United Airlines 2009 Annual Report Download - page 83

Download and view the complete annual report

Please find page 83 of the 2009 United Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 176

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176

Table of Contents
United Air Lines, Inc. and Subsidiary Companies
Statements of Consolidated Operations
(In millions)
Year Ended December 31,
2009 2008 2007
Operating revenues:
Passenger—United Airlines $ 11,910 $ 15,337 $ 15,254
Passenger—Regional Affiliates 3,064 3,098 3,063
Cargo 536 854 770
Special operating items (Note 18) 45
Other operating revenues 849 948 999
16,359 20,237 20,131
Operating expenses:
Salaries and related costs 3,773 4,312 4,257
Aircraft fuel 3,405 7,722 5,003
Regional Affiliates 2,939 3,248 2,941
Purchased services 1,167 1,375 1,346
Aircraft maintenance materials and outside repairs 965 1,096 1,166
Landing fees and other rent 905 862 876
Depreciation and amortization 902 932 925
Distribution expenses 534 710 779
Aircraft rent 349 411 409
Cost of third party sales 228 269 312
Goodwill impairment (Note 3) 2,277
Other impairments and special items (Notes 3 and 18) 374 339 (44)
Other operating expenses 955 1,077 1,129
16,496 24,630 19,099
Earnings (loss) from operations (137) (4,393) 1,032
Other income (expense):
Interest expense (577) (571) (703)
Interest income 19 112 260
Interest capitalized 10 20 19
Gain on sale of investment (Note 19) 41
Miscellaneous, net (Note 12) 37 (550) 1
(511) (989) (382)
Earnings (loss) before income taxes and equity in earnings of affiliates (648) (5,382) 650
Income tax expense (benefit) (16) (22) 296
Earnings (loss) before equity in earnings of affiliates (632) (5,360) 354
Equity in earnings of affiliates, net of tax 4 6 5
Net income (loss) $ (628) $ (5,354) $ 359
See accompanying Combined Notes to Consolidated Financial Statements.
79