United Airlines Holdings, Inc. (UAL) CEO Scott Kirby on Q1 2022 Results - Earnings Call Transcript

United Airlines Holdings, Inc. (NASDAQ:UAL) Q1 2022 Earnings Conference Call April 21, 2022 10:30 AM ET

Company Participants

Emily Zanetis - Manager of Investor Relations

Scott Kirby - Chief Executive Officer

Brett Hart - President

Andrew Nocella - Executive Vice President and Chief Commercial Officer

Gerald Laderman - Executive Vice President and Chief Financial Officer

Gregory Hart - Executive Vice President

Conference Call Participants

Savanthi Syth - Raymond James

Conor Cunningham - MKM Partners

Duane Pfennigwerth - Evercore ISI

Jamie Baker - JPMorgan

Michael Linenberg - Deutsche Bank

Ravi Shanker - Morgan Stanley

Helane Becker - Cowen and Company

Catherine O'Brien - Goldman Sachs

Brandon Oglenski - Barclays

Christopher Stathoulopoulos - SIG

Alison Sider - Wall Street Journal

Justin Bachman - Bloomberg

Chris Isidore - CNN

David Slotnick - TPG

Operator

Good morning, and welcome to United Airlines Holdings' Earnings Conference Call for the First Quarter 2022. My name is Brandon, and I'll be your conference facilitator today. Following the initial remarks from management, we will open the lines for questions. [Operator Instructions] This call is being recorded and is copyrighted. Please note that no portion of the call may be recorded, transcribed, or rebroadcast without the company's permission. Your participation implies your consent to our recording of this call. If you do not agree with these terms, simply drop off the line.

I will now turn the presentation over to your host for today's call, Emily Zanetis, Manager of Investor Relations. Zan, you may go ahead.

Emily Zanetis

Thanks, Brandon. Good morning, everyone, and welcome to United's first quarter 2022 earnings conference call. Yesterday, we issued our earnings release, which is available on our website at ir.united.com. Information in yesterday's release and the remarks made during this conference call may contain forward-looking statements, which represent the company's current expectations or beliefs concerning future events and financial performance.

All forward-looking statements are based upon information currently available to the company. A number of factors could cause actual results to differ materially from our current expectations. Please refer to our earnings release Form 10-K and 10-Q and other reports filed with the SEC by United Airlines Holdings and United Airlines for a more thorough description of these factors.

Also during the course of our call, we will discuss several non-GAAP financial measures. For a reconciliation of these non-GAAP measures to the most directly comparable GAAP measures, please refer to the tables at the end of our earnings release.