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United's Loan Guarantee Denied, Bankruptcy Close

By Cheryl Corley
Published December 5, 2002 at 12:00 AM EST

A federal panel rejects United Airlines' request for nearly $2 billion in government loan guarantees, increasing the likelihood the carrier will have to seek protection from creditors in bankruptcy court. NPR's Cheryl Corley reports.

Copyright 2002 NPR
Cheryl Corley
Cheryl Corley is a Chicago-based NPR correspondent who works for the National Desk. She primarily covers criminal justice issues as well as breaking news in the Midwest and across the country.
See stories by Cheryl Corley
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