Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
United Close To Agreement On Tax Refund  
User currently offlineN777UA From United States of America, joined Mar 2010, 0 posts, RR: 0
Posted (11 years 8 months 1 week 2 days 18 hours ago) and read 2618 times:

(Reuters) — An attorney for bankrupt United Airlines said on Friday the airline is close to an agreement with the federal government about overpayment and refund of taxes that should result in a $360-million refund soon.
United is still in discussions with the U.S. Department of Justice and the Internal Revenue Service but is "very close to a settlement" on the matter, attorney Marc Kieselstein said.

Kieselstein noted that receipt of the cash would be a huge benefit for the No. 2 U.S. airline given the current state of the industry amid the Iraq war.

United, a unit of UAL Corp., filed the largest-ever airline bankruptcy in December.

1 replies: All unread, jump to last
 
User currently offlineMattnrsa From United States of America, joined Dec 2002, 394 posts, RR: 1
Reply 1, posted (11 years 8 months 1 week 2 days 6 hours ago) and read 2556 times:

Great news! This would definitely come at a crucial time for UA.

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Boeing Close To Breakeven On 787 posted Sun May 21 2006 13:29:02 by Lumberton
Rumor: DL Pilots Close To Agreement? posted Mon Apr 10 2006 21:19:37 by LawnDart
Which 747 Will Operate United 900 To FRA On Dec17? posted Thu Dec 15 2005 23:02:21 by 777-500ER
Boeing Willing To Negotiate On Tax Breaks posted Tue Oct 12 2004 01:21:17 by YUL332LX
Frontier, United, Denver, Reach Agreement On Gates posted Mon Nov 10 2003 01:48:41 by F9Widebody
Unable To Upgrade On United Flight posted Fri Sep 22 2006 00:16:20 by AlexFord
United Says Its Close To Exiting CH 11 posted Sat Aug 27 2005 22:09:00 by Swank300
What To Expect On My United SFO-LHR Flight? posted Sat May 24 2003 22:28:33 by SJCguy
United Airlines To Close 23 Ticket Offices posted Wed Jun 5 2002 17:55:14 by Flyingbronco05
United And Frontier Ready To Take On Alaska posted Fri Jan 11 2002 00:10:37 by BA