United Airlines Holdings, Inc. · NASDAQ:UAL
United Airlines — Continental Airlines — Hudson Securities 2010 Airline Conference
22 slides from United Airlines's conference presentation, Dec 8, 2010
Slide 1: Hudson Securities 2010 Airline Conference
Hudson Securities 2010 Airline Conference United Continental Holdings December 8, 2010 Exhibit 99.1
Slide 2: Jeff Smisek, President and Chief Executive Officer
Jeff Smisek President and Chief Executive Officer United Continental Holdings, Inc.
Slide 3: United – The world's leading airline
Unparalleled Global Network Strong Partnerships Industry Leading Products & Services Exceptional Coworkers United – The world’s leading airline
Slide 4: Global network with unsurpassed scope
#1 across the Pacific #1 in US / Canada #2 to Latin America #2 across the Atlantic Destinations 13 Countries 62 Average Daily Departures Trans-Pacific Service 69 Destinations 24 Countries 156 Average Daily Departures Latin American & Caribbean Service 34 Destinations 21 Countries 74 Average Daily De
Slide 5: Star – The world's leading alliance
16% 16% 27% Star – The world’s leading alliance Global Capacity Share By Alliance * Future members * *
Slide 6: Industry leading loyalty program for customers
Industry leading loyalty program for customers • 2011 program alignment is first step towards consolidating loyalty of most valued customers • Loyalty program of choice in key metro areas • Vast array of travel and retail partners for earning miles • Broad redemption opportunities on our combined ne
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Slide 8: United's goal is to be the airline of choice for the global business traveler
United’s goal is to be the airline of choice for the global business traveler
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Slide 11: Zane Rowe, Executive Vice President and CFO
Zane Rowe Executive Vice President and CFO United Continental Holdings, Inc.
Slide 12: Strong financial performance
Strong financial performance Consolidated Revenue – TME 3Q10 Note: Excludes specials, one-time items and non-cash MTM hedge gains/losses. GAAP to non-GAAP reconciliation included in the appendix. Source: Earnings releases and SEC filings. -3.4% 3.5% 3.5% 3.9% 7.0% Pre-tax Income Margin – TME 3Q10 An
Slide 13: Industry leading revenue premium
Industry leading revenue premium 9.26 10.38 10.52 11.52 Consolidated PRASM – TME 3Q10 Consolidated PRASM numbers adjusted for length of haul. Source: Earnings releases and SEC filings. • Carrier of choice for business and premium travelers • Well diversified global network • Award winning products a
Slide 14: Strong operational performance is the foundation for revenue performance
Strong operational performance is the foundation for revenue performance and customer satisfaction YTD October 2010 Domestic Mainline Completion Factor YTD October 2010 Domestic Mainline Arrival :14 Industry Avg. ex. UAL 98.2% UAL 98.9% Industry Avg. ex. UAL 78.5% UAL 82.3% 1. UAL operational perfor
Slide 15: Range & A320 Families
Range 737 & A320 Families B757 B747 B777 B767 Combined fleet permits us to match the right aircraft to the right markets • Current Aircraft: • Optimized Aircraft: • Results: – 69 additional seats per departure – Better able to capture strong cargo demand – Downgauge UA hub-to-hub flying (B767 to B75
Slide 16: Network strength and business traveler focus provide additional revenue opportunities
United’s network strength and business traveler focus provide additional revenue opportunities • Unparalleled global reach and concentration in key business centers • Little overlap of existing corporate accounts • Well positioned for corporate account expansion US Census Bureau populations estimate
Slide 17: UNITED
UNITED®
Slide 18: Merger provides near-term cost reduction opportunities
Elimination of Redundancies Economies of Scale Merger provides near-term cost reduction opportunities • Improve airport efficiencies • Distribution cost reductions • Immediate procurement opportunities • Streamline corporate overhead • Co-locate airport facilities – ~25 expected by 1H 2011, up to 50
Slide 19: United remains committed to capacity discipline
Real US GDP Forecast (Year-Over-Year % Change) 3.0% 2.4% 2.8% Global Insight Estimate – November United remains committed to capacity discipline Consolidated 1.0% - 2.0% International 3.0% - 4.0% Domestic (0.5)% - 0.5% 2011 Capacity Guidance Guidance Range In line with industry
Slide 20: Strong liquidity position and focus on strengthening the balance sheet
Strong liquidity position and focus on strengthening the balance sheet Third Quarter Liquidity (Percent of Last Twelve Months Revenue) 17.2% 17.8% 21.1% 27.7% Liquidity Balance (In $B) $9.1 $4.8 $5.6 $2.0 1. Liquidity is calculated based on 3Q10 ending unrestricted cash balance and TME 3Q10 Revenue.
Slide 21: Jeff Smisek, President and Chief Executive Officer
Jeff Smisek President and Chief Executive Officer United Continental Holdings, Inc.
Slide 22: Fly to Win
Fly to Win + Be profitable every year ™ Fund the Future =———,. * Maintain appropriate liquidity and use our assets to build ae our future Make Reliability a Reality * Deliver clean, safe and reliable air transportation and a competitive product Working Together + Make the new United a great place to
Continental Airlines — Hudson Securities 2010 Airline Conference on 6ix