UAL, Creditors OK 30 Extension
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United Airlines on Friday said it had  agreed with its creditors' committee to a 30-day extension,  subject to court approval, of the period during which it can  exclusively file a bankruptcy reorganization plan.
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UAL's United Airlines will have a 30-day extention on the period in which it can file an exclusive bankruptcy reorganization plan.
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CHICAGO -- United Airlines, a unit of UAL Corp., yesterday said it was suffering "residual delays" hours after resolving a system wide, computer failure that grounded its flights around the world.
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US Airways, which filed for bankruptcy protection in September, on Thursday said it reached agreements with its lenders and lessors that will let it keep flying most of its planes.
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A U.S. bankruptcy court judge on Friday granted United Airlines another 30 days of exclusivity, giving it until the end of September to file its own reorganization plan without competing plans from creditors.
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Bankrupt Delta Air Lines Inc.  said on Monday its creditors agreed to allow the carrier to give retired pilots an additional $719 million in pre-petition claims to help them recoup lost pension benefits.
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A U.S. bankruptcy court judge on Friday approved a 30-day exclusivity extension for United Airlines, giving the carrier another month to file its own reorganization plan without competing plans from creditors.
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A federal bankruptcy judge approved United Airlines&#39; amended financing plan Friday, rejecting union arguments that United didn&#39;t try hard enough to come up with an alternative that would continue company contributions to employee pension funds.
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The pilots union at US Airways Group Inc.  on Thursday approved a &#36;300 million concession package, including pay cuts of 18 percent, to help the ailing carrier survive its second bankruptcy in two years.
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A US bankruptcy court judge approved an agreement yesterday that extends US Airways Group Inc.&#39;s ability to draw on cash from its lenders to fund operations through mid-January.
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A federal bankruptcy judge has given United Airlines a 30-day &quot;test period&quot; to show it can cooperate with its unions on a restructuring plan, rejecting union calls to open the process up to rival proposals immediately because United has not
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A US bankruptcy court judge on Friday granted United Airlines another 30 days of exclusivity, giving it until the end of September to file its own reorganization plan without competing plans from creditors.
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United Airlines says it&#39;ll need even more labor cuts than anticipated to get out of bankruptcy. United told a bankruptcy court judge in Chicago today that it intends to start talks with unions next month on a new round of cost savings.
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UAL Corp.'s UALAQ.OB United Airlines  on Friday said it has agreed with its creditors committee to a  30-day extension on the period in which it can file an  exclusive bankruptcy reorganization plan.
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A federal bankruptcy court judge on Friday gave United Airlines another 30 days to come up with a restructuring plan, but he warned the airline and its warring unions
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A bankruptcy court judge granted United Airlines another 30-day extension Friday to file its reorganization plan. Judge Eugene Wedoff extended the deadline until Oct. 31 for United to submit
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United Airlines, which has been under bankruptcy protection since 2002, won a temporary order on Friday stopping a group of creditors from repossessing 14 planes.