United Airlines parent UAL reports 1Q loss
United Airlines parent UAL reports 1Q loss
The parent of United Airlines posted a smaller-than-expected first-quarter loss on Tuesday as passenger revenue jumped. Its planes were fuller and it collected more money from passengers, suggesting United is making a strong exit from last year’s sharp travel… United Airlines – Airline – Continental Airlines – Travel – PAID
Read more on San Francisco Chronicle
Commercial airlines face $2.8bn loss in 2010
Commercial airlines face $2.8bn loss in 2010
Commercial airlines worldwide should lose about $2.8bn in 2010, but start enjoying a turnaround next year with the outlook rosier in Latin America and Asia.
Read more on Independent Online
(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
