Losses as United Continental were reduced in the first quarter as the world’s largest airline gained from lower fuel prices and higher passenger revenue.
The carrier lost $417 million in the first three months against $448 million in the same period last year. Revenue rose to $8.7 billion from $8.6 billion.
Expenses from aircraft fuel fell 5.5% during the three months.
Chief executive Jeff Smisek said it had been a “difficult quarter financially”.
However, the carrier recorded its best first-quarter punctuality performance in more than a decade, with 81% of flights arriving within 14 minutes of the scheduled time.
“Our co-workers pulled together in the first quarter to significantly improve our operational performance and customer service despite challenging weather and high load factors,” Smisek said.
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