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United Continental Holdings posts $854 million pro forma 2010 profit

United Continental Holdings, parent of merger partners United Airlines and Continental Airlines, reported pro forma 2010 net income of $854 million, reversed from a combined UA/CO loss of $718 million in 2009.

United-Continental 777. Photo: Courtesy, United Continental Holdings. United Continental Holdings, parent of merger partners United Airlines and Continental Airlines, reported pro forma 2010 net income of $854 million, reversed from a combined UA/CO loss of $718 million in 2009. But despite a 15% rise in pro forma fourth quarter revenue to $8.43 billion, net loss for the period widened 22.2% to $326 million owing to $485 million in special charges mostly related to the merger which ...

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