From: Reuters
Published January 22, 2008 08:17 AM

UAL net loss shrinks in fourth quarter

CHICAGO (Reuters) - UAL Corp <UAUA.O>, parent of No. 2 U.S. carrier United Airlines, on Tuesday posted a quarterly loss on soaring fuel prices as winter weather forced the cancellation of more than 1,100 flights.

The company said its fourth-quarter loss amounted to $53 million, or 47 cents per share, compared with $61 million, or 55 cents per share, a year earlier.

(Reporting by Kyle Peterson, editing by Maureen Bavdek)

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