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Company Watch - United Airlines.


For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul 31, 2006

Passenger jet, cargo plane nearly collide at O'Hare. A United Airlines passenger jet and a cargo plane came within 300 feet of colliding on Sunday night at Chicago's O'Hare International Airport O'Hare International Airport is an airport located in Chicago, Illinois, United States, 17 miles (27 km) northwest of the Chicago Loop. It is the largest hub of United Airlines (whose headquarters is in downtown Chicago) and the second-largest hub of American Airlines (after , the Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control  says. The FAA says an error by an O'Hare air traffic controller caused the incident, which ranks in the most serious category of runway incursions. Jul 25, 2006

United beats forecasts, achieves profitability after six years in red. United Airlines will report its first quarterly profit excluding unusual items in six years when it releases its second-quarter results on July 31.Parent UAL UAL United Airlines (ICAO code)
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UAL User Agent Layer
 Corp. took the unusual step of unveiling preliminary figures yesterday in a filing designed to offer guidance to investors as it prepares to issue $726 million in convertible notes to an employee trust by Aug. 1. The company anticipates net earnings of $119 million, or $141 million excluding a one-time severance payment in the June quarter, reversing a $1.43 billion loss in the year-ago quarter, or $26 million excluding reorganization and special items. Jul 25, 2006

United Airlines expects to report operating revenues of $5.11 billion, up 15.6% over last year. Expenses will rise 10.9% to $4.85 billion and operating profit Operating profit (or loss)

Revenue from a firm's regular activities less costs and expenses and before income deductions.


operating profit

See operating income.
 will grow more than fivefold fivefold
Adjective

1. having five times as many or as much

2. composed of five parts

Adverb

by five times as many or as much

Adj. 1.
 to $260 million from $48 million. Mainline unit revenue is expected to climb 11.5% to 12.03 cents against an 8.9% rise in mainline CASM CASM Cost per Available Seat Mile
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 to 11.43 cents, or 7.7 cents excluding fuel and nonairline costs, an increase of 1.6%. Jul 25, 2006
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Publication:Airguide Online
Geographic Code:1USA
Date:Jul 31, 2006
Words:276
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