United Posts $1.6 Billion Loss

Summary


CHICAGO (AP) - United Airlines' parent company reported a $664 million loss for the fourth quarter Thursday and a $1.6 billion deficit for the year, blaming high fuel costs and continued pressure on fares.

It is the 18th straight quarterly loss for UAL Corp., which is trying to emerge from 26 months in Chapter 11 bankruptcy.

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Extract


United Posts $1.6 Billion Loss

The net loss for the final three months of 2004 was $5.73 per share, la...

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