联合航空 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March 31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromto Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90days. United Airlines Holdings, Inc. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§232.405 of this Chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☒No☐United Airlines, Inc. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of theExchange Act. United Airlines Holdings, Inc.Large accelerated filer☒Acceleratedfiler☐Non-acceleratedfiler☐Smaller reporting company☐Emerging growth company☐United Airlines, Inc.Largeacceleratedfiler☐Acceleratedfiler☐Non-accelerated filer☒Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act. United Airlines Holdings, Inc.United Airlines, Inc. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).United Airlines Holdings, Inc.United Airlines, Inc. The number of shares outstanding of each of the issuer's classes of common stock as of April16, 2026 is shown below:United Airlines Holdings, Inc.324,569,728shares of common stock ($0.01 par value)United Airlines, Inc.1,000shares of common stock ($0.01 par value) (100% owned by United Airlines Holdings, Inc.) OMISSION OF CERTAIN INFORMATION This combined Quarterly Report on Form 10-Q is separately filed by United Airlines Holdings, Inc. and United Airlines, Inc. United Airlines, Inc.meets the conditions set forth in General Instruction H(1)(a) and (b)of Form 10-Q and is therefore filing this form with the reduced disclosure formatallowed under that General Instruction. United Airlines Holdings, Inc.United Airlines, Inc. Quarterly Report on Form 10-QFor the Quarterly Period Ended March 31, 2026 Table of Contents PART I. FINANCIAL INFORMATIONItem1. Financial StatementsUnited Airlines Holdings, Inc.:Statements of Consolidated OperationsStatements of Consolidated Comprehensive Income (Loss)Consolidated Balance SheetsCondensed Statements of Consolidated Cash FlowsStatement of Consolidated Stockholders' EquityUnited Airlines, Inc.:Statements of Consolidated OperationsStatements of Consolidated Comprehensive Income (Loss)Consolidated Balance SheetsCondensed Statements of Consolidated Cash FlowsStatement of Consolidated Stockholder's EquityCombined Notes to Condensed Consolidated Financial Statements(United Airlines Holdings, Inc. and United Airlines, Inc.)Note 1 - Basis of PresentationNote 2 - Revenue RecognitionNote 3 - Earnings Per ShareNote 4 - Accumulated Other Comprehensive Income (Loss)Note 5 - Income TaxesNote 6 - Pension and Other Postretirement Benefit PlansNote 7 - Fair Value Measurements, Investments and Notes ReceivableNote 8 - DebtNote 9 - Commitments and ContingenciesNote 10 - Special Charges (Credits)Item2. Management's Discussion and Analysis of Financial Condition and Results of OperationsItem3. Quantitative and Qualitative Disclosures About Market RiskItem4. Controls and ProceduresPART II. OTHER INFORMATIONItem 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 5. Other Information Item6. ExhibitsExhibit IndexSignatures PART I. FINANCIAL INFORMATION ITEM1. FINANCIAL STATEMENTS. UNITED AIRLINES HOLDINGS, INC.STATEMENTS OF CONSOLIDATED OPERATIONS (UNAUDITED)(In millions, except per share amounts) UNITED AIRLINES HOLDINGS, INC.STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME (LOSS) (UNAUDITED)(In millions) UNITED AIRLINES HOLDINGS, INC.CONSOLIDATED BALANCE SHEETS (UNAUDITED)(In millions, except shares) UNITED AIRLINES HOLDINGS, INC.CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (UNAUDITED)(In millions) UNITED AIRLINES, INC.STATEMENTS OF CONSOLIDATED OPERATIONS (UNAUDITED)(In millions) UNITED AIRLINES, INC.STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME (LOSS) (UNAUDITED)(In millions) UN