UAL reports $274 million loss for July
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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.
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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