United Airlines Boeing 787. Courtesy, United United Airlines parent United Continental Holdings (UCH) incurred a 2012 net loss of $763 million on heavy interest expenses and merger-related costs. The net deficit was improved over a $977 net loss in 2011. The company was profitable on an operating basis, posting $39 million in operating income, but that was down 97.9% year-over-year. “2012 was the toughest year of our merger integration” with the former Continental ...

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