UAL seeks more time to file recovery plan

UAL Corp., the bankrupt parent of United Airlines, asked a judgeto give it until the end of the year to file its recovery plan.

UAL asked U.S. Bankruptcy Judge Eugene Wedoff in a court filingFriday to give the Elk Grove Village-based company the exclusiveright to submit a plan through Dec. 31. Creditors would be precludedduring that time from offering competing proposals. The currentdeadline is Aug. 30.

The parent of the world's second-largest airline said it neededthe extra time to obtain exit financing after the U.S. AirTransportation Stabilization Board denied its application for a loanguarantee in June.

Extending the period would allow United to focus on …