United Airlines is straining under the weight of losses on contracts it struck earlier this year in an effort to control its fuel costs. One analyst figures United's current expenses at almost $1 billion, after it tried to lock in what it thought would be lower fuel costs, only to see oil prices plunge to just over a third of what they were in July. Add to that lower demand because of the recession, and the airline is facing tough financial times once again. Read more in a Washington Post story.
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