United Airlines executives said a strong revenue environment and cost discipline are enabling the Chicago-based airline to recover 75% of rising fuel prices and maintain solid profitability, reporting a second-quarter net profit of $684 million, down 16.7% from net income of $821 million in the 2017 June quarter. The relatively small drop in net income year-over-year (YOY) came despite a 43.2%, or $721 million, YOY increase in spending on aircraft fuel. “Fuel is a little more volatile ...

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