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UAL Corporation Message Board

  • bocacassidy bocacassidy May 21, 2008 12:27 PM Flag

    LIQUIDATION ?

    CHAPTER 11 ? More are imminent ....
    More ominous is the prospect of LIQUIDATION !
    UAL is by now a financial skeleton....and could be the first - but not the only major carrier to shut down....Don't blame Unions, management or even the oil cartel...
    The fundamental cause of the entire airline industry collapse is a brazen ,corrupt and destructive government policy...the brainchild of Alfred Kahn ,which over the span of years has bled the industry white by preventing fare pricing to meet costs
    The reckless financing and launching of new air carriers has paved the path to ruin

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