United Airlines said September traffic rose 7.6 percent, and a key revenue measure rose too. The airline said the revenue collected for each available seat flown one mile rose 13.5 percent to 14.5 percent compared with September 2009. Not counting regional flights on partner carriers, the same revenue measure rose 14 percent to 15 percent.
Filed under: Airlines
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Boeing delivered 124 commercial planes in 3Q
Boeing Co. said Thursday it delivered 124 commercial planes in the third quarter compared with 113 in the third quarter a year earlier. Get the full story »
Southwest traffic, passenger revenue rise in Sept.
Southwest Airlines Co. reported continued growth in September as a rebound continues in the travel and tourism sector.
Airlines have been posting increasing traffic and record portions of plane seats filled lately, after last year’s deep drop in demand in the recession and resulting capacity cuts. Get the full story »
U.S., Asia air alliances expected to win OK
U.S. regulators say they are likely to approve antitrust immunity for two major airline alliances carrying travelers to Asia.
The tentative approval from the Transportation Department on Wednesday would let American Airlines and Japan Airlines coordinate routes and schedules and share revenue on flights across the Pacific. A similar arrangement between United Continental Holdings Inc. and All Nippon Airways also won tentative approval. Get the full story »
Oct. 6, 2010 at 11:48 a.m.
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Filed under: Airlines, Airplanes, Airports, Jobs/employment, Labor Continental attendants decline joint contract talks
Flight attendants with Continental Airlines Inc said they will not participate in contract talks with their peers at United Airlines, according to a report in Bloomberg.
United flight attendants had said in an exchange of letters they would have more leverage if they worked together, according to Bloomberg.
Representatives for Continental and for Association of Flight Attendants could not be immediately reached for comment. Get the full story »
Oct. 6, 2010 at 10:37 a.m.
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Filed under: Airlines, Airplanes, Airports, Jobs/employment, Labor American Airlines recalls 800 pilots, attendants
American Airlines is recalling about 800 furloughed employees, about 1 percent of its work force, as it adds flights on international routes. CEO Gerard Arpey announced the jobs as American launched a new trans-Atlantic business with British Airways and Spanish airline Iberia. American is working on a similar alliance with Japan Airlines across the Pacific.
New routes with American, BA, Iberia alliance
American Airlines, British Airways and Iberia have announced new routes as they launch their trans-Atlantic business on Wednesday.
The three airlines say that the tie-up will give customers more access to cheaper fares, bigger choice of flight times and easier connections. Get the full story »
Oct. 4, 2010 at 2:22 p.m.
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Filed under: Airlines, Airplanes, Airports, Policy, Politics, Stock activity Airline stocks fall on fuel prices, market dip
Shares of U.S. airlines fell Monday. Although the Obama administration issued a terrorism alert for Americans travelling to Europe, the more likely culprits were higher jet fuel prices and a broader stock market downturn. United, Continental, American and Delta said they weren’t seeing unusual numbers of cancellations and were operating their full schedules of flights to and from Europe on Monday.
Oct. 4, 2010 at 11:22 a.m.
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Filed under: Airlines, Government, International, Tourism, Travel Business as usual at U.S. airlines after travel alert
U.S. airlines Monday said their flights and schedules were unaffected by the U.S. State Department alert issued Sunday to warn American tourists of the potential for attacks by al-Qaeda and other groups in Europe. Get the full story »
United-Continental CEO Smisek to get $975K salary
United-Continental CEO Jeff Smisek, center, talks with two employees on Sept. 23, 2010, in Houston. (Tribune)
Airline company United Continental Holdings Inc., formed Friday in the merger of UAL and Continental Airlines, said Chief Executive Jeff Smisek would receive an annual salary of $975,000.
Smisek, who had been CEO of Continental, may also receive 150 percent of his salary as an annual bonus. Pay details were disclosed by the company in a Securities and Exchange Commission filing Friday.
UAL and Continental merged to create the world’s largest carrier by traffic. Get the full story »
UAL, Continental close deal to form No. 1 airline
Continental Airlines CEO Jeff Smisek walks through Terminal C of Houston Intercontinental Airport to catch a flight to Chicago on Sept. 23, 2010. (Tribune)
United Airlines closed its merger with Continental Airlines Friday to create the world’s largest airline, called United Airlines. The stock begins trading this morning under the symbol UAL. The holding company formed from the all-stock merger will be called United Continental Holdings Inc.
The two airlines will begin marketing as one company in the spring. In the meantime, travelers will see United employees at United kiosks and Continental employees at Continental kiosks, depending on which carrier is handling the flight.
The company is working to combine frequent flyer programs. In a call with reporters, Smisek underscored, “your miles are safe.” Get the full story »
United’s top lawyer resigns ahead of merger
By Ameet Sachdev and Julie Johnsson | The merger between United and Continental airlines is scheduled to become official on Friday, and there is an unexpected hole in the senior management team.
Tom Sabatino, who was supposed to be the top lawyer inside the combined United-Continental airlines, has resigned, the Tribune has confirmed. Get the full story »
United CFO to move to Nalco
Water-treatment company Nalco Holding Co. on Wednesday said Kathryn Mikells would join the company as chief financial officer after United Airlines and Continental Airlines Inc. complete their planned merger. Get the full story »
Moody’s raises its ratings on UAL Corp.
Moody’s Investors Service raised its ratings on UAL Corp. a notch, finishing the review of the airline it begun when the parent of United unveiled its deal to merge with Continental Airlines Inc. Get the full story »
United, Continental defeat effort to block merger
From BusinessWeek | UAL Corp.’s merger with Continental Airlines Inc. won’t create a monopoly and shouldn’t be blocked on antitrust grounds, a federal judge ruled, helping to clear the way for the deal’s completion.
