Financial

UAL reports $1.8 billion loss in thrid quarter 2005

UAL reported third-quarter operating earnings of $165 million, $245 million better than the same quarter last year, despite higher fuel prices for the mainline and regional affiliates negatively impacting fuel xpense by $405 million year-over-year. UAL reported a net loss of $1.8 billion, or a loss per basic share of $15.26, which includes $1.8 billion […]

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Pinnacle Airlines posts loss due to Northwest bankcruptcy

Pinnacle Airlines Corp. reported for the third quarter 2005 an operating loss of $32.4 million and a net loss of $21.4 million. The third quarter loss is primarily due to an after tax charge of approximately $34.5 million for items related to the recent bankruptcy filings of Northwest Airlines (“Northwest”) and Mesaba Airlines (“Mesaba”). Following

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