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United Airlines fourth quarter profit falls short of expectations


    (Reuters) - United Continental Holdings Inc said on Thursday that its profit was $28 million last quarter, falling short of analysts' estimates.

    The Chicago-based airline earned $461 million, or $1.20 per diluted share, excluding $433 million in special costs largely from settling losing fuel hedges and from a voluntary buyout for flight attendants. Analysts estimated, on average, the airline would earn $1.22 per diluted share, excluding certain special items, according to Thomson Reuters I/B/E/S.

    (Reporting by Jeffrey Dastin in New York; Editing by Jeffrey Benkoe)