United Airlines parent UAL Corp. said it achieved an operating profit of $113 million in July, more than double the $51 million earned in July 2004, in spite of a 46% rise in fuel price between the periods that added $127 million to operating expenses. Mainline unit cost rose 5% on a 5% decline in ASMs, but actually fell 5% if fuel expense is excluded. Passenger unit revenue jumped 9%. In its monthly operating report filed with the US Bankruptcy Court, UAL also disclosed a net loss of $274 ...

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