But In The Wacky World Of Business, That's Not ALL Bad...
UAL Corp., parent company for United Airlines, reported a record
$1.77 billion loss Monday for the third quarter of FY2005. Most of
those losses stem from the heavy toll reworking its airplane
contracts and leases has taken on the beleaguered carrier,
including creditor's claims on its aircraft following the company's
rejection of leases and contracts in an attempt to secure lower
prices.
Read More
