<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM UAL CORPORATION'S STATEMENT OF CONSOLIDATED OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 1994 AND STATEMENT OF CONSOLIDATED FINANCIAL POSITION AS OF DECEMBER 31, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <MULTIPLIER> 1,000,000 <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <PERIOD-TYPE> 12-MOS <CASH> 500 <SECURITIES> 1,032 <RECEIVABLES> 911 <ALLOWANCES> 22 <INVENTORY> 285 <CURRENT-ASSETS> 3,192 <PP&E> 11,956 <DEPRECIATION> 5,233 <TOTAL-ASSETS> 11,764 <CURRENT-LIABILITIES> 4,906 <BONDS> 3,617 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (316) <TOTAL-LIABILITY-AND-EQUITY> 11,764 <SALES> 0 <TOTAL-REVENUES> 13,950 <CGS> 0 <TOTAL-COSTS> 13,429 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 372 <INCOME-PRETAX> 171 <INCOME-TAX> 94 <INCOME-CONTINUING> 77 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (26) <NET-INCOME> 51 <EPS-PRIMARY> (0.61) <EPS-DILUTED> 0