UAL case
- 최초 등록일
- 2013.10.14
- 최종 저작일
- 2013.01
- 4페이지/ MS 워드
- 가격 무료
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본문내용
First of all, there were increases of the operation costs such as employee wage, which consists of the largest expense for an airline, and fuel prices. Secondly, there existed decline in passenger air travel because of the September 11 terrorist attacks. These 2 main reasons made UAL bankrupt. However, the court ordered the firm to reorganize under Chapter 11 rather than liquidation. Compared to liquidation, reorganization process allows the company to operate its business with some restriction.
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