United loses $542 million, plans to cut 1,100 jobs
United loses $542 million, plans to cut 1,100 jobs
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United Airlines parent company says it lost $542 million in the first quarter as soaring fuel expenses wiped out any chance for a profit. It was UAL Corp.'s largest loss since before its three-year bankruptcy restructuring that ended in 2006. |
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News entry number 4291 added on Apr 23, 2008 in the Business News category.
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