Article: Panel Delays Consideration of Federal Loan Guarantee for United Parent.

By John Schmeltzer, Chicago Tribune Knight Ridder/Tribune Business News

Nov. 7--The Air Transportation Stabilization Board on Wednesday delayed consideration of a federal loan guarantee for UAL Corp. pending receipt of additional information.

The decision came a day after more than a dozen UAL executives spent seven hours briefing the board and its staff on an updated application that calls for $5.8 billion in labor concessions and $7.7 billion in savings and revenue enhancements.

It was those components of the updated business plan that the board said it needed substantially more information before the application for the $2 billion ...

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