United Continental posts $448 M Q1 loss

United Continental Holdings reported a $448 million net loss for the first quarter, compared with a $213 million net loss for the same period last year.

The loss includes $162 million in special costs "primarily" related to United's integration of Continental Airlines, according to the carrier.

United's average first-quarter one-way fare increased nearly 7% to $271.76.

Chief Revenue Officer Jim Compton during the carrier's earnings call said corporate revenues increased 10% year over year, with average corporate yield, a representation of average fare per mile, up 4%.

Source: Business Travel News

Comments

From Our Partners


From Our Partners

How You Can Sell Alaska This Summer - Webinar 1
How You Can Sell Alaska This Summer - Webinar 1
Register Now
We Love Travel Advisors 2022 Guide
We Love Travel Advisors 2022 Guide
Read More
Explorers Wanted: Who is the ideal client for Polar travel?
Explorers Wanted: Who is the ideal client for Polar travel?
Register Now

JDS Travel News JDS Viewpoints JDS Africa/MI