Deathwatch

摘要

Even by the sickly standards of the American airline industry, UAL Corp. is a mess. After losing $3.2 billion last year, the nation's second-largest carrier is confronting the distinct possibility that it will not emerge from Chapter 11. It may instead be auctioned off in parts, the airplanes and landing slots carted off and the corporation liquidated in the manner of Braniff, Pan Am and Eastern.