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Company Watch - United Airlines.


Jul 9, 2007

Travelers will have to pay up to USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$10 more for a roundtrip ticket on United Airlines and USD$14 more on Continental Airlines, as the airlines seek to offset the rising cost of jet fuel. United raised domestic fares by USD$2 to USD$5 each way, a spokeswoman said. Continental raised its domestic fuel surcharge by USD$2 to USD$7 each way, spokesman Dave Messing said. Last week US airlines, led by Delta Air Lines, initiated a fare increase of USD$5 each way that has largely held. Most attempts to raise ticket prices so far this year have been rolled back amid competitive pressure as air travel demand softens. US airlines are struggling to adapt to historically high jet fuel prices. Softening demand makes passing on those higher costs to customers more difficult. Jun 29, 2007

United Airlines announced last week that it refinanced approximately $1 billion in existing leases and mortgages through the issuance of $694 million in Enhanced Equipment Trust Certificates and $270 million in Special Facility Revenue Refunding Bonds at Denver International Airport This article is about Denver International Airport. For other uses, see KDEN (disambiguation).

Denver International Airport (IATA: DEN, ICAO: KDEN, FAA LID: DEN), often called DIA
. It said the proceeds from the debt offerings will refinance existing aircraft lease and mortgage debt associated with 13 widebody aircraft and the existing SFRBs at DEN. Excluding noncash gains associated with extinguishment of debt, it expects to save $10 million in interest and rent expense this year and $22 million in 2008. "Combined with the $1 billion debt pay-down in February, United expects to save nearly $100 million in annual refinancing costs from these transactions," Executive VP and CFO See Chief Financial Officer.  Jake Brace said Jul 2, 2007

United Airlines announced expansion of its Middle East service. Washington Dulles-Kuwait City flights will increase to daily from thrice-weekly on Jan. 2. In addition, a codeshare pact with Qatar Airways Qatar Airways (Arabic: القطرية) is an airline based in Doha, Qatar. It operates a hub and spoke network based in Doha, linking 81 international destinations.  will give UA passengers access to five new countries on QR flights to Doha, Colombo, Kuala Lumpur Kuala Lumpur (kwä`lə lm`pr), city (1990 est. pop. , Male and Peshawar. Jul 2, 2007

Reached a codeshare agreement Code sharing is a business term which was first originated in the airline industry in 1990 when the Australian airline, Qantas Airways and the US's American Airlines combined services between an array of US domestic cities and Australian cities.  with Star Alliance partner Croatia Airlines Croatia Airlines is the national airline and flag carrier of Croatia, based in Zagreb, and a regional member of the Star Alliance. It operates services to domestic and international destinations. . United Airlines said that subject to US government approval it "will begin offering codeshare flights" to Zagreb, Split and Dubrovnik while Croatia customers will have access to Washington Dulles, San Francisco, Los Angeles and Chicago O'Hare. No further details were provided. Jul 2, 2007

Double Miles between Japan and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . Fly on Air New Zealand Parameter not given Error...
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, earn with United Airlines Mileage Plus. Valid only for Residents of Japan. May 1, 2007 through Jul 31, 2007 Jun 29, 2007

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Publication:Airguide Online
Date:Jul 9, 2007
Words:498
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