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United Airlines' Loan Request Denied
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United Airlines' Loan Request Denied

Business

United Airlines' Loan Request Denied

United Airlines' Loan Request Denied
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  • <iframe src="https://www.npr.org/player/embed/1963802/1963803" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The federal Air Transportation Stabilization Board turns down United Airlines' request for $1.6 billion in loan guarantees. The nation's No. 2 airline says it needs the help to back a $2-billion private loan package as it struggles to emerge from bankruptcy. Hear NPR's Steve Inskeep and David Field, Americas editor of Airline Business magazine.

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