United reports first quarter net income of US$292 million

United Airlines has posted first quarter net income of US$292 million, pre-tax earnings of US$367 million and pre-tax margin of 3.8%, expanding pre-tax margin 1.8 points versus the first quarter of 2018.

United reported first-quarter adjusted net income of US$309 million and adjusted pre-tax earnings of US$389 million. Adjusted pre-tax margin of 4.1% expanding adjusted pre-tax margin 2.1 points versus the first quarter of 2018.

Total passenger revenue increased 7.1% versus the first quarter of 2018. First-quarter passenger revenue per available seat mile (PRASM) increased 1.1% year-over-year.

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