Procurement
United Continental Holdings reported a $448 million net loss for the first quarter,
compared with a $213
million net loss for the same period last year. The loss includes $162 million in special costs
"primarily" related to United's integration of Continental Airlines,
according to the carrier. United's average first-quarter one-way fare increased
nearly 7 percent to $271.76. Chief revenue officer Jim Compton during the
carrier's earnings call said corporate revenues increased 10 percent year over
year, with average corporate yield, a representation of average fare per mile,
up 4 percent.