United Jet Repossessed
(August 19th, 2005 under Announcements)
Another interesting event in the airline business: United evidently had a jumbo jet repossessed.
Here is a quote from Chicago Business online:
"While United says it voluntarily returned the aircraft, people close to the lessors say the jet was repossessed ? unusual for a major airline ? as a negotiating ploy. The maneuver pressured United execs to reach a deal with financiers who control about one-quarter of its 450-aircraft fleet, they contend. "
Here is a link to the full article:
http://chicagobusiness.com/cgi-bin/news.pl?id=17449
Mike
This entry was posted on Friday, August 19th, 2005 at 8:53 am and is filed under Announcements.
