United Airlines (UAL) Sees Q2 Domestic PRASM Down 3.5% - 5.5%; Says Int'l Capacity Outpacing Demand

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Go back to United Airlines (UAL) Sees Q2 Domestic PRASM Down 3.5% - 5.5%; Says Int'l Capacity Outpacing Demand

United Airlines Announces Strong First-Quarter 2016 Performance

April 20, 2016 4:24 PM EDT

CHICAGO, April 20, 2016 /PRNewswire/ -- United Airlines (UAL) today reported its first-quarter 2016 financial results. 

Excluding special items, UAL reported first-quarter net income of $435 million, earnings per share of $1.23 per diluted share and pre-tax earnings of $688 million. Including special items, UAL reported first-quarter net income of $313 million, earnings per share of $0.88 per diluted share and pre-tax earnings of $494 million. During the first quarter of 2016, the company repurchased $1.5 billion worth of its common stock, representing approximately 8 percent of shares outstanding.... More