Fuel hedge gains push United to profit

United Airlines parent UAL Corp. posted a second-quarter net profit of $28 million largely owing to $305 million in noncash mark-to-market fuel hedge gains, much improved over a $2.74 billion loss in the year-ago period when goodwill impairment charges dragged down the bottom line. Excluding special...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.