UAL Corp., parent of United Airlines, reported a $124 million net loss for April, which included $28 million in reorganization expenses. The company previously reported it lost $127 million in April 2004, including $28 million in reorganization expenses (ATWOnline, May 28, 2004). Operating loss for the month totaled $47 million, a $28 million improvement over the year-ago period despite $91 million in additional fuel expense. Mainline unit costs for the month rose 7% year-over-year on 4% ...
Subscribe to Access this Entire Article
"UAL net loss in April tops $120 million" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
