Wed, Jan 12, 2005
Aero-News: Quote of the Day
Quote of the Day usually derives from current news, though we
reserve the right to pick quotes out of history that have a bearing
on the day's events and issues.
Sometimes, you'll find them timely and in keeping with the
content of the day's news... and sometimes, they'll just be
Reader suggestions and comments are welcome... and if
particularly intriguing, timely, or poignant, may themselves
become future Quotes of the Day.
Let us hear from you, folks!
Aero-News Quote of the Day
"We still believe we need to
terminate all our (pension) plans."
Source: United Airlines Chief Financial Officer
Jake Brace said in the hallway of the US Bankruptcy Court in
Chicago, IL, Monday. He was quoted in the Denver Post. Over the
weekend, United came to terms with some of its unions over the
issue of terminating pension plans. But on Friday, the bankruptcy
judge turned down a pension-pulling deal between United and its
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