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United Airlines says a shutdown is possible
Chicago, Usa - The domestic and international bookings dropped 40%
United Airlines forecast a first quarter operating loss of USD 877m and said for the first time that going out of business is a distinct possibility. United said domestic bookings were down and international bookings had dropped 40% in the last week alone because of the impending Iraq conflict. The world's second largest airline turned much more pessimistic about its future. In papers filed with...
AVIONEWS - World Aeronautical Press Agency - 42539
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency