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UAL Corp. (UAUA)

United Airlines parent UAL Corp. reported a third quarter loss of $57 million, or 39 cents a share, compared to a loss of $792 million, or $6.62 a share, in the same period a year ago. Revenue fell 20% to $4.4 billion from $5.6 billion.
"Against a challenging environment, our people are delivering improvements across the business," said Glenn Tilton, chairman and chief executive. "With the work we have done and the strength of our network, we are poised to see better year-over-year unit revenue performance as economies begin to recover and business travel returns."

Oct 20 · 9:36:00 AM · Source: Market Watch
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by Rich Pike

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