United begins bankruptcy sqeals
After failing to interest Continental Airlines in a proposed merger, United Airlines is now in search for the perfect partner. They’re squealing something like, “We’ll do what it takes to survive.”
I think they are looking for another airline or investor whom they can bleed dry. If history is a guide United business relationships seem to end up on the rocks time after time.
Get ready for a repeat declaration of Chapter 11, if United can’t find another corporate victim.
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If they really do proceed into Chapter 11 again, please make the executives pay back every penny of their salaries, bonuses and pensions.