Inside these posts: John Smisek

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UAL, Continental post quarterly profits

Buoyed by a global rebound in travel, United and Continental airlines flew into the black during their last quarter as independent carriers.

United Continental Holdings Inc., the parent company created by the airlines’ Oct. 1 merger, reported that United’s net income soared to $473 million or $2.12 per share, excluding fuel and merger-related charges during the third quarter. That’s a $533 million improvement from 2009 results. Get the full story »