United Airlines, long mired in federal bankruptcy court, may now
have a way out. JP Morgan and Citigroup have signed on to arrange
$3 billion in financing to help the beleaguered carrier emerge from
federal debt protection as planned in February.
Captain David Webb, chairman of the FedEx unit of the Air Line
Pilots Association, Int'l (ALPA), issued the following statement
following FedEx management's decision to request the assistance of
the National Mediation Board in the pilots' ongoing contract
negotiations.
Read More
