United Airlines reassured investors that the RFP it submitted to Boeing and Airbus is for "fleet renewal" and not growth and expressed confidence it will be able to finance any order it places. The carrier's credit facility rating was downgraded earlier this week by Fitch Ratings, which cautioned that UA faces "a deepening liquidity crisis" and questioned its ability to finance a large long-haul aircraft order (ATWOnline, June 11) Speaking yesterday at the Bank of America Merrill Lynch ...
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