26-Apr-2011 2:00 PM
United Continental joins American in posting net loss
Analysis
As expected, with the harsh weather and multiple disasters during the first quarter, United Continental Holdings posted a net loss of USD213 million on a GAAP basis, the company reported Thursday. It noted the loss narrowed by USD45 million from 1Q2010. Ex USD77 million in special items, largely integration costs, its net loss was USD136 million.
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