35 Yrs and Counting
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- Feb 23, 2003
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CHICAGO, March 21 (Reuters) - An attorney for bankrupt United Airlines said on Friday the airline is close to an agreement with the federal government about overpayment and refund of taxes that should result in a $360 million refund soon.
United is still in discussions with the U.S. Department of Justice and the Internal Revenue Service but is very close to a settlement on the matter, attorney Marc Kieselstein said.
Kieselstein noted that receipt of the cash would be a huge benefit for the No. 2 U.S. airline given the current state of the industry amid the Iraq war.
United, a unit of UAL Corp., filed the largest-ever airline bankruptcy in December.
Copyright 2003, Reuters News Service
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There is still a pulse in our Code Share partner. Lets hope that our fellow airline brothers and sisters make it too.
United is still in discussions with the U.S. Department of Justice and the Internal Revenue Service but is very close to a settlement on the matter, attorney Marc Kieselstein said.
Kieselstein noted that receipt of the cash would be a huge benefit for the No. 2 U.S. airline given the current state of the industry amid the Iraq war.
United, a unit of UAL Corp., filed the largest-ever airline bankruptcy in December.
Copyright 2003, Reuters News Service
________________________________________________________
There is still a pulse in our Code Share partner. Lets hope that our fellow airline brothers and sisters make it too.