United posts second-quarter net income of $919m

United Airlines reported second-quarter 2014 net income of $919m, an increase of 51% year-over-year, excluding $130m of special items. Including special items, UAL reported second-quarter 2014 net income of $789m. Second quarter of 2014, total revenue was $10.3bn, an increase of 3.3% year-over-year. Second-quarter consolidated passenger revenue increased 3.6% to $9.0bn, compared to the same period in 2013. Ancillary revenue per passenger in the second quarter increased 7.9% year-over-year to more than $21 per passenger. Second-quarter cargo revenue decreased 1.7% versus the second quarter of 2013 to $232m. Other revenue in the second quarter increased 1.7% year-over-year to $1.1bn.