United posts full-year and fourth-quarter 2013 profit

United Airlines (UAL) reported full-year 2013 net income of $1.084bn, an increase of 84% year-over-year, excluding $513m of special charges. Including special charges, UAL reported full-year 2013 net income of $571m. UAL generated $38.3bn of revenue in 2013, an increase of 3.0% year-over-year. The company reported fourth quarter 2013 net income of $298m excluding $158m of special charges. Including special charges, UAL reported fourth-quarter 2013 net income of $140m. For the fourth quarter of 2013, total revenue was $9.3bn, an increase of 7.2%, ear-over-year.