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Decide United's Loan Guarantee On The Merits

机译:决定美联航的贷款担保

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摘要

United Airlines' two-year bid for a federal loan guar-antee, intended at first to keep it out of bankruptcy protection and now aimed at financing its exit from Chapter 11, has descended into administrative silli-ness and election-year politics. The application is not being considered on its merits, and it should be. At the center of the administrative maelstrom is the Air Transportation Stabilization Board (ATSB), established by post-Sept. 11 legislation to administer as much as $10 billion in loan guarantees to airlines that need to borrow and wouldn't be able to otherwise. The board comprises representatives of the Transportation and Treasury Depts. and the Federal Reserve Board.
机译:联合航空(United Airlines)两年期竞购联邦担保保证金,旨在首先使其脱离破产保护,现在旨在为其退出第11章的融资提供资金,如今已沦为行政管理和选举年政治。该应用程序的优点不被考虑,应该考虑。在行政漩涡的中心是9月后成立的航空运输稳定委员会(ATSB)。一项11项立法,对需要借贷,否则将无力偿还的航空公司管理多达100亿美元的贷款担保。董事会由运输和库务部的代表组成。和联邦储备委员会。

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  • 来源
    《Aviation Week & Space Technology》 |2004年第26期|p.66|共1页
  • 作者

  • 作者单位
  • 收录信息 美国《工程索引》(EI);
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类 航空;
  • 关键词

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