United Sees $877 Million Operating Loss
Tuesday March 18, 11:11 am ET
By Kathy Fieweger
CHICAGO (Reuters) - Bankrupt United Airlines forecast a first-quarter operating loss of $877 million and said for the first time publicly that liquidation is a distinct possibility.
In the last week alone, UAL Corp's (NYSE:UAL - News) United's domestic bookings are down and international bookings have dropped 40 percent due to the impending Iraq conflict.
http://biz.yahoo.com/rb/030318/airlines_united_2.html
Tuesday March 18, 11:11 am ET
By Kathy Fieweger
CHICAGO (Reuters) - Bankrupt United Airlines forecast a first-quarter operating loss of $877 million and said for the first time publicly that liquidation is a distinct possibility.
In the last week alone, UAL Corp's (NYSE:UAL - News) United's domestic bookings are down and international bookings have dropped 40 percent due to the impending Iraq conflict.
http://biz.yahoo.com/rb/030318/airlines_united_2.html