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...
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.
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
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