SECURITIES AND EXCHANGE COMMISSION
                          Washington, DC  20549
                                    
                                    
                                FORM 8-K
                                    
                                    
                             CURRENT REPORT


                 Pursuant to Section 13 or 15(d) of the
                     Securities Exchange Act of 1934


                    Date of Report:  October 2, 1995
                    (Date of earliest event reported)


                          UAL CORPORATION
         (Exact name of registrant as specified in its charter)


            Delaware               1-6033           36-2675207
(State or other jurisdiction     (Commission     (I.R.S. Employer
     of incorporation)           File Number)    Identification No.)


1200 Algonquin Road, Elk Grove Township, Illinois   60007
 (Address of principal executive offices)         (Zip Code)


Registrant's telephone number, including area code  (708) 952-4000


                             Not Applicable
      (Former name or former address, if changed since last report)





ITEM 5.         OTHER EVENTS.

    UAL Corporation (the "Company") is filing herewith a press
release issued today by the Company as Exhibit 99.1 which is
incorporated herein by reference.



ITEM 7.         FINANCIAL STATEMENTS AND EXHIBITS.


Exhibit No.     Description

    99.1        Press Release



                               SIGNATURES


        Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.



                                UAL CORPORATION



                                By:  /s/ Douglas A. Hacker

                                Name:  Douglas A. Hacker
                                Title: Senior Vice President - Finance






Dated:  October 2, 1995





                              EXHIBIT INDEX


Exhibit
Number          Description

 99.1           Press Release






                                            Exhibit 99.1

                             Corporate Communications Contacts:
                             Connie Huff      (708) 952-5501   
                             Tony Molinaro    (708) 952-4971
                             Joe Hopkins      (708) 952-5770
                             Night/Weekend    (708) 952-4088



   UAL CORPORATION EXPLORING POSSIBLE ACQUISITION OF USAIR

FOR IMMEDIATE RELEASE

     CHICAGO, October 2, 1995 -- UAL Corporation today confirmed
that is conducting an evaluation of USAir to determine whether
UAL should submit a proposal to acquire USAir's business and
operations.
     The potential synergies from a combination of routes and
operations is intriguing, UAL said.  Both companies have complex
ownership and operating structures, and it will take some work to
see whether a proposal that is advantageous to UAL stockholders,
and ultimately, USAir stockholders, can be developed.
     There can be no assurances that UAL Corporation will submit
any proposal to USAir, or, if submitted, as to the terms and
conditions of any such proposal, or that any transaction will be
consummated.
     UAL does not expect to make any further announcements unless
a tentative agreement is signed or the company decides to
terminate discussions.