UAL Corporation, the holding company whose primary subsidiary is United Airlines, reported results for the fourth quarter ended Dec. 31, 2009. The company reported a fourth quarter net loss of $176 million, excluding non-cash, net mark-to-market hedge gains and certain accounting charges, narrowing its net loss by $391 million compared to the fourth quarter of 2008. The company reported a GAAP net loss of $240 million.
Biden FAA leader nominee withdraws after “an onslaught of unfounded Republican attacks”
American President Joe Biden’s nominee for the role of leader of the United States Federal Aviation Administration (FAA), Phillip Washington, has withdrawn his name owing to “an onslaught of unfounded Republican attacks which have focused on his service and experience, CNN reported. Though his announcement for the role was made last year, since then the