CHICAGO, Oct. 25, 2012 /PRNewswire/ -- United Continental Holdings, Inc. (NYSE: UAL) today reported third-quarter 2012 net income of $520 million, or $1.35 per diluted share, excluding $514 million of net special charges. Including special charges, UAL reported third-quarter 2012 net income of $6 million, or $0.02 per diluted share.

UAL ended the third quarter with $7.2 billion in unrestricted liquidity.
"I want to thank my co-workers for working together to help us earn more than half a billion dollars of profit this quarter," said Jeff Smisek, UAL's president and chief executive officer. "We overcame tough operational challenges and remain focused on running a reliable airline, delivering to our customers the benefits of our product investments and delivering to our co-workers tools and training to provide good customer service."

For the third quarter of 2012, total revenue was $9.9 billion, a decrease of 2.6 percent year-over-year. Third-quarter consolidated passenger revenue decreased 2.6 percent to $8.8 billion, compared to the same period in 2011.