Company Watch - United Airlines.For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jun 19, 2006 United Airlines said it has achieved significant performance improvements at its Chicago Chicago, city, United States Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837. O'Hare hub since forming an O'Hare Operational Excellence team earlier this year to address a series of issues that were causing delays. In a taped message to employees, Cindy Szadokierski, VP-O'Hare operations, said ramp guide personnel met 97% of arriving aircraft, up 6 points from January, resulting in projected annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. fuel savings of $416,000. Also, from February through May, 94% of jetbridges were in place at aircraft doors within 3 min. of aircraft block arrival, up 2 points from January. Ontime departures are up 10.2 points from January. Szadokierski said the benefits transcend the operational improvements. "In the past, too much of the discussion at the airport was centered on which department would be charged with the delay, rather than root causes or how we could improve the process for the customer. Now, the conversation is about O'Hare performance--one team--and how we all are responsible for it." Jun 15, 2006 United Airlines will lay off at least 1,000 salaried workers by year end, 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 at the Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. Global Transportation Conference in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . The figure represents approximately 11% of UA's salaried employees. Overall, the airline is targeting savings of $400 million in 2007. Tilton said the layoffs will be part of a $100 million reduction in general and administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. that will accompany a $200 million cut in purchased services and a $60 million reduction in advertising and marketing expenses. Jun 15, 2006 United Services, United Airlines' maintenance and engineering division, signed a contract with France's Eagle Aviation to provide overhaul and ring-case modifications on PW4060 engines that power three former UA 747-400s that the charter and wet-lease operator is acquiring from a third party. United Services also recently signed a contract with Azteca Airlines for services that include the overhaul of a 737 landing gear set. Jun 12, 2006 |
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