United Airlines Posts Record Profit of $508 Million for 1Q

April 23, 2015 12:17 PM

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Lower fuel prices are helping United Airlines earn record profits despite a dip in revenue.

But the airline is predicting a key revenue figure will fall in the second quarter. And it's speeding up changes to its fleet, including retiring more small planes.

Also read: Saudi's Kingdom Holding Q3 net profit slumps 38.3 pct

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