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Arphra AIPlain-English read on United Airlines Holdings, Inc.’s valuationCredit early-warning
Structural distance-to-default, its trend and term structure, plus matched rating-agency actions for UAL.
Distance-to-default
3.13
2026-06-18
Credit grade
HY2
DtD trend
-0.00
over 6 obs
5y default prob
5.54%
model-implied
Distance-to-default history
Default-probability term structure
1Y
0.89%
2Y
1.97%
3M
0.18%
3Y
3.12%
4Y
4.31%
5Y
5.54%
6M
0.40%
9M
0.64%
Rating-agency actions · 2y
No matched agency actions.
Structural distance-to-default from the credit model; agency actions matched by issuer name. Educational — not advice.