Bankruptcy Information Center
United Exists Bankruptcy February 1, 2006
Our airline has exited from over three years in Chapter 11 bankruptcy – the longest bankruptcy in aviation history. After over $2.7 Billion dollars in Flight Attendants concessions and the termination of our pensions, management can no longer run to the Court for concessions from our Contract or for changes to health benefits for retirees. More info >
UAL Bankruptcy News
Feb 1 - United Airlines finally left bankruptcy Wednesday, a leaner and more cost-efficient carrier after a painful restructuring that began in 2002 and lasted an industry record 1,150 days.
Jan 29 - If the company is worth so much that management has hundreds of millions coming to them, shouldn't the employee-owners get a taste?
Jan 31 - United Airlines is expected to end its 38-month stay in bankruptcy proceedings on Wednesday, but the carrier may not be profitable this year because of a recent surge in fuel prices.
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