United doubles 1Q profit on cost management, pre-tax margin growth
United Airlines Boeing 787-9
Rob Finlayson
United Airlines doubled its profit in the first quarter, reporting net income of $292 million, up from $145 million in the year-ago quarter, capping out the best first quarter for the Chicago-based carrier in three years.
“We delivered another strong financial quarter in which we made important progress on our customer investments while making strategic decisions to manage our costs and producing pre-tax margin growth that we expect will lead our peers,” United CEO Oscar Munoz said.
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