Woody13
New Member
No Airline in Disney's Future!
Disney was already in the airline business and paid dearly for that venture.
In 2003, Disney took a $114 million pretax charge because of aircraft-lease rejections by United, which had sought Chapter 11 bankruptcy protection the previous year.
Disney just got a $50 million settlement from United. Disney has now learned its lesson. They will not get involved in the airline industry again.
Disney was already in the airline business and paid dearly for that venture.
In 2003, Disney took a $114 million pretax charge because of aircraft-lease rejections by United, which had sought Chapter 11 bankruptcy protection the previous year.
Disney just got a $50 million settlement from United. Disney has now learned its lesson. They will not get involved in the airline industry again.