30 More Days of Exclusivity for UAL OK'd
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A U.S. bankruptcy court judge on Friday  granted United Airlines another 30 days of exclusivity, giving  it until the end of September to file its own reorganization  plan without competing plans from creditors.
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Malcolm Glazer&#39;s patient acquisition of Manchester United continues, his shareholding in the Premiership club now standing at 28.
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UAL Corp. (UALAQ.OB: Quote, Profile, Research) , the bankrupt parent of United Airlines, on Wednesday said it would reduce US flights and increase capacity on more lucrative international
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United Airlines on Friday said it has  agreed with its creditors committee to a 30-day extension on  the period in which it can file an exclusive bankruptcy  reorganization plan.
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Pilots at UAL Corp., parent of bankrupt  United Airlines, on Thursday overwhelmingly ratified a new  contract which will allow the airline to cut wages and get rid  of traditional pensions but will give the pilots future  financial concessions.
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Several lenders to bankrupt air carrier US Airways (UAIRQ.OB: Quote, Profile, Research) agreed to extend the terms of their financing arrangement to mid-January, the Wall Street Journal reported on Tuesday, citing unnamed
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United Airlines, the bankrupt carrier, yesterday made its first progress in efforts to achieve a second round of labour cost cuts when it said it had reached a tentative agreement
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Manchester United&#39;s plc board on Monday confirmed that they have received a &#39;preliminary approach&#39; regarding a &#39;possible offer&#39; for the company.
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Shares of US Airways (UAIR.O: Quote, Profile, Research) rose more more than 5 percent on Thursday after the airline&#39;s pilots union said it may soon agree on a plan to cut wages and benefits to help the carrier avoid a second
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A bankruptcy court judge on Friday granted United Airlines (UALAQ.OB: Quote, Profile, Research) another 30-day extension to file its reorganization plan.
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United Airlines hopes to complete a new business plan within two months, including a decision on whether to terminate its pension plans, the company told employees yesterday.
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UNITED TECHNOLOGIES (UTC), which has just seven days left to launch a formal bid for Kidde, is likely to ask the Takeover Panel for a deadline extension, after raising its offer by Â£42 million to Â£1.39 billion yesterday.
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United Airlines' flight attendants and pilots ratified new contracts yesterday, agreeing to additional givebacks as the struggling carrier tries to emerge from more than two years of bankruptcy.
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Shares in United Airlines' parent company, UAL Corp., rose yesterday following a published report that it has retained Goldman Sachs Group Inc. to explore strategic options, including possible mergers with other carriers.
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ALEXANDRIA, Va.  - US Airways UAIRQ.OB reached a  tentative agreement on Thursday with the union representing  more than 5,000 customer service workers, and continued talks  with two other big labor groups about steep givebacks to keep  the airline flying past January.
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ALEXANDRIA, Va.  - The government has thrown US  Airways UAIRQ.OB a lifeline until the middle of January,  agreeing with key lenders to extend financing the bankrupt  carrier must have to operate, court records showed on Tuesday.
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UAL Corp , parent of United Airlines, and low-cost rival JetBlue Airways Corp  both posted better-than-expected results on Tuesday as each flew fuller planes and collected higher fares.