United, Continental Report Financial Gain in 3rd Quarter 2010

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Guam – United Continental Holding, Inc today announced the third quarter 2010 financial results for United Airlines and Continental Airlines.

The report shows a 3rd quarter 2010 net income of $473 Million or 2.12 diluted earnings per share at United and a $367 Million net income or $2.24 diluted earnings per share for Continental.  That is an improvement of $533 Million year-over year for United and a $367 Million improvement for Continental.

Read the Press Release

United President and Chief Executive Officer Jeff Smisek credits the strong financial and operational results at both United and Continental to the more than 80,000 employees at both airlines.

“We have begun our merger integration, and we have a lot of work ahead of us” Smisek is quoted saying in the report.  “By working together we will create the airline that customers want to fly, employees want to work for, and shareholders want to own.”

Financial results for the two airlines will be combined when the company reports the fourth quarter 2010 results.