Exhibit 12.2

United Airlines, Inc. and Subsidiary Companies

Computation of Ratio of Earnings to Fixed Charges

(In millions, except ratios)	Six Months Ended June 30, 2016		2015		2014		2013		2012		2011
Earnings (losses):
Earnings (loss) before income taxes	$	1,426	$	4,221	$	1,110	$	637	$	(657)	$	848
Add (deduct):
Fixed charges, from below		697		1,429		1,655		1,627		1,514		2,005
Amortization of capitalized interest		6		12		12		11		9		7
Distributed earnings of affiliates		—		1		1		—		—		1
Interest capitalized		(28)		(49)		(52)		(49)		(37)		(32)
Equity earnings in affiliates		2		(2)		(1)		(1)		(4)		(6)
Earnings as adjusted	$	2,103	$	5,612	$	2,725	$	2,225	$	825	$	2,823
Fixed charges:
Interest expense	$	316	$	670	$	742	$	781	$	823	$	937
Portion of rent expense representative of the interest factor (a)		381		759		913		846		691		1,068
Fixed charges	$	697	$	1,429	$	1,655	$	1,627	$	1,514	$	2,005
Ratio of earnings to fixed charges		3.02		3.93		1.65		1.37		(b)		1.41

(a) Imputed interest applied to rent expense.

(b) Earnings were inadequate to cover fixed charges by $689 million in 2012.