UAL Corp., parent of United Airlines, reported a $187 million net loss for November in a filing with the US Bankruptcy Court, including $159 million in largely noncash reorganization expenses involving aircraft-related transactions. The company posted a net loss of $698 million in October, 84% of which was tied to charges related to the termination of its pilots' defined benefit pension plan (ATWOnline, Nov. 24). Improvement was noticeable, however, as UAL approaches its emergence from ...

Subscribe to Access this Entire Article

"United reports $187 million November loss, improved operating performance" 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.