ATLANTA AP - The parent of United Airlines says it is cutting international capacity by an extra 7 percent during the last four months of this year, as it posted a $28 million second-quarter profit due to fuel hedge gains and other one-time items.The earnings reported Tuesday were equivalent to 19 cents a share in the three months ended June 30, compared to a loss of $2.
July 21, 2009 at 12:00 AM
1 minute read
ATLANTA AP – The parent of United Airlines says it is cutting international capacity by an extra 7 percent during the last four months of this year, as it posted a $28 million second-quarter profit due to fuel hedge gains and other one-time items.
The earnings reported Tuesday were equivalent to 19 cents a share in the three months ended June 30, compared to a loss of $2.74 billion, or $21.57 a share, a year ago.
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