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UAL loss tops $90 million in May
United Airlines parent UAL Corp. reported a net loss of $93 million for May, which included $36 million in reorganization items.
This is on par with the $93 million net loss the company reported for May 2004, of which $58 million represented reorganization expenses. UAL posted an operating loss of $21 million for the month compared to an operating profit of $9 million in the year-ago period.