NEWS United records net income of $1.7 billion in third quarter

United Airlines has reported third-quarter net income of $1.7 billion, or $4.53 per diluted share, excluding special items. Including special items, UAL reported third-quarter net income of $4.8 billion. These results include a nonrecurring $3.2 billion non-cash gain associated with the reversal of the company’s income tax valuation allowance.

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