The globally recognized $24 billion American aviation leviathan that is United actually possesses a historic, strategic corporate lineage, originally founded in 1926 as a scrappy pioneer of the early US air mail routes. The ambitious founder, Walter T. Varney, was intensely focused on the glaring inefficiencies of early transport. However, the foundational core of the modern airline was violently forged by William Boeing, who recognized a lucrative structural opportunity: total vertical monopoly. He launched United Aircraft and Transport, rolling up independent airlines and laying the foundational architecture for the nation's modern commercial aviation grid before the federal government forcibly broke up the monopoly in 1934.