NEW YORK, June 29 (Reuters) - UAL Corp., parent of bankrupt United Airlines, on Wednesday said monthly operating revenue in May rose from a month earlier.

The No. 2 U.S. carrier said in a Securities and Exchange Commission filing that total operating revenue in May was $1.61 billion, up from $1.57 billion in April.

On Tuesday, UAL reported a net loss of $93 million in May, including $36 million for reorganization expenses.

From SkyNet (UAL Intranet):

UAL Corp. Reports May Results

UAL Corporation, the holding company whose primary subsidiary is United Airlines, today filed its May Monthly Operating Report with the United States Bankruptcy Court. The company reported an operating loss of 21 million dollars for May 2005, despite a 93-million-dollar year-over-year higher fuel expense. In May 2004, the company reported an operating profit of 9 million dollars. The company reported a net loss of 93 million dollars, including 36 million dollars of reorganization expenses. Mainline unit costs (CASM) in May increased 6 percent over the same month last year on 1 percent lower capacity. Excluding fuel, mainline unit costs in May decreased 3 percent year-over-year. Mainline passenger unit revenue (PRASM) in May increased 1 percent over the same period a year ago.

UAL ended May with a cash balance of 2.6 billion dollars, which included 957 million dollars in restricted cash (filing entities only). The cash balance increased 143 million dollars during the month of May, driven by strong receipts and effective cost controls. UAL met the requirements of its debtor-in-possession (DIP) financing.

"Fuel is a brutal challenge for our industry. In the face of this challenge, we continue to improve operations across the company, targeting every area of non-labor cost reduction and revenue generation opportunity," said Jake Brace, executive vice president and chief financial officer. "We are encouraged by the fact that we also continue to make significant progress toward completing our restructuring, achieving consensual revised labor agreements with all of our labor groups, and agreements on replacement pension plans with all except the AFA. This has been a difficult, but important step in restructuring United and exiting from bankruptcy."

"We continue to make good progress improving United's revenue performance. We expect our full second quarter results to be competitive as we realize the benefits of the capacity shift from domestic to international markets," said John Tague, executive vice president-Marketing, Sales and Revenue.