UNITED full year 2015 profit

[East End Ave]

CHICAGO, Jan. 21, 2016 /PRNewswire/ -- United Airlines (UAL) today reported its fourth-quarter and full-year 2015 financial results.

UAL reported full-year net income of $4.5 billion, or $11.88 per diluted share, excluding special items. Including special items, UAL reported full-year net income of $7.3 billion. These results include a nonrecurring $3.1 billion non-cash benefit associated with the reversal of the company's income tax valuation allowance.
UAL reported fourth-quarter net income of $934 million, or $2.54 per diluted share, excluding special items. Including special items, UAL reported fourth-quarter net income of $823 million.
Today, UAL announced it reached an agreement to acquire 40 new Boeing 737-700 aircraft which will enter the fleet beginning in mid-2017, replacing a portion of the capacity currently operated by regional partners.
Employees earned a record $698 million in profit sharing for full-year 2015.


"We improved our operational performance, continued to invest in our products and services and achieved record financial performance," said Brett J. Hart, UAL's acting chief executive officer. "We have great momentum as we head into 2016 and are committed to continuously earning the trust of our customers and employees. I'm proud of what we accomplished together, running a reliable airline and making the right investments to deliver shareholder value. We expect first-quarter pre-tax margin to be between 8 and 10 percent, excluding special items."

 

[aless]

Quindi 1,4 miliardi, al netto dei 3,1 di rimborso fiscale?

 

[Dr Gio]

Impressionanti i dati delle americane. Dopo Delta, anche United. E molto bella la notizia del record profit sharing per chi lavora nella compagnia. Una bella maniera per premiare gli sforzi e sacrifici fatti da tanti lavoratori in questi anni, e condividere i successi allineando gli interessi.

Sotto un altro punto di vista, dando una occhiata alle tariffe domestiche americane per i prossimi mesi, vedo comunque prezzi abbastanza folli su molte rotte, nonostante il petrolio ai minimi. Credo che gli effetti dei vari mergers sull'offerta (checche' ne dica l'Antitrust) si stiano vedendo. Ovviamente, le compagnie ne beneficiano, dopo anni di razionalizzazione dei networks e delle rotte, e riduzione delle sovrapposizioni, riescono a capitalizzare. Ma non sempre cio' significa piu' vantaggi per i passeggeri...

 

[AZ209]

http://www.reuters.com/article/us-ual-shareholders-idUSKCN0V5005

Two United Airlines investors raise stakes to influence company

United Continental Holdings Inc (UAL.N) said on Tuesday two investment firms raised their stakes in the airline to engage it on issues ranging from board composition to capital structure and enhancing shareholder value.
United, the second largest U.S. airline by capacity, said Altimeter Capital Management LP increased its ownership to 3.1 percent, while PAR Investment Partners LP had taken a 2.4 percent stake. The companies have had smaller stakes in United for months and have already engaged the airline on such issues, the filings said.
Shares of the airline rose less than 1 percent in extended trading.
"Both Altimeter and PAR (have tended) to invest more in travel technology companies," said travel industry analyst Henry Harteveldt.
Altimeter Chief Executive Brad Gerstner likely wants "to see United move faster in terms of generating more revenue. I don't think he's going to push for a breakup of the company or a sale of assets," Harteveldt added.
United's stock has fallen almost 36 percent in the past year amid sinking sales abroad and from its Houston hub, and its new chief executive, Oscar Munoz, is on medical leave after an October heart attack. Munoz plans to return to the job by the end of March or sooner.
"We actively engage in dialogue with our shareholders and welcome their constructive suggestions and feedback," a spokeswoman for the airline said.
Representatives of the investment firms did not immediately return requests for comment.
As of Sept. 30, United's largest shareholder was the Vanguard Group Inc with a nearly 7 percent stake, according to Thomson Reuters data.