Core Insights - United Airlines is enhancing its rewards program for frequent flyers who possess a co-branded credit or debit card, allowing them to earn up to twice as many miles compared to non-cardholders [1] Group 1 - The new rewards structure is designed to incentivize the airline's biggest spenders, effectively increasing customer loyalty [1]

Core Points - United Airlines is overhauling its MileagePlus frequent-flier program, significantly reducing rewards for non-cardholders while enhancing benefits for cardholders [5][6][12] - Starting April 2, non-cardholders will earn 3 miles per dollar on travel, down from 5 miles, while cardholders will earn 6 miles per dollar [1][2] - The changes aim to incentivize loyalty through credit card ownership, with cardholders receiving up to four times more miles on travel booked with the airline [4][10] Summary by Sections Changes to MileagePlus Program - Non-cardholders will no longer earn miles on basic economy fares, marking a significant downgrade for frequent fliers without elite status [1][5] - Cardholders will receive additional benefits, including discounts on airfare and access to "Saver Award" seats for fewer miles in business class [3][4] Rationale Behind Changes - The changes are intended to highlight the value of being a cardholder and to reward those who engage more deeply with the airline [3][10] - United's strategy reflects a broader trend in the travel rewards space, where airlines are increasingly tying benefits to credit card ownership [11][14] Market Response - The announcement has led to negative sentiment among some frequent fliers, particularly those unable or unwilling to obtain a credit card [7][8] - United's stock fell nearly 6% following the announcement, indicating investor concerns about the potential backlash from customers [18] Competitive Landscape - United's changes follow similar moves by competitors Delta Air Lines and American Airlines, which have also reduced rewards for basic economy travel [13] - The airline is expanding its international credit card base, with new markets including Canada, the UK, and Brazil [9]

It has been about a month since the last earnings report for United Airlines (UAL) . Shares have added about 5.4% in that time frame, outperforming the S&P 500.But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is United due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts.Earnings Beat in ...

Group 1 - United Airlines is revamping its frequent-flyer loyalty program to reward travelers who use a United co-branded credit or debit card, while reducing mileage earning for non-cardholders [1][5] - The changes aim to increase the adoption and usage of United's card products [5] - MileagePlus cardholders will earn up to twice as many miles per dollar spent on United flights compared to non-cardholders, effective for tickets purchased on or after April 2 [3][4] Group 2 - The overhaul includes stricter rules for non-cardholders, who will earn fewer miles on flights, and general members will not earn miles on basic economy tickets unless they hold a co-branded card [4] - Loyalty programs in the airline industry have become significant profit engines, generating billions of dollars annually through the sale of frequent-flyer miles to banking partners [2]

MileagePlus members with a credit, debit or Chase co-branded card can soon earn up to twice as many miles for United flights as non-cardholders, get at least 10% off award tickets and access to exclusive Saver Award fares United now offers its most loyal members who have a United card some of the richest rewards among airline or travel credit card programs CHICAGO, Feb. 19, 2026 /PRNewswire/ -- United Airlines is giving travelers three new reasons to hold and use a United MileagePlus® credit or debit card: ...

Core Insights - United Airlines is revamping its MileagePlus frequent flyer program to reward customers based on spending rather than distance flown, marking the most significant changes in over a decade [4][6] - The new program will offer more miles and lower redemption rates for customers holding United's credit cards, aiming to attract high-spending travelers [3][10] Changes to MileagePlus Program - MileagePlus primary cardholders will earn more miles per dollar spent on United flights compared to non-cardholders, with cardholders earning six miles per dollar spent, up from the current five miles for non-cardholders [8][9] - Customers without a United credit card will see a reduction in miles earned, dropping from five miles to three miles per dollar spent [9] Redemption Rates and Discounts - Cardholders will benefit from a minimum 10% discount on mileage redemption rates compared to non-cardholders, with specific examples showing a reduction from 15,000 miles to 13,500 miles for an economy-class award ticket [10] - Elite MileagePlus members with a credit card will receive deeper discounts, with at least 15% off mileage tickets [11] Business Class and Elite Status Benefits - For long-haul business class seats in the Polaris cabin, cardholders with elite status will see a reduction from 200,000 miles to 170,000 miles for a ticket [12] - The highest tier MileagePlus 1K members using their United Club credit card can earn 17 miles for each dollar spent [13] Impact on Basic Economy Flyers - Travelers without a United credit card will not earn miles for basic economy tickets, although elite Premier status holders will still earn miles in this class [14] Considerations for Business Travelers - Business travelers using company credit cards will still benefit from personal United credit or debit card ownership, earning more miles than those who do not hold a card [15]

Question-and-Answer SessionBrandon OglenskiBarclays Bank PLC, Research Division Really quick, before we get into the conversation, I just want to do the ARS questions. So for those that were here yesterday, the keypad in front of you, we're going to do a couple of questions here real quick. So question number 1, please. Do you currently own United? Yes, overweight; 2, market weight; 3, underweight; or 4, no. Mike every year I say I need to get you quicker, but we don't. Question number 2, please. What is ...

United Airlines (NasdaqGS:UAL) FY Conference February 18, 2026 08:40 AM ET Company ParticipantsMike Leskinen - CFOConference Call ParticipantsBrandon Oglenski - Airline and Transport AnalystNone - AnalystBrandon OglenskiWelcome to day two of Barclays 43rd Annual Industrial Select Conference. I'm Brandon Oglenski, airline and transport analyst. Next up, we have United Airlines. Very excited to have them here, and I think Christina wants to read a quick message.Yes. Thank you, Brandon. So our presentation tod ...

联合航空跌幅扩大至1.8%，因管理层出席会议。 来源：滚动播报 ...

Core Insights - United Airlines has selected 300 GEnx engines from GE Aerospace to power its new Boeing 787 Dreamliners, making it the largest GEnx operator globally [1] - The agreement includes additional spare engines, increasing United Airlines' GEnx-powered 787 fleet to over 200 aircraft [1] - The GEnx engine family is noted for its advanced materials and technologies, providing greater durability and a 99.98% dispatch rate, indicating high reliability [1] Company Relationships - GE Aerospace has maintained a long-standing relationship with United Airlines since 1968, with United operating a diverse fleet of GE Aerospace and CFM powered aircraft [1] - The GEnx engine has accumulated over 70 million flight hours and powers two-thirds of all 787 aircraft in operation, as well as exclusively powering the 747-8 aircraft [1] Future Deliveries - This latest order increases GE Aerospace's firm GEnx future deliveries to nearly 1,800 engines, including spares [1]