In addition, the airline generated $9.1 billion in total revenue during the December quarter — up 0.2% from the same period in 2015.
United Airlines beat fourth quarter earnings estimates, but a massive tax bill is killing profits (UAL)
On Tuesday, United Airlines reported fourth-quarter 2016 profits of $397 million at $1.78 per share. According to AP, this beat Wall Street estimates of $1.65 per share.
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For the year, United registered $2.3 billion in profit against $36.6 billion in total revenue. In addition, the airline returned $628 million to employees in the form of profit sharing.
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