UAL Corp., parent of United Airlines, reported in a filing with the US Bankruptcy Court an October net loss of $698 million, or $114 million excluding reorganization expenses driven by charges related to the termination of its pilots defined benefit pension plan. The monthly operating loss of $71 million was about level with the $65 million loss reported in October 2004. "The company will continue to record large noncash reorganization items as it moves towards exit," UAL said in a ...

Subscribe to Access this Entire Article

"UAL Corp. reports $698 million net loss in October" 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?

Already registered? here.