Sustainable Biz - Magazine - Page 35
about the company is at www.united.com.
United Airlines Holdings, Inc., the parent
company of United Airlines, Inc., is traded on
the Nasdaq under the symbol "UAL".
United Forward-Looking Statements and
Other Important Information
This press release contains certain "forwardlooking statements" within the meaning of
the Private Securities Litigation Reform Act
of 1995 relating to, among other things, plans
and projections regarding the company's
environmental, social or governance (ESG)
goals, targets, commitments, strategies
and initiatives and related business and
stakeholder impacts. All statements that
are not statements of historical facts are,
or may be deemed to be, forward-looking
statements. Such forward-looking statements
are based on historical performance and
current expectations, estimates, forecasts
and projections about our future financial
results, plans, objectives, goals, targets,
commitments, strategies and initiatives and
involve inherent risks, assumptions and
statement can be guaranteed. Forwardlooking statements in this press release
should be evaluated together with the many
risks and uncertainties that affect United's
business and market, particularly those
identified in the "Management's Discussion
and Analysis of Financial Condition and
Results of Operations" and "Risk Factors"
sections in United's Annual Report on
Form 10-K for the year ended December
31, 2023, as updated by our subsequent
Quarterly Reports on Form 10-Q, Current
Reports on Form 8-K and other filings with
the Securities and Exchange Commission.
Risks and uncertainties related to United's
environmental compliance, climate
commitments and climate strategy are
further described in Part I, Item 1A. Risk
Factors of United's Annual Report on Form
10-K for the fiscal year ended December
31, 2023 - "We are subject to many forms
of environmental regulation and liability as
well as risks associated with climate change
and may incur substantial costs as a result. In
Heirloom’s technology aligns directly with this
objective, offering a scalable and commercially
viable approach and complements United's
commitment to net zero by 2050.
About Heirloom
Since its founding in 2020, Heirloom has
become one of the world's leading DAC
companies. In 2023, Heirloom began
operating North America's first commercial
DAC facility in Tracy, California. Heirloom
is part of the team building Project Cypress
— a Department of Energy supported DAC
Hub, which is eligible for up to $600 million
in government funding, and which will bring
large-scale carbon removal to Louisiana and
create nearly 1,000 new jobs.
About United
At United, Good Leads The Way. With U.S.
hubs in Chicago, Denver, Houston, Los
Angeles, New York/Newark, San Francisco
and Washington, D.C., United operates the
most comprehensive global route network
among North American carriers and is now
the largest airline in the world as measured
by available seat miles. For more about how
to join the United team, please visit www.
united.com/careers and more information
uncertainties, known or unknown, including
internal or external factors that could delay,
divert or change any of them, that are difficult
to predict, may be beyond our control and
could cause our future financial results, plans,
objectives, goals, targets, commitments,
strategies and initiatives to differ materially
from those expressed in, or implied by,
the statements. These risks, assumptions,
uncertainties and other factors include,
among others, any failure to meet stated
ESG goals, targets, commitments, strategies
and initiatives in the time frame expected or
at all as a result of many factors, including
changing societal, market, competitive,
regulatory or stakeholder expectations; any
delay or inability of United Airlines to realize
the expected benefits of the investment;
and any delay or failure of any technology
to be fully developed or become functional
or marketable or to serve the purpose for
which it was designed. No forward-looking
addition, failure to achieve or demonstrate
progress towards our climate goals may
expose us to liability and reputational harm."
The statements included in this press release
are made only as of the date of this press
release and except as otherwise required by
applicable law or regulation, United Airlines
undertakes no obligation to publicly update
or revise any statement, whether as a result
of new information, future events, changed
circumstances or otherwise. In particular,
United Airlines reserves the right to change,
amend, supplement, or abandon some
or all of the statements regarding goals,
targets, commitments, strategies, initiatives,
intentions and other statements from time to
time without notice.
In addition, some of our disclosures in
this press release are estimates or based on
assumptions due to inherent measurement
uncertainties.
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