United Appears Boxed In as Trouble Percolates
Article Abstract:
By not asking its unions, a year ago, for major cuts in future pension benefits, United Airlines opened itself to its current labor unrest, following its recent decision to stop funding its pension plans until it has come out of bankruptcy. The airline was counting on a government loan guarantee to cover its pension obligations, but its application was rejected three times, forcing the airline to take action regarding its pension plans.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
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United Airlines Is Turned Down In Bid for Loans
Article Abstract:
The Air Transportation Stabilization Board has rejected United Airlines request for loan guarantees. The airline must find other means of bankruptcy restructuring.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
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US Airways and America West Plan to Merge
Article Abstract:
US Airways and America West plan to merge in order to create the nation's fifth-largest airline; more industry consolidation may follow.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
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