Topic Author
Posts: 566
Joined: Thu Mar 25, 2010 10:06 pm

United Close To Agreement On Tax Refund

Sat Mar 22, 2003 2:53 am

(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.
Posts: 365
Joined: Tue Dec 10, 2002 12:27 pm

RE: United Close To Agreement On Tax Refund

Sat Mar 22, 2003 3:15 pm

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

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos