Wednesday, April 25, 2007

United Air parent posts quarterly loss

(Reuters) - CHICAGO, April 25 - UAL Corp. , parent of No. 2 U.S. carrier United Airlines, reported a quarterly loss on Wednesday due in part to weather-related flight cancellations.

UAL said its loss amounted to $152 million, or $1.32 per share, compared with a year-ago profit that was exaggerated by bankruptcy reorganization items.


Read more at Reuters.com Market News

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