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It's bankruptcy for United Airlines, the second world's biggest airline

New York, Usa - The bankruptcy petition was failed few minutes ago

According to Ual (United Airlines) there was no other solution after the refusal of the federal government to grant to the airline a loan of USD 1.8m, because the emergency plan did not give sufficient guarantees. Indeed, according to the analysts, the Ual costs would be highest of the field, not allowing those strategies necessary in order to settle the carrier. Now the court, to which the petition...

AVIONEWS - World Aeronautical Press Agency - 36991
Rome, Italy, 12/09/2002 14:57
AVIONEWS - World Aeronautical Press Agency

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