United Airlines shares climb after 30 percent surge in profit despite bigger fuel bill [CNBC]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: CNBC
Gary Hershorn | Getty Images A United Airlines airplane takes off at Newark Liberty Airport. Strong travel demand and higher fares helped United Continental Holdings grow its third-quarter profit nearly 30 percent, despite a surge in fuel costs. Shares of United Airlines' parent company rose more than 5 percent in aftermarket trading after it posted results Tuesday for the quarter that closed Sept. 30. United's net income during the third quarter, which included the peak summer travel season, rose 29.6 percent from a year ago to $863 million on revenues of about $11 billion, which climbed more than 11 percent from the same period last year. United CEO Oscar Munoz said in a statement that he is more confident than ever that the airline can reach its target of adjusted per-share earnings of between $11 and $13 by 2020. The airline's fuel cost increased more than 35 percent in the quarter, United said. Revenue per available seat mile, a
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UAL
Earnings
- 4/16/24 - Beat
UAL
Sec Filings
- 4/23/24 - Form DEFR14A
- 4/23/24 - Form 8-K
- 4/23/24 - Form 8-A12B/A
- UAL's page on the SEC website