By Susan Chandler
Tribune staff reporter
Published March 5, 2003
United Airlines lost $382 million in January, but its remaining pile of cash barely declined thanks to drastically reduced employee wages.
The Elk Grove Township-based carrier ended January with $1.78 billion in cash, down less than 2 percent from $1.81 billion on Jan. 1. That's good news for the nation's second-largest airline, which filed for federal bankruptcy protection from creditors in December.
After the filing, United's pilots, flight attendants and salaried employees agreed to temporary wage cuts to help the carrier through the immediate crisis. A bankruptcy court judge later imposed similar cuts on United's mechanics....
On 3/5/2003 7:59:01 AM BillLumbergh wrote:
As the moderator you often post articles of interest to UAL. Do I notice a trend, however, that you only deem to post articles which show UAL in a negative light? Just curious as to your bias/affiliation to the aviation world - what is it; what do you do for a living and for who???????? - me? I'm a UAL pilot. I apologize if I am incorrect (and yes, I know that most news about UAL is negative, but there are noticible exceptions which I've never seen you post. To wit, from virtually last place to first in on time performance as just one example. Editorial Bias?) thanks - gimbalimit
On 3/5/2003 8:55:16 PM gimbalimit wrote:
As the moderator...
Definitely editorial bias, or personal bias. I've already had my go round with him. Free, objective speech is not the game on this board, or rather, with this so called moderator.