Bond Payment Ruling Good for United, Bad for Creditors
A U.S. bankruptcy judge's decision that lets UAL Corp. halt payments on certain bonds for facility improvements at airports in California and New York is good news for United Airlines in its quest to emerge from bankruptcy. However, it's bad news for bondholders, who could possibly receive pennies...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
