United Airline
Topic Author
Posts: 8808
Joined: Wed Jan 10, 2001 5:24 pm

UAL's Record High Net Profit. When And How Much?

Fri Oct 29, 2004 4:41 pm

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!
 
FriendlySkies
Posts: 3540
Joined: Fri Aug 13, 2004 3:57 pm

RE: UAL's Record High Net Profit. When And How Much?

Fri Oct 29, 2004 10:04 pm

Everyone was making money in the 90's.....
 
United Airline
Topic Author
Posts: 8808
Joined: Wed Jan 10, 2001 5:24 pm

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 1:19 am

How much was UAL's record high profit?
 
jakob77
Posts: 202
Joined: Thu Sep 02, 2004 1:09 am

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 1:53 am

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.
 
airgeek12
Posts: 725
Joined: Tue Oct 26, 2004 8:02 am

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 2:03 am

Well that sucks!

But still- how much was their high profit???
 
anstar
Posts: 2923
Joined: Sun Nov 23, 2003 3:49 am

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 3:01 am

$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)

 
United Airline
Topic Author
Posts: 8808
Joined: Wed Jan 10, 2001 5:24 pm

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 4:43 am

Is that NET PROFIT or GROSS PROFIT? Does anyone have the figures for net profit???
 
anstar
Posts: 2923
Joined: Sun Nov 23, 2003 3:49 am

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 4:54 am

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

Not that great when you look at it like this.
 
5NEOO
Posts: 205
Joined: Mon Nov 24, 2003 4:16 am

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 5:00 am

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!
 
NYCAAer
Posts: 601
Joined: Thu Jul 29, 2004 10:22 pm

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 6:10 am

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.
 
United Airline
Topic Author
Posts: 8808
Joined: Wed Jan 10, 2001 5:24 pm

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 2:38 pm

UAL did make a lot in the past.

Were they once the world's most profitable airline?????
 
United Airline
Topic Author
Posts: 8808
Joined: Wed Jan 10, 2001 5:24 pm

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 6:32 pm

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.
 
anstar
Posts: 2923
Joined: Sun Nov 23, 2003 3:49 am

RE: UAL's Record High Net Profit. When And How Much?

Sat Oct 30, 2004 7:13 pm

Do a google search. Im over it
 
United Airline
Topic Author
Posts: 8808
Joined: Wed Jan 10, 2001 5:24 pm

RE: UAL's Record High Net Profit. When And How Much?

Sun Oct 31, 2004 8:10 pm

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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