United Airlines Holdings Inc

UAL: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$77.00	Srrs	Shzjfmqc

United Airlines Stands To Benefit From Investments in Its Global Network

Brian Bernard

Apr 19, 2023

Business Strategy and Outlook

United Airlines is the most internationally focused U.S.-based carrier by operating revenue, with almost 40% of 2019 revenue (prepandemic) coming from international activities. Before the coronavirus pandemic, much of the company's story focused on realizing cost efficiencies to expand margins.

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