UAL Corp. net loss widens in third quarter
UAL Corp. net loss widens in third quarter
Mon Oct 31, 2005 10:34 AM ET
CHICAGO, Oct 31 (Reuters) - Bankrupt UAL Corp. (UALAQ.OB: Quote, Profile, Research) , parent of United Airlines, on Monday reported a wider quarterly loss as reorganization expenses drove the company deep into the red.
The No. 2 U.S. airline said its net loss amounted to $1.8 billion, or $15.26 per share, compared with $274 million, or $2.38 per share, a year earlier. The company said its operating revenue was $4.66 billion, up from $4.31 billion a year earlier.
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