Good article in BusinessWeek about the disaster that is United Airlines, from their never ending labor disputes, to the billions in losses they've racked up quarter after quarter, to begging US and CO to merge with them.
They reached a new low point last week: the total market value of the company sank to the same amount they've spent on lawyers and "consultants" since their 2002 bankruptcy filing...a miserable $335 million. Undoubtedly their planes alone are worth more than that. With no turnaround in sight, the only solution would seem to be selling it all off.
United Airlines: O'Hare Today, Gone Tomorrow [BusinessWeek]
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