United airlines net income up 84%

24 January 2014

United Airlines (NYSE: UAL) said its full-year 2013 net income was USD1.084bn, an increase of 84 percent year-over-year, or USD2.84 per diluted share, excluding USD513m of special charges.

Including special charges, UAL reported full-year 2013 net income of USD571m, or USD1.53 per diluted share. UAL reported fourth-quarter 2013 net income of USD298m, or USD0.78 per diluted share, excluding USD158m of special charges. Including special charges, UAL reported fourth-quarter 2013 net income of USD140m, or USD0.37 per diluted share.

UAL reported it earned a 10.0 percent return on invested capital in 2013 and generated USD38.3bn of revenue in 2013, an increase of 3.0 percent year-over-year. Its consolidated passenger revenue per available seat mile (PRASM) increased 3.1 percent in 2013 compared to 2012.

United Airlines and United Express operate an average of more than 5,300 flights a day to more than 360 airports across six continents. For more information, visit united.com.

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