United Airlines reported second-quarter net income of $274 million, more than double the $119 million earned in the year-ago period, on a 2% rise in revenue to $5.21 billion. "Our fundamental performance this quarter was quite strong," Executive VP and CFO Jake Brace said. He cited "good cost control" and "excellent" capacity management as keys to the positive result. Operating expenses lowered 3.6% to $4.68 billion as operating income more than doubled to $537 million. Mainline traffic ...

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