Originally Posted by
APC225
CHICAGO, Jan. 26, 2012 -- United Continental Holdings, Inc. today reported full-year 2011 net income of $1.3 billion or $3.49 per diluted share, excluding $483 million of special items consisting primarily of integration-related costs. Including special items, UAL reported full-year 2011 net income of $840 million or $2.26 per diluted share. UAL reported fourth-quarter net income of $109 million or $0.30 per diluted share, excluding $247 million of special items. Including special items, UAL reported a fourth-quarter 2011 net loss of $138 million or $0.42 loss per share.
UAL ended 2011 with $8.3 billion in unrestricted cash, cash equivalents and short term investments and undrawn lines of credit.
2010 total PS amount was $224M. In 2011 total PS is $265M. A $41M increase. Our 2010 payout was 5.9% of earnings vs 5% for 2011 a decrease of .9% on a higher pool...All going into my strike fund anyways, hopefully others will do the same....I know that on Valentines day, , Jeff, Jay, Fred and his friends will be in a celebratory mood and we will all have an opportunity to view pictures of the uniforms holding the bags of cash. Hoping that we ignore the pictures and stay focused on the the bigger pot, an industry leading JCBA.