United Airlines reports Q3 2017 performance

United Airlines (UAL) has announced its third-quarter 2017 financial results, the company said.

UAL reported third-quarter net income of USD 637 million, diluted earnings per share of USD 2.12, pre-tax earnings of approximately USD 1.0 billion and pre-tax margin of 9.9 percent.

Excluding special charges, UAL reported third-quarter net income of USD 669 million, diluted earnings per share of USD 2.22, pre-tax earnings of USD 1.0 billion and pre-tax margin of 10.4 percent.

UAL repurchased USD 556 million of its common shares in the third quarter, bringing the year-to-date share repurchases to USD 1.3 billion.

UAL delivered the best-ever third-quarter consolidated on-time departures in the history of the company, and employees earned USD 11 million in bonuses for operational performance.

United Airlines and United Express operate approximately 4,500 flights a day to 337 airports across five continents. In 2016, United and United Express operated more than 1.6 million flights carrying more than 143 million customers.