TITLE

Lawyer: United Case Unlikely to Have Domino Effect

AUTHOR(S)
Hume, Lynn
PUB. DATE
May 2004
SOURCE
Bond Buyer;5/10/2004, Vol. 348 Issue 31880, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that airlines are not likely to file for bankruptcy to try to get out of their lease-backed debt obligations because of a U.S. Bankruptcy Court judge's ruling in a case involving United Airlines Inc., according to lawyer William Kannel. Outcomes of a panel session at the National Federation of Municipal Analysts' 21st annual conference; Lack of guarantee that other bankruptcy judges in the county would reach the same decision; Analysis of United Airlines' leases at three airports.
ACCESSION #
13087713

 

Related Articles

  • Ins and Outs.  // Aviation Week & Space Technology;11/7/2005, Vol. 163 Issue 18, p97 

    This article reports that Northwest Airlines Inc. and United Airlines Inc.'s third-quarter financial results are appropriate to their status as carriers entering and preparing to leave Chapter 11 bankruptcy protection. Northwest, which filed for Chapter 11 little more than two weeks before the...

  • United's make-or-break chance. Hollon, John // Workforce Management;2/13/2006, Vol. 85 Issue 3, p58 

    This article provides information about the bankruptcy of United Airlines in February 2006. The company comes out of Chapter 11 with 30 percent fewer employees and $3 billion less in annual labor costs. Those workers who made it through and continued with the airline took two steep pay cuts and...

  • The pain of leaving the legacy behind. Field, David // Airline Business;May2005, Vol. 21 Issue 5, p13 

    Looks at the liquidity crunch facing United Airlines Inc. Cost of the company's fuel bill in 2005; Result of the company's decision to file Chapter 11 bankruptcy protection in December 2002; Effect of the liquidity crunch on the company.

  • Northwest halts service.  // Travel Trade Gazette UK & Ireland;10/14/2005, Issue 2687, p9 

    Reports on the suspension of Northwest Airlines' Gatwick-Minneapolis/Saint Paul service at the end of the month as a result of it seeking bankruptcy protection in the U.S.

  • A place in the world.  // Airline Business;Jan2003, Vol. 19 Issue 1, p9 

    Focuses on the bankruptcy filing of United Airlines and its contribution to the perceived failure of the full-service network model offered by several airlines in the U.S. Examples of worldwide services offered by United Airlines; Changes in the markets of air travel in several countries;...

  • United to spring out of Chapter 11. Clarke, Michael // Travel Weekly: The Choice of Travel Professionals;11/24/2003, Issue 1695, p17 

    United Airlines Inc. has set a Spring 2004 target date for its emergence from Chapter 11 bankruptcy protection. The airline is in the process of finalising its reorganisation plan and application for a $1.8 billion loan from the Air Transport Stabilisation Board, a U.S. government board set up...

  • "Business as Usual".  // Travel Agent;1/30/2006, Vol. 324 Issue 3, p66 

    The article comments on the emergence of United Airlines Inc. from bankruptcy in the U.S. When the airline was in bankruptcy status, it spent $370 million on lawyers and consultants, while its employees suffered pay cuts. The debate is on whether the airline will become competitive after...

  • Is Ted a new airline, or United's doppelganger? Cappo, Joe // Crain's Chicago Business;12/1/2003, Vol. 26 Issue 48, p6 

    Airlines company United Airlines Inc. was plunged into Chapter 11 bankruptcy protection because of several factors. One of them, no doubt, was fallout from the September 11, 2001 terrorist attacks, which caused a worldwide travel recession. However, another — and more lasting —...

  • United ready to exit Chapter 11.  // Travel Trade Gazette UK & Ireland;12/9/2005, Issue 2694, p16 

    The article reports that the United Airlines Inc. should emerge from bankruptcy protection by February 2006. There are 166 airline bankruptcies since 1978, only two passenger airlines and one cargo have successfully restructured and exited as safe businesses. United had spent more than 250...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics