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UAL's Record High Net Profit. When And How Much?  
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 8803 posts, RR: 17
Posted (8 years 7 months 3 weeks 3 days 19 hours ago) and read 1962 times:

Before 2001, UAL was profitable. How much did they make in their record high profit?

Also when? 1997 I suppose?

I remember they used to make A LOT!

13 replies: All unread, jump to last
 
User currently offlineFriendlySkies From United States of America, joined Aug 2004, 4015 posts, RR: 5
Reply 1, posted (8 years 7 months 3 weeks 3 days 14 hours ago) and read 1912 times:

Everyone was making money in the 90's.....

User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 8803 posts, RR: 17
Reply 2, posted (8 years 7 months 3 weeks 3 days 11 hours ago) and read 1848 times:

How much was UAL's record high profit?

User currently offlineJakob77 From United Kingdom, joined Sep 2004, 210 posts, RR: 0
Reply 3, posted (8 years 7 months 3 weeks 3 days 10 hours ago) and read 1820 times:

If you do a bit of research (which I just did) on United.com, you'll find some figures in the History section under About United.
2001 was the start of losses.

User currently offlineAirgeek12 From , joined Dec 1969, posts, RR:
Reply 4, posted (8 years 7 months 3 weeks 3 days 10 hours ago) and read 1803 times:

Well that sucks!

But still- how much was their high profit???

User currently offlineANstar From Netherlands, joined Nov 2003, 4872 posts, RR: 6
Reply 5, posted (8 years 7 months 3 weeks 3 days 9 hours ago) and read 1742 times:

$854M for 1998

http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=UAL&script=410&layout=-6&item_id=17926

$1.24 billion for 1999

http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=UAL&script=410&layout=-6&item_id=69558

$332M for 2000

£2.1 Billion loss for 2001
£3.2 Billion for 2002
£2.8 billion for 2003 (2.4B in cash, 640 restricted)
$980 M So far (9 months) 2004 (2.4billion, 857M restircted)



User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 8803 posts, RR: 17
Reply 6, posted (8 years 7 months 3 weeks 3 days 7 hours ago) and read 1685 times:

Is that NET PROFIT or GROSS PROFIT? Does anyone have the figures for net profit???

User currently offlineANstar From Netherlands, joined Nov 2003, 4872 posts, RR: 6
Reply 7, posted (8 years 7 months 3 weeks 3 days 7 hours ago) and read 1672 times:

Net earnings I belive follow the link for the exact details.

Not that great when you look at it like this.

User currently offline5NEOO From Nigeria, joined Nov 2003, 210 posts, RR: 0
Reply 8, posted (8 years 7 months 3 weeks 3 days 7 hours ago) and read 1665 times:

Is that NET PROFIT or GROSS PROFIT? Does anyone have the figures for net profit???

Quite the lazy one, ain't you?


Admit it, you could care less about the continent Africa!
User currently offlineNYCAAer From United States of America, joined Jul 2004, 660 posts, RR: 4
Reply 9, posted (8 years 7 months 3 weeks 3 days 6 hours ago) and read 1615 times:

I was confused when I read the title of this thread. It seems strange to see UAL and the word "profit" in the same sentence after 17 consecutive money-losing quarters.

User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 8803 posts, RR: 17
Reply 10, posted (8 years 7 months 3 weeks 2 days 21 hours ago) and read 1530 times:

UAL did make a lot in the past.

Were they once the world's most profitable airline?????

User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 8803 posts, RR: 17
Reply 11, posted (8 years 7 months 3 weeks 2 days 17 hours ago) and read 1474 times:

How much did SQ and CX make in 1999?????? Seems that UA made more money than SQ in 1999. Correct me if I am wrong.

User currently offlineANstar From Netherlands, joined Nov 2003, 4872 posts, RR: 6
Reply 12, posted (8 years 7 months 3 weeks 2 days 17 hours ago) and read 1455 times:

Do a google search. Im over it

User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 8803 posts, RR: 17
Reply 13, posted (8 years 7 months 3 weeks 1 day 16 hours ago) and read 1364 times:

Alright. Seems that UAL was more profitable at that time.

Definitely in terms of gross profit. Not sure about net though.

Correct me if I am wrong.
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