28-Apr-2010 6:00 PM
United Airlines seeing signs of recovery, considering options for consolidation
Analysis
UAL Corporation posted a first quarter GAAP net loss of USD82 million, representing a USD300 million positive swing from the 1Q-2009 net loss of USD382 million, leading analysts generally to praise the Chicago-based carrier. It also reported a USD58 million operating profit compared to a USD282 million operating loss.
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