bigbeerbelly
18th Jun 2001, 14:41
I have heard a lot of talk about UAL starting a fleet of Falcon's. I even heard they ordered 40 at the Paris air show. Anyone have anything to contribute? Their website does mention that they announced their plans, but not much more info. I bet ALPA would require the pilots to be United pilot's. Here is the article I found:
May 17, 2001
CHICAGO, May 17, 2001 – UAL Corporation (NYSE:UAL), the holding company whose primary subsidiary is United Airlines, today said that its Board of Directors has authorized it to enter the business aviation market by establishing a stand-alone business devoted to fractional ownership of business jets. The company will negotiate with manufactures definitive orders and/or options for a substantial number of business aircraft, leading toward the operation of approximately 200 business aircraft by 2005.
Commenting on the new fractional ownership business, United Airlines Chairman and Chief Executive Officer James E. Goodwin, said, "The business aviation industry has seen dramatic growth over the last 10 years, reflecting the needs of the market and particularly, the needs of our corporate customers. We believe that given our operational excellence and our 75 years of aviation experience, we are positioned to supply a unique product, blending that experience and excellence with a quality product and the very highest standards of customer service consistent with those found in the world’s finest hotels.
While the new fractional ownership business will be funded by and linked to United’s operating capabilities, it will otherwise be fully separate from United.
UAL Corporation intends to make further announcements about the new subsidiary shortly.
May 17, 2001
CHICAGO, May 17, 2001 – UAL Corporation (NYSE:UAL), the holding company whose primary subsidiary is United Airlines, today said that its Board of Directors has authorized it to enter the business aviation market by establishing a stand-alone business devoted to fractional ownership of business jets. The company will negotiate with manufactures definitive orders and/or options for a substantial number of business aircraft, leading toward the operation of approximately 200 business aircraft by 2005.
Commenting on the new fractional ownership business, United Airlines Chairman and Chief Executive Officer James E. Goodwin, said, "The business aviation industry has seen dramatic growth over the last 10 years, reflecting the needs of the market and particularly, the needs of our corporate customers. We believe that given our operational excellence and our 75 years of aviation experience, we are positioned to supply a unique product, blending that experience and excellence with a quality product and the very highest standards of customer service consistent with those found in the world’s finest hotels.
While the new fractional ownership business will be funded by and linked to United’s operating capabilities, it will otherwise be fully separate from United.
UAL Corporation intends to make further announcements about the new subsidiary shortly.