Originally Posted by
Beacon32
Didn’t CAL have close to 6 billion in debt when United merged with them in 2010? Not sure what that’d be in today’s dollars but that was a hefty amount of debt as well.
10 Billion in debt, in today’s dollars, per the SEC.
And you have to remember, the old United basically died with that merger. Continental was the better run, more respected airline, and the merged entity pivoted hard away from UAL’s legacy culture.