A bankruptcy judge on Friday approved UAL Corp.’s disclosure statement, keeping the parent of United Air Lines Inc. on pace to emerge from Chapter 11 protection in early 2006.

The plan was approved by Judge Eugene R. Wedoff of the U.S. Bankruptcy Court for the Northern District of Illinois despite several objections filed in the weeks leading up to the hearing. Among the balking creditors was the Pension Benefit Guaranty Corp., the federal agency that has had to assume United’s terminated pensions.

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