Originally Posted by rickt86

I guess I will type how y'all want it, MY GUESSES TO THE OP ARE:

1. UAL is RUNNING OUT OF MONEY, and if they CAN NOT raise capital, will file CH 11 AGAIN
2.They need CAPITAL for the 787/airbuses they claim to be adding to the fleet over the next few years
3. and this one I like the most, they want capital for the mergers/buy outs that Tilton is obsessed with seeing all over the US airline industry, IE UAL wants to merge with CAL, and this will require some serious CASH ON HAND

BASICALLY, the only thing that has keep UAL in business since 2002 is the fact they mortgaged everything they owned, basically putting them XXbillion in debt, which MEANS, all those creditors have spent twice as much as they originally gave them in hopes they recover and pay it all back

ITS LIKE, someone on a blackjack table that loses $500, after betting $50 a hand, and instead of walking away, starts betting $100 a hand in hopes of winning back what they lost.....double or nothin