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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| February 04, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TRANSPORTATION

UAL loss mushrooms, tops views

The No. 2 U.S. carrier lost $11.47 a share vs. a $2.41 loss a year ago. Analysts expected a loss of $14.96. Revenue slid 40% to $2.9 bil. It sees another "significant loss" in Q1. Feb.'s booked load factor is ahead of '01, but March is flat. United Airlines is working to cut labor costs, seen as crucial to stop massive losses. But analysts remain concerned.

The top eight U.S. airlines lost a combined Q4 loss of $3.2 bil. Only Southwest made money.

Goodyear replacing 200,000 tires

Goodyear Tire will voluntarily replace tires on 15-passenger vans and ambulances amid concerns of tread separation. Goodyear has been hit with 31 suits over such accidents. The move isn't due to defective tires, it added. Goodyear said tread separation was due to factors such as low tire pressure and improper repair. Firestone and Ford recalled millions of tires in '00 and '01 linked to hundreds of deaths.

Jury clears Ford in Explorer case

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