**United      Air Lines, Inc. and Subsidiary Companies**

**Computation      of Ratio of Earnings to Fixed Charges**

**and      Ratio of Earnings to Fixed Charges and Preferred Stock Dividend      Requirements**

|                                                                                                                                                             |   | Successor                                                                |   |   | Predecessor                                             |      |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|--------|---------------------------------------------------------|-----------|
|                                                                                                                                                             |   | Six                      Months Ended June                      30, |   |   | Period                      from February 1 to June 30, |      |   | Period                      from January 1 to January 31, |   |
| (In                    millions)                                                                                                                                 |   | 2007                                                                     |   |   | 2006                                                    |      |   | 2006 |   |
|                                                                                                                                                             |   |                                                                     |   |   |                                                    |      |   |   |   |
| Earnings                    (losses):                                                                                                                       |   |                                                                     |   |   |                                                    |      |   |   |   |
| Earnings                      (loss) before income taxes & adjustments for minority interest and                      equity earnings/(losses) in affiliates |   | $                                                                        | 243    |   |                                                    | $         | (100 | ) |   | $ | 22,620 |   |
|                                                                                                                                                             |   |                                                                     |   |   |                                                    |      |   |   |   |   |   |   |
| Add                      (deduct):                                                                                                                               |   |                                                                     |   |   |                                                    |      |   |   |   |   |   |   |
|   Fixed                      charges, from below                                                                                                       |   |                                                                     | 469    |   |                                                    |      | 495 |   |   |   | 64 |   |
|   Distributed                      earnings of affiliates                                                                                              |   |                                                                     | -      |   |                                                    |      | 3 |   |   |   | - |   |
|   Amortization                      of capitalized interest                                                                                            |   |                                                                     | -      |   |                                                    |      | - |   |   |   | 1 |   |
|   Interest                      capitalized                                                                                                            |   |                                                                     | (9     | )      |                                                    |      | (7 | ) |   |   | - |   |
|   Minority                      interest                                                                                                               |   |                                                                     | (1     | )      |                                                    |      | - |   |   |   | - |   |
|      Earnings                      (loss) as adjusted                                                                                   |   | $                                                                        | 702    |   |                                                    | $         | 391 |   |   | $ | 22,685 |   |
|                                                                                                                                                             |   |                                                                     |   |   |                                                    |      |   |   |   |   |   |   |
|                                                                                                                                                             |   |                                                                     |   |   |                                                    |      |   |   |   |   |   |   |
| Fixed                      charges:                                                                                                                              |   |                                                                     |   |   |                                                    |      |   |   |   |   |   |   |
|   Interest                      expensed and capitalized and amortization                                                                              |   |                                                                     |   |   |                                                    |      |   |   |   |   |   |   |
|      of                      debt discounts and issuance costs (a)                                                                      |   | $                                                                        | 345    |   |                                                    | $         | 346 |   |   | $ | 42 |   |
|   Portion                      of rental expense representative                                                                                        |   |                                                                     |   |   |                                                    |      |   |   |   |   |   |   |
|      of                      the interest factor                                                                                        |   |                                                                     | 124    |   |                                                    |      | 149 |   |   |   | 22 |   |
|      Fixed                      charges, as above                                                                                       |   |                                                                     | 469    |   |                                                    |      | 495 |   |   |   | 64 |   |
|                                                                                                                                                             |   |                                                                     |   |   |                                                    |      |   |   |   |   |   |   |
|   Preferred                      stock dividend requirements (pre-tax) (b)                                                                             |   |                                                                     | 10     |   |                                                    |      | 4 |   |   |   | - |   |
|      Fixed                      charges including preferred stock dividends                                                        |   | $                                                                        | 479    |   |                                                    | $         | 499 |   |   | $ | 64 |   |
|                                                                                                                                                             |   |                                                                     |   |   |                                                    |      |   |   |   |   |   |   |
| Ratio                      of earnings to fixed charges                                                                                                          |   |                                                                     | 1.50   |   |                                                    | (c)       |   |   |   | 354.45 |   |
| Ratio                      of earnings to fixed charges and preferred dividend                      requirements                                            |   |                                                                     | 1.47   |   |                                                    |  (c) |   |   |   | 354.45 |   |

|  | (a) | Amortization                of debt discounts includes amortization of fresh-start valuation                discounts. |
|--|-----|------------------------------------------------------------------------------------------------------------------------|
|   |   |   |
|--------|--------|--------|

|  | (b) | Successor                Company 2007 dividends were adjusted using an estimated 2007 effective                tax                rate of approximately 47%. Preferred dividend requirements were                nonexistent for the Predecessor Company as push down accounting was                not                applied prior to the adoption of fresh-start                reporting. |
|--|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |   |
|--------|--------|--------|

|  | (c) | Earnings                were inadequate to cover both fixed charges and fixed charges and                preferred dividend requirements by $104 million and $108 million,                respectively, for the period from February 1 to June 30,                2006. |
|--|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|