United Airlines parent UAL Corp. posted a first-quarter net loss of $82 million, significantly narrowed from a $382 million deficit in the year-ago period, and noted that it was profitable on an operating basis for the first time in a year's initial reporting period since 2000. Chairman, President and CEO Glenn Tilton reiterated the company's long-held position that industry consolidation is necessary but declined to comment extensively on speculation that UA and Continental ...

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