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United Likely to Declare Bankruptcy

By Cheryl Corley
Published December 5, 2002 at 11:00 PM CST

United Airlines, struggling with massive debt and unable to reach key union concessions, will probably file for bankruptcy protection on Sunday. Continental, Northwest and American airlines all fought against United's bid to secure $2 billion in emergency funding from the federal government, and could pick up United's lost business. NPR's Cheryl Corley reports.

Copyright 2002 NPR
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Cheryl Corley
Cheryl Corley is a Chicago-based NPR correspondent who works for the National Desk. She primarily covers criminal justice issues as well as breaking news in the Midwest and across the country.
See stories by Cheryl Corley
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