Location: Wisconsin....about 100 miles south of the Frozen Tundra and 70 miles east of Camp Randall
Re: United Airlines
The "experts" are saying that United will declare Chapter 11 bankruptcy, will continue to fly it's normal routes for now - but the bankruptcy will be handled by the federal court. United will probably come out of bakruptcy a smaller, leaner airline (one would hope!)
Crown Princess 1/18/14....the NEW Me, Myself and I cruise!
They'll almost certainly continue to fly for a while at least. Somebody has to fly those routes.
Unfortunately, United suffers from a Neanderthal management team and some of the greediest employee-owners in the history of industry--they're 55% employee owned, so the stock swoon has the biggest impact on them.
Do some in-depth reading about the situation if you want to see a company with a real death wish. Sadly, except for the employee ownership, they're not all that different from the rest of the majors, who failed to use the good times to create airlines for the 21st Century. Now it's too late for some of them.
United's inability (unwillingness?) to present a viable business plan (after taking three stabs at it) in order to secure further loans is truly mind-blowing.