Can United Rise Again
It is the fourth and largest major carrier to apply for a portion of the $10 billion in loan guarantees Congress has made available to airlines that meet stringent financial criteria. But it’s debatable whether United’s request, filed just a few days before the June 28 deadline, will be approved. Already, the Air Transportation Stabilization Board has turned down requests from two smaller airlines, and has given out just $380 million (to America West Airlines in December)....