Read more »


United’s Profitable $1.4 Billion Loss

You’ll probably see articles today mentioning United Airlines’ $1.4 billion second quarter loss.  Yes, that’s a boatload of money.  Except that it isn’t.  Virtually all of that is from writeoffs related to their (yet still) ongoing restructuring.  The carrier actually posted a small operating profit.  Really.  And while posting a profit while under bankruptcy is not exactly a reason to break out the champagne, it’s a sign of life and a bit of good news as United looks to exit bankruptcy this fall.

Did you enjoy this post?
Sign Up to Receive 1 Email Each Day
Join the more than 7000+ people who get 1 email each day with all the airline news, credit card ideas and general nonsense we've provided for more than 10 years.

Comments are closed.