Sep. 13, 2010 at 4:47 p.m.
Filed under:
Airlines,
Economy,
Jobs/employment,
M&A
By Julie Johnsson
United and Continental Airlines agreed on Monday to maintain a hub in Cleveland for at least five more years, as Ohio Attorney General Richard Cordray ended his antitrust investigation of the mega-merger.
The announcement clears one of the last remaining roadblocks to the tie-up, which will create the world’s largest carrier. The Justice Department, which had been expected to provide the closest scrutiny of the deal, concluded its antitrust probe last month.
United and Continental shareholders will vote on Friday to formally approve the financial union of the two airlines. The deal is slated to close on Oct. 1, when Continental CEO Jeff Smisek will become chief executive of the new United. Get the full story »
Sep. 13, 2010 at 2:09 p.m.
Filed under:
Airlines,
Airplanes,
Airports,
Regulations
By Julie Johnsson
Only three flights suffered excessive tarmac delays in July, all of them at Chicago’s O’Hare International Airport, as the threat of hefty, new fines continued to make an impact on air travel, new data shows.
But passengers don’t always benefit from the new rules, imposed at the end of April. Get the full story »
Sep. 8, 2010 at 4:25 p.m.
Filed under:
Airlines,
Airplanes,
Airports,
Banking,
Policy,
Politics
By Reuters
The Chicago City Council gave final approval on Wednesday to $1 billion of revenue bonds to continue expanding O’Hare International Airport.
But the two major carriers at the airport are not saying if they plan on fighting the debt sale.
A spokesman for American Airlines said there was “no comment at this time.” Get the full story »
Aug. 27, 2010 at 6:05 p.m.
Filed under:
Airlines,
Airplanes,
Airports,
Labor,
Litigation,
M&A,
Transportation,
Travel,
Unions,
Updated
By Julie Johnsson
Passengers at the United and Continental kiosks at O'Hare International Airport, May 3, 2010. (AP Photo/Charles Rex Arbogast)
The Justice Department approved the proposed merger of United and Continental airlines Friday, closing an unexpectedly speedy four-month investigation that paves the way for the mega-deal to close by Oct. 1.
To win the blessing of federal antitrust regulators, United and Continental agreed to lease slots for 18 round-trip flights to Southwest Airlines at Newark Liberty International Airport, beginning in March 2011.
Justice officials said the slot transfer was struck in “response to the department’s principal concerns” regarding the merger, which critics have warned will speed consolidation and eventually leave the three largest U.S. carriers with a lion’s share of the market. Get the full story »
Aug. 10, 2010 at 2:45 p.m.
Filed under:
Airlines,
Airplanes,
Airports,
Government
By Jon Hilkevitch
Only three commercial flights among the thousands that operated nationwide in June sat on the ground loaded with passengers for three hours or longer, the Obama administration said Tuesday, touting the effect of a controversial new consumer-protection rule that threatens stiff fines against airlines for excessive tarmac delays.
The bad news for Chicago was that all three overly tardy flights involved the home-town carrier, United Airlines, at O’Hare International Airport. Get the full story »
Aug. 10, 2010 at 6:13 a.m.
Filed under:
Airlines,
Airports
By Dow Jones Newswires
After failing for more than two years to secure airport gates in Chicago, Virgin America will begin flights to and from Dallas, its first mid-continent destination and a rare foray by a low-cost carrier into the “fortress hubs” dominated by network airlines.
Virgin America has also been trying to start services from Chicago O’Hare — a hub dominated by American and United–for more than two years, but David Cush, Virgin America’s chief executive, said he was less optimistic than ever that it could reach a deal with the city. Get the full story »
June 30, 2010 at 11:33 a.m.
Filed under:
Airlines,
Airports
By Clout Street
Liquor could be sold from pushcarts at the city’s two major airports under a measure proposed today by Mayor Richard Daley. The plan: To create a new type of liquor license allowing “the sale of alcoholic liquor from pushcarts within authorized areas at O’Hare and Midway,” according to the ordinance. The beer and liquor pushcarts would be located beyond the security checkpoints at passenger terminals.
June 10, 2010 at 9:54 a.m.
Filed under:
Airlines,
Airports
Associated Press | Delta Air Lines said that on Monday it will launch hourly shuttle service, with 11 flights each weekday, between New York’s LaGuardia and Chicago O’Hare International airports.
Delta, the world’s largest airline, was operating nine flights daily between LaGuardia and Chicago’s Midway and three between New York’s JFK airport and O’Hare.
Get the full story »
March 29, 2010 at 3:12 p.m.
Filed under:
Airlines,
Management
Tribune staff report | Franco Tedeschi has been named the new head of American Airline’s hub at
Chicago’s O’Hare International Airport. He replaces Art Pappas, who had led operations at O’Hare, American’s
second-largest hub, since May 2006. Pappas is leaving to run American’s
home hub at Dallas/Fort Worth International Airport.
Get the full story »