It seems that fellow blogger MD-11 has posted about the ‘Wheel of Bankruptcy’ and iAir. Well, it seems that United Airlines is actually getting closer and closer to leaving its notorious Chapter 11.

In another three weeks or so, United (which has lost $10 billion since 2000) will have been in Ch. 11 for three years. (Don’t forget to send a card.) Its CFO, Jack Brace, said that UAL is indeed ‘marching forward’ to its exit sometime early next year. Judge Wedoff, who oversees the case, has approved its final bankruptcy plan. Fuel costs are dropping, and the domestic routes are doing better.

It’s no surprise that United, which expects to return to ‘steady profitability’, is going to expand internationally. After all, that’s been the strategy of all the legacy carriers in the past few months.

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