(AFX UK Focus) 2010-01-27 14:30 UPDATE 2-United Airlines parent posts smaller loss, shrs up

(AFX UK Focus) 2010-01-27 14:30 UPDATE 2-United Airlines parent posts smaller loss, shrs up
ATLANTA, Jan 27 (Reuters) – United Airlines parent UAL Corp posted a smaller-than-expected quarterly loss as it cut costs to cope with declining travel demand and said revenue trends continued to improve, sending its shares up more than 3 percent. The carrier said on Wednesday its fourth-quarter net loss narrowed to $240 million, or $1.44 per share, from $1.32 billion, or $10 per share, a year …

Read more on Interactive Investor