United Second Quarter Profit Up 68%

By Paul Riegler on 24 July 2014
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United aircraft in Minneapolis

United aircraft in Minneapolis

United-Continental Holdings announced financial results for the second quarter of 2014.

The Chicago-based airline reported a profit of $919 million, a 51% year-over-year increase.  Including special charges, net profit was up 68% at $789 million, compared with $469 in Q2 2013.  Revenue was up 3.3% to $10.33 billion.

Passenger revenue per available seat mile rose 3.7%.

Passenger traffic in Q2 showed a 0.6% increase and capacity was down by 0.1%.  The airline’s load factor increased to 85.3% from 84.9%.

(Photo: Accura Media Group)

 

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