type public traded as nyse ual dow jones transportation average component industry aviation predecessor ual corporation founded october 1 2010 2010 10 01 chicago illinois headquarters willis tower chicago loop chicago illinois u.s. area served worldwide key people oscar mu oz ceo 1 scott kirby president 2 robert a. milton chairman 3 andrew levy cfo 4 julia haywood cco 5 services airline services revenue us 38.901 billion 2014 6 operating income us 2.373 billion 2014 6 net income us 1.132 billion 2014 6 total assets us 37.353 billion 2014 6 total equity us 2.396 billion 2014 6 number of employees 84 000 2015 7 subsidiaries united airlines united express operated by cape air commutair expressjet airlines gojet airlines mesa airlines shuttle america silver airways skywest airlines trans states airlines website www.unitedcontinentalholdings.com footnotes references 8 united continental holdings inc. formerly ual corporation is a publicly traded airline holding company headquartered in the willis tower in chicago . 9 uch owns and operates united airlines inc. the company is the successor of ual corporation which agreed to change its name to united continental holdings in may 2010 when a merger agreement was reached between united and continental airlines . its stock trades under the ual symbol . to effect the merger continental shareholders received 1.05 shares of ual stock for each continental share effectively meaning continental was acquired by ual corporation ; at the time of closing it was estimated that united shareholders owned 55 % of the merged entity and continental shareholders owned 45 % . 10 the company or its subsidiary airlines also have several other subsidiaries . once completely combined united became the world s largest airline as measured by revenue passenger miles . united is a founding member of the star alliance . 11 uch has major operations at chicago o hare denver guam houston intercontinental los angeles newark new jersey san francisco tokyo narita and washington dulles . uch s united air lines inc. controls several key air rights including being one of only two american carriers authorized to serve asia from tokyo narita the other being delta air lines . additionally uch s united is the largest u.s. carrier to the people s republic of china and maintains a large operation throughout asia . 11 uch uses continental s operating certificate and united s repair station certificate having been approved by the faa on november 30 2011 . 12 13 contents 1 major subsidiaries 2 development 3 branding 4 fleet 5 hubs 6 see also 7 references 8 external links major subsidiaries edit united s global headquarters occupy 16 floors of willis tower in chicago the following is the list of current subsidiaries of united continental holdings inc. 14 15 united airlines inc. formerly continental airlines inc. 16 air micronesia inc. continental micronesia inc. cal cargo s.a. de c.v. calfinco inc. century casualty company continental airlines de mexico s.a. continental airlines domain name limited continental airlines finance trust ii continental airlines inc. supplemental retirement plan for pilots trust agreement continental airlines purchasing holdings llc continental airlines purchasing services llc continental express inc. presidents club of guam inc. four star insurance company ltd. ual benefits management inc. united airlines inc. the original united airlines covia llc mileage plus holdings llc mph i inc. mileage plus marketing inc. mileage plus inc. united aviation fuels corporation united cogen inc. united vacations inc. development edit early in february 2008 ual corporation and continental airlines began advanced stages of merger negotiations and were expected to announce their decision in the immediate aftermath of a definitive merger agreement between rival delta air lines and northwest airlines . 17 the timing of the events was notable because northwest s golden shares in continental that gave northwest veto authority against any merger involving continental could be redeemed freeing continental to pursue a marriage with united . on april 27 2008 continental broke off merger negotiations with united and stated it was going to stand alone . 18 despite ending merger talks continental announced that it will join united in the star alliance . 19 united and us airways were in advanced merger talks in late april 2008 following the announcement that continental had broken off talks with united . 20 in june 2008 ceos of both united airlines and continental airlines signed an alliance pact presaging their eventual merger . the alliance is an agreement to link international networks and share technology and passenger perks . this agreement is basically a virtual merger that includes many of the benefits of a merger without the actual costs and restructuring involved . the alliance took effect about a year after delta air lines and northwest airlines completed their merger as that released continental from the skyteam contract and allowed for the required nine month notice . additionally continental joined the star alliance as delta and northwest merged . 21 united airlines was reported to be in serious merger discussion with us airways in early april 2010 . a new york times report indicated that a deal was close . union consent was cited as a major hurdle for negotiators to clear . 22 on april 22 2010 united announced that it would not pursue a merger with us airways . 23 the board of directors at continental and united airlines approved a stock swap deal that would combine them into the world s largest airline on sunday may 2 2010 . the airlines publicly announced the deal the next day . 24 this would re unite walter varney s airlines which offspring includes continental and united . 25 wikinews has related news continental and united airlines to merge continental and united airlines shareholders approve merger both airlines have taken losses in the recession and expect the merger to generate savings of more than 1 billion a year . 26 combined they fly to some 370 destinations in 59 countries from their ten hubs 27 and carry 144 million passengers a year . 26 combined revenues will be about 29 billion . 28 in july the merger of the two airlines was approved by the european union . 29 on august 27 2010 the u.s. department of justice approved the 3 billion merger 30 and shareholders of both the companies approved the merger on september 17 2010 . 31 32 on october 1 2010 ual corporation the parent company of united airlines completed its acquisition of continental airlines and changed its name to united continental holdings inc. although the two airlines remained separated until the operational integration was completed as of this day both airlines are corporately controlled by the same leadership . both carriers achieved a single operating certificate from the faa on november 30 2011 which allowed both airlines to operate under the name united . 33 branding edit when united airlines and continental airlines announced their merger in may 2010 they introduced their new corporate branding . it featured the words united airlines in the then current continental typeface and continental s globe like logo . united updated their branding once again in august 2010 replacing the words united airlines with the single word united and changing the font to united s traditional upper case sans serif font . 34 united s new ceo jeff smisek who previously served as continental s chairman helped design the new font integrating it with the existing lippincott designed continental graphics . he has noted that he has received over 15 000 emails with suggestions for a new livery . 35 united continental holdings inc. the company became the parent company of continental airlines inc. continental upon the closing of a merger transaction the merger on october 1 2010 . as part of the merger integration on march 31 2013 the company merged its two operating subsidiaries continental and united airlines inc. united airlines with continental continuing as the surviving corporation and as a whollyowned subsidiary of the company . upon the closing of this transaction on march 31 2013 continental s name was changed to united airlines inc. united . a continental airlines boeing 737 900er series aircraft n53442 was the first aircraft to be painted into the new livery for the combined company . united continental holdings also brings its larger airline services to smaller communities via its branding rights and ownership over the continental connection continental express and united express trademarks . continental connection and continental express will be consolidated into the united express marketing and branding as the merger integration moves forward . as of late 2010 george gershwin s 1924 rhapsody in blue will remain as the new united s theme song the song has since been featured on new safety videos on united and continental aircraft . it was announced february 2011 that united would maintain its p.s. or premium service transcontinental aircraft and update the interiors . the first united 747 featuring the new livery was painted in february 2011 . re painting and branding is said to be accelerated beginning mid 2011 . 36 united s new interim advertisement shown on a print ad on march 1 2011 . on march 1 2011 united unveiled an interim marketing campaign replacing the previous it s time to fly campaign which included fingerpaint ads and television spots created by fallon . on the same date united removed the iconic 38 year old saul bass designed tulip logo from its website and all new advertisements will feature the former continental globe logo . this new campaign was used until 2012 when united reconditioned a former slogan fly the friendly skies . 37 the newly released ads adopt the same concept of the former continental ads which simply express a one liner . fleet edit main article united airlines fleet united airlines operates more than 750 mainline aircraft . hubs edit the combined airline serves up to 370 destinations from the 9 hubs listed below . this may be subject to change due to future developments and decisions . as of february 4 2014 united has officially stated they will be removing hub status from cleveland hopkins international airport . 38 guam is the only hub airport that united has not rebranded from continental . 39 united airlines hubs airport area served type region airline before merger antonio b. won pat international airport guam pacific hub continental denver international airport denver colorado western hub united george bush intercontinental airport houston texas largest hub primary gateway to latin america continental los angeles international airport los angeles california secondary west coast hub united narita international airport tokyo japan asian hub united newark liberty international airport newark new jersey new york metropolitan area primary east coast hub continental o hare international airport chicago illinois second largest hub primary midwest hub united san francisco international airport san francisco california san francisco bay area primary west coast hub united washington dulles international airport northern virginia washington d.c. secondary east coast hub united see also edit chicago portal illinois portal companies portal aviation portal continental airlines united airlines list of airline mergers and acquisitions references edit united airlines names oscar mu oz chief executive officer . september 8 2015 . retrieved september 8 2015 . united poaches american airlines president scott kirby . august 30 2016 . retrieved august 30 2016 . united names former air canada ceo robert milton as chairman settles proxy dispute . september 2 2016 . retrieved september 2 2016 . http newsroom.united.com 2016 08 18 united appoints new senior leaders http newsroom.united.com 2016 08 18 united appoints new senior leaders a b c d e 2010 form 10 k united continental holdings . united states securities and exchange commission . united airlines fact sheet pdf . unitedcontinentalholdings.com . retrieved february 17 2013 . united fact sheet pdf . retrieved july 25 2012 . 1 . united continental holdings . retrieved on october 3 2010 . united continental holdings inc. investor relations news . ir.unitedcontinentalholdings.com . retrieved february 12 2011 . a b unitedcontinentalmerger.com . unitedcontinentalmerger.com