21-Jul-2010 4:04 PM
UAL earns largest net profit in 11 years – USD430 million ex items
Analysis
After Delta announced what is possibly its largest net profit in decades, United Airlines followed that by reporting a USD430 million second quarter net profit, ex charges, the largest since 1999 and the first profit since 3Q2007. Wall Street liked what it heard, causing its stock price to rise over 5%.
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