Airlines report earnings, higher fees and job cuts Updated: Thu, Jul 23, 2009 DALLAS — Southwest Airlines and the parent of United made money in the second quarter, but the profits were overshadowed recently by more job cuts and pessimism over the severe slump in travel and rising fuel costs. Continental Airlines reported a big loss and said it would cut 1,700 more jobs. Passengers... Read More

United CEO: Bankruptcy 'more likely' Updated: Sun, Dec 8, 2002 CHICAGO (AP) United Airlines' CEO, headed into a weekend meeting with the company's board of directors, warned employees Friday that a Chapter 11 bankruptcy filing by the nation's No. 2 airline is more likely than ever. Read More

Workers reveal bitterness, worry Updated: Sun, Dec 8, 2002 CHICAGO -- United Airlines mechanic Michael Sanft's shares of UAL Corp. stock, earned as part of the company's employee ownership plan, were worth about $150,000 in October 1997. On Thursday, a day after the federal government turned down UAL's request for a loan guarantee, they were worth about $1,500. "It's... Read More

Analysis: United bankruptcy could reshape industry Updated: Sun, Dec 8, 2002 NEW YORK -- A bankruptcy filling by United Airlines could set the stage for a dramatic restructuring of the beleaguered industry, forcing hub-and-spoke carriers over time to become more like their low-cost rivals. Assuming a more svelte United emerges from Chapter 11, experts said executives at other airlines would... Read More