by | Oct 1, 2010 | Towing
Continental Airlines (CAL) and UAL Corp (UAUA), owner of United, closed their merger deal Friday, creating the world’s largest air carrier, called United Airlines.
The new holding company, United Continental Holdings, will begin trading today on the New York Stock Exchange under the ticker “UAL,” Reuters said.
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Jeff Smisek, formerly CEO of Continental, will serve as CEO of the new…
Continue reading Continental, United Close Merger Deal
Continental, United Close Merger Deal originally appeared on DailyFinance on Fri, 01 Oct 2010 08:27:00.
Filed Under: Company News, Stocks in the News
by | Sep 20, 2010 | Towing
Spirit Airlines filed plans for an IPO worth as much as $300 million.
The airline, which offers low-cost travel to and from South Florida, the Caribbean and Latin America, would retain about half of the proceeds of the IPO and use most of the rest to pay down debt, The Wall Street Journal said.
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Spirit has remained profitable in each of the last three full years even as other…
Continue reading Spirit Airlines Files for $300 Million IPO
Spirit Airlines Files for $300 Million IPO originally appeared on DailyFinance on Mon, 20 Sep 2010 07:58:00.
Filed Under: Energy, Company News, Green, Retail, Stocks in the News
by | Sep 17, 2010 | Towing
Shareholders of United’s parent company UAL Corp (UAUA). and Continental Airlines (CAL) will vote today on a merger deal that would create the world’s biggest airline. Results of the votes are expected later today, The Associated Press reported.
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If shareholders vote in favor, the deal may close in the next two weeks. Then the new company will have to tackle issues including labor…
Continue reading United and Continental Shareholders to Vote on Merger
United and Continental Shareholders to Vote on Merger originally appeared on DailyFinance on Fri, 17 Sep 2010 07:18:00.
Filed Under: Company News, Retail
by | Sep 8, 2010 | Towing
British Airways (BAIRY) will begin a joint venture next month on flights across the Atlantic with American Airlines (AMR), after nearly 13 years of planning.
The carriers will align their frequent-flier programs, allowing travelers to earn and use m…
by | Sep 7, 2010 | Towing
Steven Slater’s daring departure from a JetBlue airplane last month made him the darling of disgruntled airline employees everywhere. But the former flight attendant is showing less braggadocio these days, having agreed to a me…
