Matt Molnar
2007-07-24, 01:44 PM
UAL Reports $274 Million 2Q Profit, Biggest Since 2000 (http://biz.yahoo.com/ap/070724/earns_ual.html?.v=6)
By Dave Carpenter, AP Business Writer
Tuesday July 24, 10:27 am ET
CHICAGO (AP) -- United Airlines parent company UAL Corp. reported its biggest quarterly profit in seven years Tuesday, a $274 million gain that reflected fuller planes during a busy summer travel season, cost reductions and especially strong results from its international flights.
The second-quarter results easily topped Wall Street estimates and more than doubled the company's earnings from a year ago, when it finished in the black for the first time since 2000. Its shares rose 4 percent in morning trading. More... (http://biz.yahoo.com/ap/070724/earns_ual.html?.v=6)
By Dave Carpenter, AP Business Writer
Tuesday July 24, 10:27 am ET
CHICAGO (AP) -- United Airlines parent company UAL Corp. reported its biggest quarterly profit in seven years Tuesday, a $274 million gain that reflected fuller planes during a busy summer travel season, cost reductions and especially strong results from its international flights.
The second-quarter results easily topped Wall Street estimates and more than doubled the company's earnings from a year ago, when it finished in the black for the first time since 2000. Its shares rose 4 percent in morning trading. More... (http://biz.yahoo.com/ap/070724/earns_ual.html?.v=6)