Originally Posted by
ToiletDuck
UAL can't really go into BK. They already have and those aircraft are already spoken for to their largest creditor. If they go into CH 11 now they won't have anything to bargain with.
Oh yes they can. Continental made two trips. 1983-1986, then again 1990-1993. It is ugly and make attorneys and senior management a whole lot of money. <ng>