United Airlines parent UAL Corp. posted a 2009 net loss of $651 million, narrowed 87.9% from a $5.4 billion loss in 2008, and said it and the airline industry must continue to pare down costs. Net loss was $1.1 billion excluding noncash, mark-to-market fuel hedge gains. Chairman and CEO Glenn Tilton said there are "early signs of a recovery" evident, but warned that "structural issues exist that extend beyond the control of any airline." He cited "excessive taxation, inadequate [ATC] ...

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