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United Airlines Files for Bankruptcy

By Elaine Korry,
Cheryl Corley
Published December 9, 2002 at 12:00 AM EST

United Airlines files for Chapter 11 bankruptcy protection. The filing is the largest in the airline industry. United says it's "business as usual" for customers. But some United workers stand to lose thousands of dollars from the company's employee stock ownership plan. Hear NPR's Cheryl Corley and Elaine Korry.

Copyright 2002 NPR
NPR News
Elaine Korry
Elaine Korry is an NPR contributor based in San Francisco. From August 2004-June 2007 she worked as an NPR senior reporter covering social policy for NPR, with a focus on education, and on the lives of the nation's most vulnerable citizens — the homeless, those living in poverty, working in low wage positions, and trying to find their way to a more stable life.
See stories by Elaine Korry
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