Aviation Industry

United doubles 1Q profit on cost management, pre-tax margin growth


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 ..

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Fuente: https://atwonline.com/airline-financials/united-doubles-1q-profit-cost-management-pre-tax-margin-growth

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