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Airlines' Red Ink

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Airlines' Red Ink

Airlines' Red Ink

Airlines' Red Ink

  • Download
  • <iframe src="https://www.npr.org/player/embed/1151875/151875" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

NPR's Robert Smith reports it was a grim financial week for the nation's aviation industry. The major airlines reported that over the last three months, they have lost more than $2 billion. UAL, the parent company of United Airlines, announced today that it lost nearly $900 million all by itself in the third quarter. The prospects at United Airlines are so bad, the company is publicly discussing a bankruptcy filing.

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