United Airlines reports USD 684m in Q2 2018 net income

United Airlines (UAL) has reported USD 684 million in second quarter 2018 net income, with pre-tax earnings of USD 857 million and pre-tax margin of 8.0 percent, the company said.

Excluding special charges and mark-to-market adjustments, UAL reported second-quarter net income of $889 million, diluted earnings per share of $3.23, pre-tax earnings of USD 1.1 billion and pre-tax margin of 10.4 percent.

UAL now expects full-year 2018 diluted earnings per share, excluding special charges and mark-to-market adjustments, to be USD 7.25 to USD 8.751.

United announced a total of USD 8 million in grants to benefit organizations in each of its domestic hub communities.

The company opened three new United Polaris lounges located in San Francisco International Airport, Newark Liberty International Airport and Houston´s George Bush Intercontinental Airport.

United Airlines and United Express operate approximately 4,600 flights a day to 357 airports across five continents.