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UAL reports $274 million loss for July

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UAL reports $274 million loss for July

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Old 08-25-2005, 11:13 AM
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Default UAL reports $274 million loss for July

Those bankruptcy expenses are astronomical!


UAL reports net loss of $274 million in July
Thu Aug 25, 2005 1:40 PM ET

CHICAGO, Aug 25 (Reuters) - UAL Corp. <UALAQ.OB>, parent of bankrupt United Airlines, said on Thursday its net loss was $274 million in July, including $350 million of expenses related to its reorganization.

The No. 2 U.S. airline said its July operating profit rose $62 million from a year earlier, to $113 million, despite a 46 percent increase in fuel prices.
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Old 08-26-2005, 08:59 AM
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So if they are able to have an operating profit, why don't they exit so they can stop paying all of those thieving lawyers?
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