08 September 2008

UPDATE: UA stock suspended

The UAUA stock has been suspended.

United's management has issued a strong denial that the bankruptcy filing is completely untrue.

I guess someone was really pissed off with the carrier.

However it is beset with problems far greater than perhaps other airlines. We have noted that UA and US are the two most vulnerable carriers among the US majors. Pilot unrest is also part of the problem.



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