CRPilot
Topic Author
Posts: 298
Joined: Tue Nov 09, 2004 8:37 am

Getting Closer To A Business Plan From UA.

Sun Dec 19, 2004 9:05 am

CHICAGO (Dow Jones)--United Airlines has begun approaching potential lenders for bankruptcy exit financing after making "substantial" progress finalizing its business plan over the past month, according to court documents.

http://money.iwon.com/jsp/nw/nwdt_rt_top.jsp?cat=TOPBIZ&src=704&feed=dji§ion=news&news_id=dji-00076920041217&date=20041217&alias=/alias/money/cm/nw

Could this be the light at the end of the tunnel? I really hope this is the beginning of an exit strategy!

(Please, this is not intended as a UA bashing post, thank you.) Big grin
Flying is a privilege!
 
ual777contrail
Posts: 2914
Joined: Sun Feb 17, 2002 11:33 am

RE: Getting Closer To A Business Plan From UA.

Sun Dec 19, 2004 11:54 am

(Please, this is not intended as a UA bashing post, thank you.)

It will end up that way. Lets hope the other two big unions will agree to concessions. I saw a wish list for UAL to the CSR's, I personally don't think it looks that bad. A few changes, some that should have been revised a LONG time ago.

UAL 777 CONTRAIL

 
CRPilot
Topic Author
Posts: 298
Joined: Tue Nov 09, 2004 8:37 am

RE: Getting Closer To A Business Plan From UA.

Sun Dec 19, 2004 12:32 pm

Hey UAL, do you think UA is going to continue to pass their domestic routes to UAEX?
Flying is a privilege!