Question Details

Bloomberg Prediction: United Airlines Will File for Bankruptcy?

Bloomberg Prediction: United Airlines Will File for Bankruptcy?

Asked by: Super Userkruijs in Business » Results
Settled on 01/01/2015 19:24 Settled by Super Userkruijs

Predictions

Background

Where it started: Flyertalk.com, a site for airline junkies and mileage collectors.

United (UAL)has struggled mightily since its 2011 merger with Continental—it financially lags nearly all its industry peers—and it may have to spend deeply to lure customers back, a key to competing with Delta (DAL) and American (AAL). This fantastic idea grows more outlandish when you consider that United has a cash pile near $7 billion, a global network, and a deep, veteran executive bench with a credible business plan. United needs better execution, not a court date.

http://www.businessweek.com/articles/2013-12-30/six-extremely-unlikely-predictions-for-2014

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   Cheesenips

Oops, I picked up an old news story. Settlement as NO was correct.

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