New York, June 15, 2015 -- Moody's Investors Service upgraded most ratings of United Continental Holdings, Inc. ("UAL"), including the Corporate Family Rating to Ba3 from B1, Senior Secured rating assigned to corporate obligations to Ba1 (LGD2) from Ba2 (LGD2), Senior Unsecured to B1 (LGD5) from B3 (LGD5) and most of the Enhanced Equipment Trust Certificate ("EETC") ratings. The Speculative Grade Liquidity Rating is affirmed at SGL-1. The rating outlook is positive.

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