United reports $620 million loss

Fourth-quarter net lower for Southwest, too, as costs rise

Posted: January 25, 2013 at 3:23 a.m.

A ground crew worker loads a Southwest Airlines Co. plane in San Diego last spring. The airline said Thursday that its average fare climbed almost $8 in the fourth-quarter compared with a year ago.

United Continental Holdings Inc. reported a $620 million quarterly loss on Thursday as travelers stayed away after its problems earlier in the year with absorbing Continental Airlines.

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Business, Pages 25 on 01/25/2013