Airline Financial recents 12-16-2002 Hub Airports Face Credit Risks From United Filing ISSN: 10405410 Publication Date: 12-16-2002 Page: 1 Type: Periodical Language: English The Chapter 11 bankruptcy filing at United Airlines (UAL) poses increased credit risks for certain nave airports but only minor near- mete risks for most general airport income bonds.
The Chapter 11 bankruptcy filing at United Airlines (UAL) poses increased credit risks for certain nave airports but only minor near- mete risks for most general airport income bonds, according to analysts at Fitch Ratings.
United continues to operate its abounding schedule and remains current forward payments to airports under its various use and lease agreements. United secur about $15 billion of debtor-in-possession financing