Bankruptcy, UAL remain Airborne
UAL Corp., parent of United Airlines Inc., the largest airline bankruptcy in history amid record losses and a travel ban burglary, that the left side of the second airline in the world to fight pay its debts.
UAL, which was rejected a U.S. $ 1.8 billion of loan guarantees last Wednesday, was preparing a submission Chapter 11 months.
United Airlines said Taipei office, in a statement that its reorganization to the USA does not affect its ability to continue to Taiwan, the USA or the rest of the world.
Les Etats-Carrier worked with representatives of trade unions of workers to earn U.S. $ 5.2 billion in cost savings.
The company filed the petition in Chicago, after the Northern District of Illinois bankruptcy court’s Web site.
United is the second major U.S. airlines to seek bankruptcy protection since the September 11 terrorist attacks, after U.S. Airways Group Inc’s registration in August. UAL contained in U.S. $ 24.2 billion in assets of a regulatory submission October, and its Chapter 11 during the seventh largest ever.
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