Summary
A collection of news and information related to UAL Corporation published by Tribune Company sources.
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203 items on UAL Corporation
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S & P lowers credit ratings on 3 airlines
From Chicago Tribune news servicesAMR Corp., Northwest Airlines Corp. and Chicago-based UAL Corp. had their credit ratings lowered Friday by Standard & Poor's on a forecast that high fuel prices will lead to combined 2008 losses topping $3.5 billion. American Airlines parent AMR will...Tags: American Airlines, Inc., Ratings, AMR Corp., Credit Ratings, Transportation
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S&P downgrades American, United and Northwest
AP Business WriterStandard & Poors downgraded the debt of some of the nation's largest carriers on Friday, saying high fuel prices are likely to cause heavy losses this year at American, United and Northwest airlines. S&P airline analyst Philip Baggaley said that in...Tags: AMR Corp., Transportation, Air Transportation, Air Transportation Industry
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S&P downgrades American, United and Northwest
AP Business WriterStandard & Poors downgraded the debt of some of the nation's largest carriers on Friday, saying high fuel prices are likely to cause heavy losses this year at American, United and Northwest Airlines. S&P airline analyst Philip Baggaley said that in...Tags: AMR Corp., Transportation, Air Transportation, Air Transportation Industry
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Airlines blame fuel prices for steep losses
james.bernstein@newsday.comDespite an increase in the number of people flying this year, more airlines - including discounter JetBlue Airways Corp. of Forest Hills - yesterday reported steep losses in the latest quarter, blaming soaring fuel prices for the turbulence. JetBlue said...Tags: Delta Air Lines, JetBlue, United Airlines, American Airlines, Inc., Transportation
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More airlines report losses, cut jobs
Associated PressThe losses keep piling up for airlines, as three of the nation's biggest carriers said Tuesday high fuel costs overwhelmed higher revenue in the quarter that ended June 30. UAL Corp.'s United Airlines posted the biggest loss -- $2.73 billion or $21.74...Tags: UPS Inc., Petroleum Industry, Transportation, Air Transportation, New York Mercantile Exchange
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UAL gets cash infusion amid $2.73 billion loss
AP Business WriterUnited Airlines shares zoomed up 45 percent on Tuesday after it announced plans for a major cash infusion, a smaller-than-expected quarterly loss, and reductions in flying and jobs intended to help it fight high fuel prices. Chicago-based United...Tags: Corporate Officers, Bankruptcy, Frontier Airlines Incorporated, United Airlines, Layoffs and Downsizing
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United, JetBlue to reduce flights from Southern California airports
Times staff writerSouthern California airports faced substantial reductions in flight traffic and revenue after two major carriers Tuesday announced they would cut service at Los Angeles International and Ontario airports this fall. Citing slowing demand and high fuel...Tags: UPS Inc., Petroleum Industry, Transportation, Air Transportation, New York Mercantile Exchange
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UAL shares up 50 percent despite $2.73B loss, 5,500 'frontline' job cuts
Tribune staff reporterUAL Corp. shares have jumped more than 50 percent this morning despite a big second-quarter loss, after the United Airlines parent announced an agreement to strengthen its cash position and announced plans to deeply slash its workforce. The Chicago...Tags: Transportation, Air Transportation, Air Transportation Industry, United Airlines
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United Airlines increases cash position by $1.2B
United Airlines parent UAL Corp. is extending its credit card agreements with Chase Bank USA, generating a $600 million payment from the bank and increasing its cash position by about $1.2 billion. UAL shares spiked $2.72, or 54.1 percent, to $7.70 in...Tags: Transportation, Air Transportation, Air Transportation Industry, United Airlines, Credit and Debt
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Booster shot for United
Chicago Tribune reporterUnited Airlines got a much-needed boost of confidence, as well as $1.2 billion in cash, from credit card partner Chase Bank, sending its shares soaring 69 percent Tuesday. The deal, unveiled during United parent UAL Corp.'s earnings call, appeared to...Tags: Continental Airlines Incorporated, Delta Air Lines, Bankruptcy, New York, United Airlines
Jul 26, 2008
|Story| Chicago Tribune
Jul 25, 2008
|Story| Associated Press
Jul 25, 2008
|Story| Associated Press
Jul 23, 2008
|Story| Newsday
Jul 22, 2008
|Story| South Florida Sun-Sentinel
Jul 22, 2008
|Story| Associated Press
Jul 23, 2008
|Story| Los Angeles Times
Jul 22, 2008
|Story| Chicago Tribune
Jul 22, 2008
|Story| Associated Press
Jul 23, 2008
|Story| Chicago Tribune
