PPRuNe Forums - View Single Post - UAL to file Chapter 11 this week.....
View Single Post
Old 7th February 2002 | 19:21
  #82 (permalink)  
wes_wall
 
Joined: Jan 2002
Posts: 286
Likes: 0
From: USA
Post

This from todays AV Flash:

UNITED -- FROM BIGGEST TO NEARLY BANKRUPT: Prior to American Airlines' acquisition of TWA, United Airlines was the largest commercial passenger. .air carrier in the world. Now the airline is contemplating a Chapter 11 bankruptcy filing. The carrier is expected to post a significant loss. .for the fourth quarter of 2001, but things are improving. The airline expects to add nearly 130 flights back onto its schedule after March as. .traffic and revenues increase. Lest we forget, two of the airliners hijacked on September 11 carried United's colors. Some might say that. .for that reason alone, United *must* survive.

Don't bet on it. Someone said the same thing about EAL and the Big Blue Ball.
wes_wall is offline