Bankrupt UAL Posts $114 Mln Net Loss
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Bankrupt UAL Corp. UALAQ.OB, parent  of United Airlines, on Tuesday reported a net loss of $114  million, including $14 million in reorganization expenses.
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UAL Corp. posted a third-quarter net loss of $274 million, joining the long list of air carriers felled by high fuel prices and depressed fares in what is usually the sector&#39;s strongest period.
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SAN FRANCISCO (CBS.MW) - UAL Corp., the bankrupt parent of United Airlines, is seeking to slash another $2 billion in operating costs as it struggles to overcome record-high fuel costs and the lowest airfares in over a decade.
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US Airways Group Inc. and UAL Corp.&#39;s United Airlines, both operating under bankruptcy court protection, reported losses in the third quarter yesterday, blaming record high fuel prices
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Pilots at UAL Corp. UALAQ.OB,  parent  of bankrupt United Airlines, on Thursday overwhelmingly  ratified a new five-year contract which will allow the airline  to cut wages and get rid of traditional pensions but will give  the pilots future financial incentives.
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Cash-strapped UAL Corp., parent of United Airlines, continues efforts to further cut costs and emerge from bankruptcy.
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A two-hour computer outage affecting dispatch operations at United Airlines, a unit of UAL Corp., delayed nearly 270 domestic and international flights by the No. 2 U.S. carrier on Wednesday.
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United Airlines, a unit of UAL Corp., on Wednesday said a systemwide computer failure prevented flights from being dispatched between 8 a.m. and 10 a.m. Central time (9 a.m. to 11 a.m. EDT).
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The Kerry Packer-backed Challenger Financial Services Group has reported its first net loss since incorporating, impacted by a massive writedown of goodwill.
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UAL Corp., parent of United Airlines, said Thursday that it posted earnings of $6 million in July, with passenger unit revenue rising 1 percent while unit costs were flat during the period.
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A federal bankruptcy judge on Friday  rejected an agreement between UAL Corp. UALAQ.OB and its  pilots union that would have let bankrupt United Airlines cut  pilots' pay by 14 percent and terminate their pension plans.
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Missteps and cutbacks at bankrupt  United Airlines UALAQ.OB have destroyed good will with labor,  the union representing flight attendants charged on Tuesday,  adding that management appears determined to run the carrier  "into the ground."
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ARLINGTON, Va. -- Bankrupt US Airways says it lost $232 million dollars July through September, more than twice as much as a year ago.
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The pilots and flight attendants at  bankrupt UAL Corp. on Monday ratified wage-cut deals worth $311  million annually to United Airlines, possibly moving the  carrier closer to a Chapter 11 exit.
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UAL Corp. posted a third-quarter net loss of $274 million, becoming the latest carrier to fall victim to high fuel prices and depressed airfares in what is usually a strong period for the industry.
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NEW YORK - Bankrupt UAL parent of United Airlines, on Thursday reported a narrower third-quarter net loss even though fuel costs rose more than 56 per cent for the world&#39;s second largest airline.
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Bankrupt US Airways Group Inc.  UAIRQ.OB on Thursday reported a wider third-quarter net loss  as storms and high fuel prices hurt results.