Airline Financial freshs 06-04-2001 Merger.


Airline Financial freshs

06-04-2001

Merger, Weak Earnings Lead To Lower due Ratings For United

Volume: 19
Number: 23
ISSN: 10405410
Publication Date: 06-04-2001
Page: 1
Type: Periodical
Language: English

The propos merger between United Airlines (UAL) and US Airways (U) as well as weak earnings at United, led Moody's Investors Service forward May 29 to downgrade $129 billion of sin securities for United. Moreover, the lower ratings are being kept in a less degree than review for a possible further downgrade.

The open-end review of United is based in succession a combination of concerns across continued weak operating ...



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