UAL, creditors agree to extend exclusivity 30 days
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CHICAGO, Aug 20  - UAL Corp.&#39;s (UALAQ.OB: Quote, Profile, Research) 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 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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Some key US Airways Group Inc. lenders have agreed to extend the terms of their financing to mid-January, The Wall Street Journal reports.
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A judge gave United Airlines another 30 days to come up with a restructuring plan, but warned the airline and its warring unions to cooperate on a solution.
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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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The union representing the pilots at  UAL Corp. UALAQ.OB, parent of bankrupt United Airlines, on  Thursday said its members had ratified a contract agreement  with the airline.
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TORONTO -- After a day of wrangling in court, Stelco Inc. said last night a bankruptcy judge has extended its protection against creditors until Nov. 26, as the company had requested.
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United Airlines parent UAL Corp. and leaders of its pilots union have agreed on a deal under which the pilots will not oppose termination of their pension plan but will receive a $550 million note convertible into company stock when the airline emerges from bankruptcy protection.
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Euro Disney SCA said Tuesday its lenders have agreed unanimously to extend a debt plan designed to keep the troubled theme park operator afloat.
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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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The deal carries a 10 year optional extension, Europe&#39;s largest low-fares carrier said in a statement, but financial details were not immediately available.
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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 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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Manchester United plans talks with its two largest shareholders to put an end to months of speculation about the club&#39;s future ownership.
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The pilots at bankrupt UAL Corp.  UALAQ.OB on Monday ratified a tentative labor deal that will  allow United Airlines to save $180 million annually, a  spokesman for the pilots' union said.
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UNITED TECHNOLOGIES (UTC), which has just seven days left to launch a formal bid for Kidde, is likely to ask the Takeover Panel for a deadline extension, after raising its offer by Â£42 million to Â£1.39 billion yesterday.
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UAL Corp.  and the union representing its mechanics reached a tentative labor deal on Friday that may help the airline win the cost savings it needs to exit bankruptcy, a UAL attorney said in bankruptcy court.