US carriers reveal higher earnings
United Airlines saw a $533m rise in income during the third quarter of this year compared with the same period of 2009, while Continental Airlines saw a $365m improvement. The two airlines, which merged on October 1, will announce join results in the fourth quarter.
United president Jeff Smisek said: "“Thanks to the efforts of my more than 80,000 co-workers across both airlines, we achieved strong third quarter financial and operational results at both United and Continental."
United’s net income for the period was $473m while Continental made $367m.
Smisek added: “We have begun our merger integration, and we have a lot of work ahead of us. By working together, we will create the airline that customers want to fly, employees want to work for, and shareholders want to own.”
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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