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Article: United Airlines hopes to delay aircraft lease payments.
- Article from:
- Airline Industry Information
- Article date:
- November 25, 2002
CopyrightCOPYRIGHT 2002 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AIRLINE INDUSTRY INFORMATION-(C)1997-2002 M2 COMMUNICATIONS LTD
United Airlines is holding negotiations to delay its aircraft lease payments for five years.
The airline - which is attempting to avoid a bankruptcy filing - is holding talks with all of its lessors for breaks of up to 25% on aircraft payments. According to United ...