Will united Airlines Liquidate

[rumorhasit]

Do you think UAL will throw in the towel?

 

[calfo]

It won't be up to United - it'll be up to the creditors. If things get to the point where what they owe starts to equal what they own - and there's still no real change in plans, then they might have the plug pulled on them. It'll be a seriously ugly thing to see, but nobody's ruling it out, that's for sure...

 

[juan2go]

Liquidate

Hmmmm........Come on! Have you not heard about Ted? How can you even mention liquidation?

 

[N1atEcon]

?

Someone once said this about airlines and Chapter 7.
"If there is a way a lawyer can still make money on the airline still running then it will keep operating.

 

[Newjetjockey]

So, in a nutshell, how much do they owe and how much do they currently own?

 

[resistance]

United's future looks.......liquida-TED!

Smoke and mirrors all for the laywer's Swiss-bank accounts.

 

[Mr.B]

Well the short of it is that UAL has begun and just about compleTED the slash and burn over the operation using the BK code before anybody else. I'll give them that.

They will be a very lean, mean and formitable competitor once emergence takes place and the seats begin to fill this summer. FWIW

 

[Crizz]

Any predictions on what will happen if United and their legacy brethren at Uair BOTH go tango uniform?

 

[juan2go]

once emergence takes place

"once", "when" or "if".......plenty of work ahead. If Ted can't do it.......uhhhh......what was the question? Oh yea, lean and mean, can't wait.

 

[SWA/FO]

yes