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Old 10-17-2001, 12:34 AM   #1
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United CEO James Goodwin Says Airline Will Perish Next Year if Finances Don't Improve

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CHICAGO (AP) -- United Airlines' chief executive James Goodwin says the carrier ``will perish'' sometime next year if it cannot soon stem huge losses that have worsened dramatically since Sept. 11.


His comments came in a letter to employees, obtained Tuesday as United continues to slash its schedule and work force to cope with the drastic decline in air travel caused by last month's terrorist attacks.

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Old 10-17-2001, 12:34 AM   #2
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United CEO James Goodwin Says Airline Will Perish Next Year if Finances Don't Improve

Quote:
CHICAGO (AP) -- United Airlines' chief executive James Goodwin says the carrier ``will perish'' sometime next year if it cannot soon stem huge losses that have worsened dramatically since Sept. 11.


His comments came in a letter to employees, obtained Tuesday as United continues to slash its schedule and work force to cope with the drastic decline in air travel caused by last month's terrorist attacks.

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