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Sun, Feb 03, 2002 - Page 11 News List

UAL loss expands to US$308 million in Q4

AIRLINES Following the Sept. 11 attacks, United Airlines saw its sales nosedive. Adding to its problems were threats of a strike by unions in the face of cost-cutting measures

BLOOMBERG , CHICAGO

For the full year, UAL had a loss of US$2.1 billion, or US$40.04 a share, compared to net income of US$50 million, or US$0.04 a share in 2000. Sales fell 17 percent to US$16.14 billion from US$19.35 billion.

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