In addition, United would issue its active pilots $550 million worth of notes, convertible to common stock once the airline has emerged from bankruptcy.

The odds are just as great that the airline will emerge weakened.

The airline emerged from Chapter 11 on 31 August 2002.

But it was unclear which airline would emerge victorious.

His restructuring plan had made the airline profitable a year and a half before it emerged from bankruptcy in August 1994.

As a result, the airline may not emerge from bankruptcy until late winter, instead of in late December.

The airline emerged with a business plan built largely on hope.

The deal may help the airline emerge from bankruptcy.

Union officials, though, said they were committed to helping the airline emerge from bankruptcy.

Clearly, we should not have a situation where different airlines can emerge from this crisis in different ways, with different costs.