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United Airlines Q1 net income $96 million

Staff Writer |
United Airlines announced its first-quarter 2017 financial results.

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UAL reported first-quarter net income of $96 million, diluted earnings per share of $0.31, pre-tax earnings of $145 million and pre-tax margin of 1.7 percent.

Excluding special items, UAL reported first-quarter net income of $129 million, diluted earnings per share of $0.41, pre-tax earnings of $196 million and pre-tax margin of 2.3 percent.

For the first quarter of 2017, revenue was $8.4 billion, an increase of 2.7 percent year-over-year.

First-quarter 2017 consolidated passenger revenue per available seat mile (PRASM) was flat and consolidated yield increased 0.4 percent compared to the first quarter of 2016.


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