PPRuNe Forums - View Single Post - UAL to file Chapter 11 this week.....
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Old 6th Feb 2002, 12:19
  #72 (permalink)  
joebloggs
 
Join Date: Dec 1999
Location: Australia
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So now The "Industry Expert" and the CropDuster have stepped outside the bar to finish off their "discussion".... Can we get back to the thread please?

A friend of mine trades with UAL - They owe him money. And he cannot get them to pay their bills. Does that mean they're in financial trouble? Make your own mind up, but they have debts exceeding 90 days on his books and I'm getting mighty worried that they'll go into Chapter 11 - protecting themselves and their poor shareholders, but BANKRUPTING small traders like my friend. It's always the end of the food chain that gets hit first.
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