Air Transport World

United Airlines. (North America Report).(brief discussion of new CEO)(Brief Article)

United Airlines' new Chairman, President and CEO Glenn Tilton was facing a decision on whether to rake the carrier into Chapter 11 bankruptcy protection in order to preserve cash as this was being written. Tilton, an oil man with no previous airline industry experience, succeeded Jack Creighton at the end of Aug. and immediately was faced with the need to go back to the unions and ask for more concessions after the Air Transportation Stabilization Board made it dear the airline's initial cost-saving targets were too low. UA now says it needs to cur the annual budget by some $2. …

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