United Airlines formally, and finally, exited bankruptcy yesterday after 1,150 days during which it cut annual costs by approximately $7 billion including more than $3 billion in concessions from labor unions, reduced and reconfigured its fleet to fly more profitable international routes and launched its low-cost subsidiary Ted. "Today, we have the business platform we need to compete with the strongest carriers and a clear strategy of offering the right service to the right customer at the ...

Subscribe to Access this Entire Article

"United exits three-year bankruptcy claiming it's equipped for challenges ahead" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.