United Airways unveils plan to guard tax property


© Reuters. United Airways passenger jets taxi with New York Metropolis as a backdrop

(Reuters) – United Airways Holdings (NASDAQ:) Inc mentioned on Friday it had adopted a tax advantages preservation plan to guard the corporate’s potential to make use of its giant web working loss carryforwards to cut back future federal revenue tax expense.

The corporate mentioned it had web federal working loss carryforwards of about $8.2 billion as of the Sept. 30.

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