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United Airlines Holdings, Inc. (UAL) Barclays 43rd Annual Industrial Select Conference February 18, 2026 8:40 AM EST
Company Participants
Kristina Munoz – Managing Director of Investor Relations
Michael Leskinen – Executive VP & CFO
Conference Call Participants
Brandon Oglenski – Barclays Bank PLC, Research Division
Presentation
Brandon Oglenski
Barclays Bank PLC, Research Division
Welcome to day 2 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 Kristina wants to read a quick message.
Kristina Munoz
Managing Director of Investor Relations
Yes. Thank you, Brandon. So our presentation today might contain forward-looking statements with information currently available to the company. Unless otherwise noted, the financial measures we will discuss are non-GAAP. Please refer to our latest earnings release for definitions and reconciliations to the most directly comparable GAAP measures.
Brandon Oglenski
Barclays Bank PLC, Research Division
Thank you, Kristina. Well, good morning, Mike. Joining us for United is Mike Leskin, Chief Financial Officer. Glad to have you guys down here.
Question-and-Answer Session
Brandon Oglenski
Barclays 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 your general bias towards United right now?
Michael Leskinen
Executive VP & CFO
You don’t let us see the results.
Brandon Oglenski
Barclays Bank PLC, Research Division
Positive, negative or neutral. Got be fast. There were some
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