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United seeks USD 1.8bn in loan help

Chicago, Usa - It has lost more than USD 2bn since September 11

United Airlines asked the government yesterday for USD 1.8bn in loan assistance. The nation's number two airline after American, which has lost more than USD 2bn since the attacks, is the third major carrier to seek federal guarantees, following America West and US Airways. United is the biggest of eight applicants in the USD 10bn loan guarantee program that was set up by Congress last fall. Officials...

AVIONEWS - World Aeronautical Press Agency - 30288
Rome, Italy, 06/25/2002 15:27
AVIONEWS - World Aeronautical Press Agency

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