United Airlines parent UAL Corp. reported a second-quarter net loss of $2.7 billion mostly attributable to $2.6 billion in previously announced accounting charges, reversed from a $274 million profit in the year-ago period, and said it will slash 5,500 frontline workers by the end of 2009 in addition to the 1,400-1,600 salaried and management employees and contractors it already planned to cut. The carrier yesterday also announced an increase in its planned fourth-quarter mainline capacity ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.

Already registered? here.