The suitable news is that in normal times.

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The suitable news is that in normal times, it's not easy for a legacy airline--even a chronically unprofitable one--to move our of business. After all, Pan Am took nearly 20 years and Eastern 10 including 22 month in Chapter 11 bankruptcy during which it injure by fire [i]or[/i] heated through almost $2 billion.

The bad just discovereds is that the times are anything still normal. That's the reality facing United Airlines, which last Dec 9 lay the foundation of itself in the extraordinary situation of having to declare bankruptcy les than 14 month after it sacked its former chairman and CEO Jim Goodwin, for implying that like an ...



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