United Airlines reported higher profit in the latest quarter on stronger revenue and lower fuel costs, despite challenges from the grounding of Boeing’s 737 MAX
United Airlines Holdings Inc. reported higher profit in the latest quarter on stronger revenue and lower fuel costs, despite challenges from the grounding of Boeing Co.’s 737 MAX.
United’s fourth-quarter net profit rose to $641 million, or $2.53 a share, from $461 million, or $1.69 a share a year earlier. Excluding one-time charges, United’s adjusted earnings were $2.67 a share, 2 cents ahead of the $2.65 consensus among analysts polled by FactSet.
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