedule; it can differ a little from the balance sheet, which shows the debt net of discounts and fees. Leases are not counted.
UAL does not tag a debt maturity schedule in its XBRL, so there is nothing to show here. Many banks and companies without long-term debt leave it out.
Work on UAL in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/UAL/export.csv") into a cell.