It isn't hard to get credit coming out of bankruptcy - in fact, it isn't that hard to get credit while in bankruptcy.
Here's something from last month:
"United Airlines, the primary subsidiary of UAL Corporation (Nasdaq: UAUA), announced today that on February 2, 2007, it used cash to pay down $972 million of its original $3 billion exit facility, and refinanced the remaining $2 billion. The new facility was arranged by J.P. Morgan Securities, Inc. and Citigroup Global Markets as joint lead arrangers and Credit Suisse Securities (USA) LLC as syndication agent. The transaction results in significantly lower interest costs, less restrictive covenants, and releases approximately $2.5 billion of collateral." http://ir.united.com/phoenix.zhtml?c=83680&p=irol-newsArticle&ID=958433&highlight=
NEW YORK - The chairman, chief executive and president of UAL Corp., parent of United Airlines, received compensation worth $39.7 million in 2006, UAL's first year as a standalone company after emerging from three years of bankruptcy protection.
http://www.unitedafa.org/news/pdetails.asp?ID=156
Here's another:
Workers are also unhappy with the company incentive plan that paid Tilton a $839,028 bonus, equal to 122 percent of his salary, which also was disclosed in the SEC filing. Lower-level workers are eligible for far smaller bonuses under the plan, known as "Success Sharing." For example, the most pilots could receive, if United reaches on-time and other goals, is 2 percent of their annual pay.
http://www.unitedafa.org/news/pdetails.asp?ID=160