Company Watch - United Airlines.Dec 18, 2006 In the event of a United Airlines/Continental Airlines merger proposal were added to the proposed US Airways/Delta Air Lines combination, the organization said, then it "would mandate that the DOJ (Department Of Justice) The legal arm of the U.S. government that represents the public interest of the United States. It is headed by the Attorney General. and Congress shift from a one-off analysis of specific merger transactions and instead closely examine the future construct for domestic US and international commercial aviation marketplaces." It warned that business passengers would be charged "higher ticket prices" yet consolidation would not achieve its main purpose: "What's more, these potential transactions represent a near-term fix to the industry's difficulties and do not address systemic profitability problems and root causes." Dec 15, 2006 The proposed United Airlines/US Airways airways Anatomy The 'pipes'–trachea, bronchi, bronchioles–through which air passes to and from the alveoli. See Small airways. merger in July 2001 would have forced "millions of consumers" to pay "higher fares and accept lower quality of service." That precedent indicates that antitrust regulators' main concern will not be airlines' bottom lines but whether consumers would pay higher fares for fewer service choices. Dec 15, 2006 Airlines Press US To Revise China Route Review. An influential group of corporate travel managers has asked the US Transportation Department to reopen its decision-making process for new services to China now that United and Continental are in preliminary merger talks, a group spokesman said. Dec 15, 2006 United Airlines flew 9.13 billion system RPMs in November, up 2.4% from the year-ago month. Capacity rose 2.7% to 11.46 billion ASMs and load factor fell 0.2 point to 79.7%. Dec 14, 2006 United Airlines and Continental do not seem interested in being left out of a possible consolidation wave, said Joe Schwieterman, transportation expert at DePaul University DePaul University[1] is a private institution of higher education and research in Chicago, Illinois, USA. . When airlines merge, the combined entity often has competitive advantages over rivals related to their operational reach and cost structures. The airline industry has been rife with consolidation speculation this year as carriers continue to grapple with to enter into contest with, resolutely and courageously. See also: Grapple low fares and overcapacity o·ver·ca·pac·i·ty n. Too great a capacity for production of commodities or delivery of services in relation to actual need: the problem of overcapacity in many large industries. . Industry leaders are almost unanimous in the view that there are too many major airlines. Rumored potential couplings have included, United and Continental, United and Delta, and American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the and Northwest Airlines. Dec 14, 2006 Currently only United Airlines and Qantas operate the routes, with the latter holding a dominant position among premium travelers. Air New Zealand Parameter not given Error... ''Template needs its first parameter as beg[in], mid[dle], or end. Parameter not given Error... , Continental Airlines and Northwest Airlines have withdrawn from the routes over the past 15 years. Virgin Blue said it is "expediting" its plan to offer transpacific trans·pa·cif·ic adj. 1. Situated on or coming from the other side of the Pacific Ocean. 2. Spanning or crossing the Pacific Ocean. service following yesterday's release of a profit forecast indicating that it expects to post A$158 million ($124.1 million) in net earnings in the fiscal year ending June 30, 2007, a 39.8% increase over the A$113 million earned in the previous 12-month period. It altered its fiscal year following Toll Holdings' purchase of a majority stake. Dec 14, 2006 Currently only United Airlines and Qantas operate the routes, with the latter holding a dominant position among premium travelers. Air New Zealand, Continental Airlines and Northwest Airlines have withdrawn from the routes over the past 15 years. Virgin Blue said it is "expediting" its plan to offer transpacific service following yesterday's release of a profit forecast indicating that it expects to post A$158 million ($124.1 million) in net earnings in the fiscal year ending June 30, 2007, a 39.8% increase over the A$113 million earned in the previous 12-month period. It altered its fiscal year following Toll Holdings' purchase of a majority stake. Dec 14, 2006 United Airlines considering consolidation options, sees 'pretty flat capacity growth'. United Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Glenn Tilton Glenn Tilton (born April 1948 in Washington, DC) is the Chairman, President, and CEO of UAL Corporation, the parent company of United Airlines. He has held this role since September 2002, 3 months before UAL Corp. filed for Chapter 11 bankruptcy protection. said yesterday that the carrier is actively exploring consolidation options as it closely follows the proposed US Airways takeover of Delta Air Lines. Dec 13, 2006 United Airlines has more than $4 billion in cash available, which is "more than we need." The company said it already has achieved $135 million of the $400 million in annual cost savings targeted for next year and expects "close to flat" growth for CASM CASM Cost per Available Seat Mile CASM Communities and Small-scale Mining CASM Canadian Academy of Sports Medicine CASM Certificate of Advanced Study in Mathematics (Univeristy of Cambridge, UK) CASM Coherent Adaptive Subcarrier Modulation excluding fuel and profit-sharing in 2007. Dec 13, 2006 United Airlines highlighted its strategy of "cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. and improved efficiency" in a series of presentations in which it touted a strong post-Chapter 11 financial position. Parent UAL UAL United Airlines (ICAO code) UAL Unified Accelerator Library (Brookhaven National Laboratory) UAL User Account Lockdown UAL User Access Layer UAL Universal Auxiliary Language UAL User Agent Layer Corp. earned net income of $190 million in the third quarter, its second straight profitable quarter following a lengthy restructuring. Executives conceded that substantive growth is unlikely--thereby limiting the scope of future cost-cutting--without consolidation. UA remains committed to its current fleet size, believing that operating too many aircraft was part of what led to bankruptcy. The fleet it plans to operate 750 aircraft in 2007, down from 822 in 2003. Dec 13, 2006 Airline Industry Needs Consolidation. The chief executive of United Airlines parent UAL on Tuesday reiterated his view that the airline industry needs consolidation, but said he was not ready to disclose United's likely role in any consolidation. Dec 12, 2006 United Airlines yesterday unveiled the initial details of its new United First Suite, the signature element of a $165 million upgrade to its international widebody fleet. It said that the "new suite was designed to be the optimal space to work, sleep or relax while enjoying the latest entertainment and exclusive amenities." It is nearly 3 in. wider than the existing United First Suite and reclines to multiple angles or serves as a fully flat bed. Each suite features a 15.4-in. widescreen flat panel monitor See flat panel display. with an on-demand digital video and music system that offers multiple selections of movies, TV programs and video games See video game console. . UA will begin introducing the luxury suites in the 2007 fourth quarter and eventually will upgrade its entire widebody international fleet of 97 767s, 777s and 747s. Dec 12, 2006 United to upgrade international fleet, unveils United First Suites. United Airlines will spend $165 million upgrading its wide-body international fleet. The upgrades include the new United First Suites designed to give travelers more privacy and personal space. Each suite includes a flat-panel monitor with an on-demand digital video and music system. Dec 12, 2006 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Dec 11, 2006 |
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