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American Government has denied a loan at United Airlines that now risks the bankruptcy

New York, United States - The labor unions cancel votes about cut of wages

America Government denied a loan of USD 1,8bn at United Airlines. This loan would have avoided the bankruptcy for American airline. The Air Transport Stabilisation Board said United's business plan was not financially sound. Before of this decision, the managing director of Ual, Glenn Tilton, had reassured the 83.000 workers and its customers that "the airline wouldn't have closed". But now the...

AVIONEWS - World Aeronautical Press Agency - 36854
Rome, Italy, 12/05/2002 16:55
AVIONEWS - World Aeronautical Press Agency

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