Reorganization costs drag UAL further into the red

Just a day after receiving approval to terminate its pension plans ( ATWOnline , May 11), UAL Corp., parent of United Airlines, reported a staggering $1.07 billion net loss for the first quarter ended March 31 including $768 million in one-time reorganization items primarily related to the...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.