United reports full-year 2014 profit of US$1.97bn

United Airlines (UAL) reported full-year 2014 net income of US$1.97bn, an increase of 89%  year-over-year, or $5.06 per diluted share, excluding US$834 million of special items. Including special items, UAL reported full-year net income of US$1.13bn, or $2.93 per diluted share. UAL reported fourth-quarter 2014 net income of US$461m, an increase of 86% year-over-year, or $1.20 per diluted share, excluding US$433m of special items. Including special items, UAL reported fourth-quarter 2014 net income of US$28m, or $0.07 per diluted share.