UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 7, 2016
UNITED CONTINENTAL HOLDINGS, INC.
UNITED AIRLINES, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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001-06033 |
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36-2675207 |
(State or other jurisdiction |
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(Commission |
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(IRS Employer |
233 S. Wacker Drive, Chicago, IL |
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60606 |
(Address of principal executive offices) |
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(Zip Code) |
(872) 825-4000
(872) 825-4000
Registrants telephone number, including area code
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 7.01. Regulation FD Disclosure.
On January 7, 2016, United Airlines, Inc., a wholly owned subsidiary of United Continental Holdings, Inc., issued a press release providing an update on the health status of President and Chief Executive Officer Oscar Munoz. The press release is attached as Exhibit 99.1 and is incorporated herein by reference.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit |
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Description |
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99.1 |
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Press Release issued by United Airlines, Inc. dated January 7, 2016. |
SIGNATURE
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.
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UNITED CONTINENTAL HOLDINGS, INC. | |
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UNITED AIRLINES, INC. | |
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By: |
/s/ Jennifer L. Kraft |
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Name: Jennifer L. Kraft | |
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Title: Deputy General Counsel and Secretary | |
Dated: January 7, 2016 |
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Exhibit 99.1
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United Provides Additional Update on Health Status of
CEO Oscar Munoz
CHICAGO, Jan. 7, 2016 United Airlines today announced that Oscar Munoz, the companys president and CEO, is currently recovering well following the heart transplant he received on Jan. 6, 2016. He is still expected to return from his previously announced medical leave at the end of the first quarter or the beginning of the second quarter of 2016. Brett J. Hart will continue as the acting CEO until Munozs return.
In a letter to employees on Nov. 5, 2015, Munoz stated that he expected to return full time in the first quarter of 2016. Since his heart attack on Oct. 15, 2015, Munoz has been progressing well, with the assistance of an implanted medical device. A transplant was considered to be preferable to long-term reliance on the implanted device and was not the result of a setback in his recovery. Munoz had been cleared to return to work prior to the transplant. Since early December, Munoz had been gradually resuming company-related activities in collaboration with Hart, visiting with employees, and participating in meetings at the companys headquarters.
Dr. Duc Pham, MD, Director of the Northwestern Medicine Heart Transplant Program commented, The surgical team was quite pleased with how the procedure went. The patients early course has been excellent, and the transplanted heart is functioning very well. We are very optimistic about his prospects for a complete recovery.
Given Mr. Munozs excellent physical condition and the rapid pace of his recovery prior to the transplant, we expect a quick recovery and a return to his duties as CEO said Patrick M. McCarthy, MD, Chief of Cardiac Surgery for Northwestern Medicine.
We wish Oscar well as he progresses on his road to recovery and we look forward to his expected return, said Henry L. Meyer III, non-executive chairman of the board of directors. We take comfort in the prognosis for Oscars full recovery, based both on the report from his medical team and what we have learned about transplants from our own consulting cardiologist. We will, of course, be monitoring Oscars progress closely and both his and the boards focus will be on the best interests of our shareholders. In the meantime, the board is working closely with Brett and the full executive team to continue delivering on our commitments to customers and employees.
I want to assure all of our customers, employees and partners that as Oscar completes his recovery, we remain focused on leading the company forward and implementing Oscars strategic vision, said acting CEO, Hart.
About United
United Airlines and United Express operate an average of nearly 5,000 flights a day to 352 airports across six continents. In 2014, United and United Express operated nearly two million flights carrying 138 million customers. United is proud to have the worlds most comprehensive route network, including U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C. United operates more than 700 mainline aircraft, and this year, the airline anticipates taking delivery of 34 new Boeing aircraft, including the 787-9 and the 737-900ER. United is also welcoming 49 new Embraer E175 aircraft to United Express. The airline is a founding member of Star Alliance, which provides service to 192 countries via 28 member airlines. Approximately 84,000 United employees reside in every U.S. state and in countries around the world. For more information, visit united.com, follow @United on Twitter or connect on Facebook. The common stock of Uniteds parent, United Continental Holdings, Inc., is traded on the NYSE under the symbol UAL.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements included in this release, particularly with regard to our expectation regarding Munozs prognosis and return from his heart transplant, are forward-looking and thus reflect our current expectations and beliefs. Such forward-looking statements are and will be subject to many risks and uncertainties.