United Asks for Additional Funds
United's parent UAL Corp. outlined its need in a bankruptcy court filing. If the motion wins court approval, the airline's aggregate loan total would rise to $1.3 billion.
To do what with? Furthur increase managements salaries? Line the pocket of Tilton and the bankruptcy lawyers?
Robert P. Mark
7/14/2005
Bankrupt United Airlines on Thursday said it needs another $310 million in debtor-in- possession loans as it completes a reorganization plan. 7/14/2005
United's parent UAL Corp. outlined its need in a bankruptcy court filing. If the motion wins court approval, the airline's aggregate loan total would rise to $1.3 billion.
To do what with? Furthur increase managements salaries? Line the pocket of Tilton and the bankruptcy lawyers?