Highlights
The nation's second-largest airline, United controlled 12 percent of the U.S. market and operated more than 3,600 flights around the globe each day in 2007. One of the oldest airlines in the world, United was founded in 1926 and was part of Boeing until 1934, when federal regulators forced the company to separate its air transport and airplane manufacturing businesses. United is one of a handful of U.S. carriers to successfully navigate the industry's late-1970s deregulation and periodic labor unrest, including a pilot's strike in 1985 and slowdown in 2000, the "summer of hell," infamous for flight delays. In February 2006, United emerged from a three-year bankruptcy, one of the costliest in...
The nation's second-largest airline, United controlled 12 percent of the U.S. market and operated more than 3,600 flights around the globe each day in 2007. One of the oldest airlines in the world, United was founded in 1926 and was part of Boeing until 1934, when federal regulators forced the company to separate its air transport and airplane manufacturing businesses. United is one of a handful of U.S. carriers to successfully navigate the industry's late-1970s deregulation and periodic labor unrest, including a pilot's strike in 1985 and slowdown in 2000, the "summer of hell," infamous for flight delays. In February 2006, United emerged from a three-year bankruptcy, one of the costliest in U.S. history. Although posting its strongest financial results in years during 2007, United is struggling with record-high fuel prices and the threat of more labor unrest. Since CEO Glenn Tilton has been one of the airline industry's staunchest proponents of consolidation, deal rumors involving United are a staple of industry gossip.
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New O'Hare runway is in business
Tribune reporterCheers erupted in the plane dubbed United Runway 1 in the inaugural landing Thursday on the new runway built at O'Hare International Airport as part of an expansion that faces growing financial problems. Mayor Richard Daley was among the officials to...Tags: Richard M. Daley, O'Hare, George Bush, Transportation, Air Transportation Industry
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3 airports open new runways, controllers concerned
Associated Press WriterAviation officials celebrated as planes rolled down new multimillion-dollar runways across the country Thursday, even as air traffic controllers and industry observers voiced doubts about the airstrips' effectiveness and immediate impact. Despite global...Tags: American Airlines, Inc., Government, Emergency Planning, O'Hare, Seattle
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United CEO supports O'Hare expansion
United Airlines CEO Glenn Tilton says the ongoing expansion at O'Hare International Airport has his company's "full support." His comments Thursday at a Chicago celebration for a new $450 million O'Hare runway contradicted documents obtained by the...Tags: O'Hare, Transportation, Air Transportation Industry, O'Hare International Airport, Air Transportation
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United wins injunction against pilot union over sick-outs blamed for summer cancelations
AP Airlines WriterMINNEAPOLIS (AP) _ A federal judge found that a summer sick-out and work slowdowns by some United Airlines pilots was an illegal job action and said she would issue a preliminary injunction against their union. United had blamed the sick-outs alone for...Tags: Court Preliminary, Defense, Trials, Unions, Bankruptcy
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3 ways to give back locally
'Tis the season to give. And there are plenty of Chicago area charities in need of volunteers looking to give back. Here are three organizations in need: 1 Give your time: Housing Opportunities and Maintenance for the Elderly (5414B W. Roosevelt Rd.)...Tags: American Airlines, Inc., Continental Airlines Incorporated, Delta Air Lines, Medical Conditions, Transportation
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Some in Congress urge Chapter 11 bankruptcy
The Associated Press-What's so bad about bankruptcy as an alternative to big bailouts for automakers or other critical U.S. companies? Frozen credit and the hardships of a Chapter 11 reorganization make it a tough pill to swallow for struggling industries and their workers....Tags: AFL-CIO, Interior Policy, Government, Wages and Pensions, Pension and Welfare
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Congress: Bankruptcy better than a bailout
The Associated PressWhat's so bad about bankruptcy as an alternative to big bailouts for automakers or other critical U.S. companies? Frozen credit and the hardships of a Chapter 11 reorganization make it a tough pill to swallow for struggling industries and their workers....Tags: Interior Policy, Government, Pension and Welfare, National Government, Bankruptcy
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Court bars United pilots from sick outs, disruptive behavior
Tribune staff reporterA Chicago federal court agreed to grant United Airline's July request for a preliminary injunction that prohibits the carrier's unionized pilots from engaging in the kind of disruptive behaviors that forced the carrier to cancel hundreds of flights last...Tags: Court Preliminary, Trials, Court Administration, Unions, Collective Contract
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Court to issue order against United pilot union
AP Airlines WriterA federal judge found that a summer sick-out and work slowdowns by some United Airlines pilots was an illegal job action and said she would issue a preliminary injunction against their union. Chicago-based United had blamed the sick-outs alone for the...Tags: Court Preliminary, Defense, Trials, Unions, Bankruptcy
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United scores win over pilots union
Tribune reporterUnited Airlines triumphed in a major skirmish with its pilots union after a federal judge in Chicago issued a temporary injunction Tuesday that bars the union from engaging in work slowdowns or other actions that could disrupt the airline's operations....Tags: American Airlines, Inc., Unemployment, Judges, Court Administration, Unions
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A possible answer for bailout seekers: Government aid and bankruptcy to boot
Associated Press WriterWASHINGTON (AP) _ Mention a corporate bailout in the nation's capital these days and chances are someone will offer a harsh condition to go along with it. Chapter 11 bankruptcy. Lately, the term "prepackaged bankruptcy" has been gaining currency in the...Tags: Interior Policy, Government, Wages and Pensions, Government Aid, Vehicles
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Bailout with a price: Chapter 11 bankruptcy
Associated Press WriterMention a corporate bailout in the nation's capital these days and chances are someone will offer a harsh condition to go along with it. Chapter 11 bankruptcy. Lately, the term "prepackaged bankruptcy" has been gaining currency in the halls of...Tags: Government, Interior Policy, Wages and Pensions, Government Aid, Vehicles
Nov 21, 2008
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Nov 18, 2008
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Nov 19, 2008
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Nov 20, 2008
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Nov 20, 2008
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