United’s Q4 loss deepens

Friday, 21 Mar, 2005 0

United Airlines fourth quarter losses hit $819 million against $630 million the previous year.

The fourth quarter results show the airline, which has been operating under Chapter 11 bankruptcy protection since December 2002, made a loss from operations of $655 million in the three months compared with $231 million a year earlier.

According to Forbes.com, United Airlines posted a narrower loss of $2 billion for the whole of 2004 compared with a loss of $3 billion in 2003.

Total operating revenue rose to $16.03 billion from $14.6 billion, with passenger revenue for the airline up to $12.28 billion from $11.3 billion.

Report by Phil Davies



 

profileimage

Phil Davies



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...