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[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman color=#333333 size=3][STRONG]U.S. Air Travel Report for November: On Time Arrivals[/STRONG][/FONT][/SPAN][/SPAN][/P][SPAN class=t][SPAN class=t][FONT color=#333333 size=4]
[P][FONT face=Times New Roman size=3]WASHINGTON (Bloomberg) -- The following table details the percentage of flights arriving on time by the largest U.S. carriers. These 10 airlines account for more than 90 percent of total domestic operating revenue. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [A target=_blank href=http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnews.ht&s=APhsJ3BSyVS5TLiBB][FONT color=#0000ff]http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnews.ht&s=APhsJ3BSyVS5TLiBB[/FONT][/A][/FONT][/P]
[P][/FONT][/SPAN][/SPAN][SPAN class=t][SPAN class=t][FONT face=Times New Roman color=#000000 size=3][STRONG]America's best and worst airports[/STRONG][/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman][FONT size=3]SEATTLE (bcentral.com) - [SPAN class=msnBody1]San Jose offers no restrooms past security, Miami has 24/7 traffic jams. But New York's three airports are the worst.[/SPAN][/FONT][/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][SPAN class=msnBody1][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.bcentral.com/articles/special/airport.asp][FONT face=Times New Roman size=3]http://www.bcentral.com/articles/special/airport.asp[/FONT][/A][/SPAN][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][SPAN class=msnBody1][STRONG][FONT face=Times New Roman size=3]United, US Airways start sharing fliers[/FONT][/STRONG][/SPAN][/SPAN][/SPAN][/P][SPAN class=t][SPAN class=t][SPAN class=msnBody1]
[P class=inside-copy][FONT face=Times New Roman size=3]United Airlines and US Airways today begin sharing fliers on 192 daily flights in a bid to lure passengers from competitors and raise needed revenue.[/FONT][/P]
[P class=inside-copy][FONT face=Times New Roman size=3]The carriers, which tried to merge two years ago, are the only major airlines operating under bankruptcy court protection from creditors.[/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.usatoday.com/travel/news/2003/2003-01-07-alliance.htm][FONT face=Times New Roman size=3]http://www.usatoday.com/travel/news/2003/2003-01-07-alliance.htm[/FONT][/A][FONT face=Times New Roman size=3] [/FONT][/SPAN][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3][STRONG]United and US Airways Continue to Enhance Marketing Agreement[/STRONG][/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]CHICAGO (PRNewswire-FirstCall) - United and US Airways began the next phase of their marketing partnership with code-share flights available for travel beginning today.[/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/prnews/030107/cgtu042_1.html][FONT face=Times New Roman size=3]http://biz.yahoo.com/prnews/030107/cgtu042_1.html[/FONT][/A][/SPAN][/SPAN][/P][SPAN class=t][SPAN class=t]
[H2][FONT face=Times New Roman size=3]United Sharply Reduces Many of Its Unrestricted Fares[/FONT][/H2]
[P][FONT face=Times New Roman size=3]NEW YORK (New York Times) - United Airlines said yesterday that it had cut unrestricted fares on direct flights out of Chicago and Denver and on thousands of connecting flights in smaller markets.[/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.nytimes.com/2003/01/07/business/07AIR.html?ex=1042606800&en=6e553d97223b207c&ei=5040&partner=MOREOVER][FONT face=Times New Roman size=3]http://www.nytimes.com/2003/01/07/business/07AIR.html?ex=1042606800&en=6e553d97223b207c&ei=5040&partner=MOREOVER[/FONT][/A][/P]
[P][FONT face=Times New Roman size=3][STRONG]UAL unveils more job cuts[/STRONG][/FONT][/P]
[P][FONT face=Times New Roman size=3]CHICAGO (TheDeal.com) - UAL Inc.'s latest announcement on job cuts and cost reductions is likely to require further talks with its unions. [/FONT][/P]
[P][FONT face=Times New Roman size=3][/FONT][/P]
[P][FONT face=Times New Roman size=3]The parent of the world's second-largest airline has announced furloughs of 1,500 workers, including management and salaried employees, and the shutdown of 32 ticket offices in urban areas to take effect by Jan. 19. [/FONT][/P]
[P][FONT face=Times New Roman size=3]The cuts are needed to stay in line with financial covenants of UAL's debtor-in-possession loan and to turn the airline into a more efficient company, UAL has said. [/FONT][/P]
[P][FONT face=Times New Roman size=3]The Elk Grove, Ill.-based parent of United Airlines didn't disclose how much it would save from the furloughs and ticket office closures, or whether the holding company will need the approval of the U.S. Bankruptcy Court for the Northern District of Illinois in Chicago to carry out the moves. Officials at UAL did not return calls Monday, Jan. 6. [/FONT][/P]
[P][FONT face=Times New Roman size=3]UAL will probably have to negotiate any layoffs that would affect union workers over the next few months. [/FONT][/P]
[P][FONT face=Times New Roman size=3]UAL and two of its major unions, the Airline Pilots Association and the Association of Flight Attendants, have thus far agreed to reach a final pact on changes in work rules by March. Layoffs will likely be a part of these talks on work rule changes, said William Rochelle, partner at Fulbright & Jaworski LLP who was worked on several corporate bankruptcies. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Meanwhile, UAL's biggest cost cutting measure so far, a tentative agreement to cut wages, is awaiting a vote by the unions representing pilots and flight attendants as well as a bankruptcy court decision due Friday. [/FONT][/P]
[P][FONT face=Times New Roman size=3]ALPA is set to announce Tuesday, Jan. 7, the results of a vote to slash wages by 29%, said Dave Kelley, spokesman for United's ALPA division. [/FONT][/P]
[P][FONT face=Times New Roman size=3]The International Association of Machinists, which represents 37,000 UAL mechanics and groundworkers, has balked at any wage cuts. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Because of this, UAL has asked Judge Eugene Wedoff of the Chicago bankruptcy court to terminate their collective bargaining agreement under Section 1113 of the Chapter 11 code. [/FONT][/P]
[P][FONT face=Times New Roman size=3]This provision of the U.S. Bankruptcy Code allows airlines to cancel labor agreements with unions and impose wage cuts if approved by a U.S. bankruptcy court judge. [/FONT][/P]
[DIV class=articleheadline][FONT face=Times New Roman size=3][STRONG]What is UAL's survival plan?[/STRONG][/FONT][/DIV]
[DIV class=articleheadline][FONT face=Times New Roman size=3][/FONT] [/DIV]
[DIV class=articleheadline][FONT face=Times New Roman size=3]CHICAGO (Crains' Business News) - When UAL Corp. appears before U.S. Bankruptcy Court Chief Judge Eugene Wedoff in Chicago next week, the airline company will have to present a solid business plan and establish financial credibility as it attempts to reorganize. [/FONT]
[P][FONT face=Times New Roman size=3]UAL’s United Airlines—the world’s second-largest air carrier—has struggled for a year with little success to convince lenders, its unions and the federal airline bailout authority that it has a viable plan for survival.[/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.chicagobusiness.com/cgi-bin/news.pl?id=7546][FONT face=Times New Roman size=3]http://www.chicagobusiness.com/cgi-bin/news.pl?id=7546[/FONT][/A][/P]
[P][FONT face=Times New Roman][FONT size=3][STRONG]Chip comments:[/STRONG] Provided US and its remaining unions ratify their TA's, this article presents a strong argument on why I believe an interesting corporate transaction between UAL & US Airways may be the Chicago-based airline's best chance at avoiding liquidation.[/FONT][/FONT][/P]
[P][SPAN class=t][STRONG][FONT face=Times New Roman size=3]United Pilots Approve 29-Pct. Interim Cut[/FONT][/STRONG][/SPAN][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]CHICAGO (Reuters) - Pilots at UAL Corp.'s United Airlines said on Tuesday they approved temporary wage cuts of 29 percent to help the bankrupt carrier meet the terms of its financing agreements.[/FONT][/SPAN][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/rb/030107/airlines_united_pilots_4.html][FONT face=Times New Roman color=#0000ff size=3]http://biz.yahoo.com/rb/030107/airlines_united_pilots_4.html[/FONT][/A][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3][STRONG]Statement by UAL-MEC Chairman Captain Paul Whiteford in Reaction to United's Pilots' Ratification of the Interim Agreement with United Airlines[/STRONG][/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]ROSEMONT (Business Wire) - The following is a statement by UAL-MEC Chairman Captain Paul Whiteford in reaction to United's pilots' ratification of the Interim Agreement with United Airlines:[/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/bw/030107/72556_1.html][FONT face=Times New Roman color=#0000ff size=3]http://biz.yahoo.com/bw/030107/72556_1.html[/FONT][/A][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][SPAN class=t][STRONG][FONT face=Times New Roman size=3]United Airlines Comments on the Ratifications of Interim Wage Reductions By Three Unions[/FONT][/STRONG][/SPAN][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]CHICAGO (PRNewswire-FirstCall- UAL Corp. (NYSE: [/FONT][A target=_blank href=http://finance.yahoo.com/q?s=ual&d=t][FONT face=Times New Roman size=3]UAL[/FONT][/A][FONT face=Times New Roman size=3] - [/FONT][A target=_blank href=http://biz.yahoo.com/n/u/ual.html][FONT face=Times New Roman size=3]News[/FONT][/A][FONT face=Times New Roman size=3]), the parent company of United Airlines, commented today on the ratification of an agreement on interim wage reductions by the Air Line Pilots Association (ALPA), the union representing United's pilots, the Transport Workers Union (TWU), representing United's meteorologists, and the Professional Airline Flight Control Association (PAFCA), representing United's dispatchers.[/FONT][/SPAN][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][SPAN class=t][/SPAN][/SPAN][/SPAN][FONT face=Times New Roman size=3][SPAN class=t][STRONG]Delta's Atlantic Southeast Air Dec Traffic Rose 45.1%[/STRONG][/SPAN][/FONT][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]ATLANTA (Dow Jones) - Delta Air Lines Inc.'s Atlantic Southeast Airlines' December traffic grew 45.1% to 313.3 million revenue passenger miles from 215.9 million a year earlier. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Atlantic Southeast's traffic rose 79.1% from December 2000 traffic of 170.8 million revenue passenger miles, which is a more comparable figure because airlines weren't affected by the Sept. 11 terrorist attacks.[/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/djus/030107/1405000494_1.html][FONT face=Times New Roman color=#0000ff size=3]http://biz.yahoo.com/djus/030107/1405000494_1.html[/FONT][/A][/P]
[P][/SPAN][/SPAN][/SPAN][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3][STRONG]Northwest Airlines retires Boeing 727 from its fleet[/STRONG][/FONT][/P][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][FONT face=Times New Roman size=3]ST. PAUL (Star Tribune) - The Boeing 727 airplane will become part of Northwest Airlines history today[!--cq--] when the carrier flies its last commercial 727 flight from Denver to the Twin Cities.[/FONT][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.startribune.com/stories/535/3575719.html][FONT face=Times New Roman size=3]http://www.startribune.com/stories/535/3575719.html[/FONT][/A][FONT face=Times New Roman size=3] [/FONT][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][SPAN class=textheadings][STRONG][FONT face=Times New Roman size=3]US Airways Extends Five Shuttle Reliability Guarantees And Triple Win Offer for Frequent Flyers[/FONT][/STRONG][/SPAN][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][SPAN class=textheadings][FONT face=Times New Roman size=3]ARLINGTON (PRNewswire-FirstCall) - US Airways announced today that it will continue its industry-leading reliability guarantees for Shuttle customers through March 31, 2003. In addition, United Mileage Plus and US Airways Dividend Miles members who fly US Airways Shuttle may earn triple miles in both programs simultaneously through March 31, 2003.[/FONT][/SPAN][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][SPAN class=textheadings][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-06-2003/0001866530&EDATE][FONT face=Times New Roman size=3]http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-06-2003/0001866530&EDATE[/FONT][/A][FONT face=Times New Roman size=3]= [/FONT][/SPAN][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][SPAN class=textheadings][FONT face=Times New Roman size=3][SPAN][STRONG]Investor eyes routes to Cuba for US Airways - Airline's hopes rest on easing of U.S. embargo on flights to country[/STRONG][/SPAN][/FONT][/SPAN][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][SPAN class=textheadings][SPAN][SPAN class=body-content][FONT face=Times New Roman size=3]CHARLOTTE (Charlotte Observer) - US Airways' biggest investor wants to go to Cuba next month to talk about airline service -- which could lead one day to Charlotte-Havana service.[/FONT][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px]
[P][FONT face=Times New Roman size=3]David Bronner says he may meet with Cuban President Fidel Castro next month as part of a trade delegation from Mobile, Ala., to Cuba.[/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.charlotte.com/mld/charlotte/business/4889082.htm][FONT face=Times New Roman size=3]http://www.charlotte.com/mld/charlotte/business/4889082.htm[/FONT][/A][/P]
[P][SPAN class=t][STRONG][FONT face=Times New Roman size=3]US Air investor eyes Cuba as destination-report[/FONT][/STRONG][/SPAN][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]NEW YORK (Reuters) - One of US Airways Group's prospective flight destinations could stir up a wealth of ticket sales -- and a bit of controversy -- if the bankrupt airline's biggest investor has his way.[/FONT][/SPAN][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/rf/030107/airlines_usairways_cuba_1.html][FONT face=Times New Roman color=#0000ff size=3]http://biz.yahoo.com/rf/030107/airlines_usairways_cuba_1.html[/FONT][/A][/SPAN][/P]
[P][SPAN class=t][/SPAN][/SPAN][/SPAN][/SPAN][/SPAN][/SPAN][SPAN class=t][FONT face=Times New Roman size=3][STRONG]AirTran Airways Enhances Pittsburgh-Orlando Service[/STRONG][/FONT][/SPAN][/P][/DIV]
[P][SPAN class=t][FONT face=Times New Roman size=3]ORLANDO (Business Wire) - AirTran Airways, a subsidiary of AirTran Holdings, Inc. today launched a daily nonstop flight between Pittsburgh International Airport (PIT) and Orlando International Airport (MCO). The new service will feature all new Boeing 717 jet aircraft and tickets are now available for purchase.[/FONT][/SPAN][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/bw/030107/70008_1.html][FONT face=Times New Roman size=3]http://biz.yahoo.com/bw/030107/70008_1.html[/FONT][/A][FONT face=Times New Roman size=3] [/FONT][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3][STRONG]Mesa Air Group December 2002 Traffic Increases 46.2% Year-Over-Year[/STRONG][/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]PHOENIX (PRNewswire-FirstCall) - Mesa Air Group, Inc. reported its preliminary traffic figures, on-time performance, and completion rate figures for December 2002. Year- over-year revenue passenger miles increased 46.2% in December 2002 to 204.9 million, compared to 140.1 million in December 2001. Total available seat miles increased 24.5% in December 2002 to 322.7 million from 259.3 million in December 2001 and passengers carried increased 27.0% to 483,993 from 381,122 a year ago. Load factor increased to 63.5% in December 2002 versus 54.1% in December 2001, an increase of 9.4 points. Mesa's controllable completion rate, which excludes weather-related cancellations, was 98.1% in December. Mesa Air Group's on-time arrival performance for the month of December was 76.4%. In November 2002, the most recent month with data available for comparative purposes, Mesa's on-time arrival performance was 81.3%, which would have ranked it eighth when compared to the top 10 reporting carriers.[/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/prnews/030107/latu023_1.html][FONT face=Times New Roman size=3]http://biz.yahoo.com/prnews/030107/latu023_1.html[/FONT][/A][/SPAN][/SPAN][/P][SPAN class=t][SPAN class=t]
[DIV class=headlinestory][FONT face=Times New Roman][FONT size=3]BA says business remains 'challenging'[BR][/FONT][/FONT][/DIV]
[P][/SPAN][/SPAN][FONT face=Times New Roman size=3]LONDON (BBC News) - British Airways has warned that trading conditions remain difficult and repeated that its full-year revenue will be lower. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://news.bbc.co.uk/1/hi/business/2632867.stm][FONT face=Times New Roman size=3]http://news.bbc.co.uk/1/hi/business/2632867.stm[/FONT][/A][/P]
[P][FONT face=Times New Roman size=3][STRONG]US Airways Tidbits[/STRONG][/FONT][/P]
[P][FONT face=Times New Roman size=3][STRONG]Celebration in CLT[/STRONG][/FONT][/P]
[P][FONT face=Times New Roman size=3]ARLINGTON (theHub.com) - [/FONT][FONT color=#000000][FONT face=Times New Roman size=3]US Airways hosted a marketing alliance press announcement this morning at Charlotte Douglas International Airport to celebrate the next phase of our code-share agreement with United. President and CEO Dave Siegel spoke to some top clients at a pre-ceremony breakfast where customers and travel agents were given the opportunity to ask questions about the announcement. Following the breakfast, Bruce Ashby, senior vice president corporate development, spoke as did Chris Bowers, United senior vice president of sales and reservations. In attendance were Charlotte Mayor Pat McCory and Charlotte Aviation Director Jerry Orr. In his speech, Ashby unveiled that, beginning April 1, US Airways and United customers will be able to begin redeeming Dividend Miles and Mileage Plus miles on either carrier.[BR][BR]US Airways flight 121 (United flight 2010) marked the first US Airways codeshare flight and departed ontime for Denver. The event was covered by local media. A celebratory event hosted by United is scheduled to take place in Chicago later today to mark the first United/US Airways codeshare segment. With the agreement, customers can now make travel arrangements for flights from a US Airways point of origination to a United Airlines destination with one reservation. [BR][BR]Through code-sharing, both the “US†and “UA†designators will appear on 192 daily flights, which are just the first of over 3,000 code-share flights being planned in the first half of this year. A later phase of the agreement also includes provisions for US Airways to join United in the Star Alliance, which will further strengthen US Airways’ domestic and international route network, allowing our customers greater access to the global marketplace.[/FONT][/FONT][/P]
[P][FONT face=Times New Roman size=3]WASHINGTON (Bloomberg) -- The following table details the percentage of flights arriving on time by the largest U.S. carriers. These 10 airlines account for more than 90 percent of total domestic operating revenue. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [A target=_blank href=http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnews.ht&s=APhsJ3BSyVS5TLiBB][FONT color=#0000ff]http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnews.ht&s=APhsJ3BSyVS5TLiBB[/FONT][/A][/FONT][/P]
[P][/FONT][/SPAN][/SPAN][SPAN class=t][SPAN class=t][FONT face=Times New Roman color=#000000 size=3][STRONG]America's best and worst airports[/STRONG][/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman][FONT size=3]SEATTLE (bcentral.com) - [SPAN class=msnBody1]San Jose offers no restrooms past security, Miami has 24/7 traffic jams. But New York's three airports are the worst.[/SPAN][/FONT][/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][SPAN class=msnBody1][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.bcentral.com/articles/special/airport.asp][FONT face=Times New Roman size=3]http://www.bcentral.com/articles/special/airport.asp[/FONT][/A][/SPAN][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][SPAN class=msnBody1][STRONG][FONT face=Times New Roman size=3]United, US Airways start sharing fliers[/FONT][/STRONG][/SPAN][/SPAN][/SPAN][/P][SPAN class=t][SPAN class=t][SPAN class=msnBody1]
[P class=inside-copy][FONT face=Times New Roman size=3]United Airlines and US Airways today begin sharing fliers on 192 daily flights in a bid to lure passengers from competitors and raise needed revenue.[/FONT][/P]
[P class=inside-copy][FONT face=Times New Roman size=3]The carriers, which tried to merge two years ago, are the only major airlines operating under bankruptcy court protection from creditors.[/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.usatoday.com/travel/news/2003/2003-01-07-alliance.htm][FONT face=Times New Roman size=3]http://www.usatoday.com/travel/news/2003/2003-01-07-alliance.htm[/FONT][/A][FONT face=Times New Roman size=3] [/FONT][/SPAN][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3][STRONG]United and US Airways Continue to Enhance Marketing Agreement[/STRONG][/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]CHICAGO (PRNewswire-FirstCall) - United and US Airways began the next phase of their marketing partnership with code-share flights available for travel beginning today.[/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/prnews/030107/cgtu042_1.html][FONT face=Times New Roman size=3]http://biz.yahoo.com/prnews/030107/cgtu042_1.html[/FONT][/A][/SPAN][/SPAN][/P][SPAN class=t][SPAN class=t]
[H2][FONT face=Times New Roman size=3]United Sharply Reduces Many of Its Unrestricted Fares[/FONT][/H2]
[P][FONT face=Times New Roman size=3]NEW YORK (New York Times) - United Airlines said yesterday that it had cut unrestricted fares on direct flights out of Chicago and Denver and on thousands of connecting flights in smaller markets.[/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.nytimes.com/2003/01/07/business/07AIR.html?ex=1042606800&en=6e553d97223b207c&ei=5040&partner=MOREOVER][FONT face=Times New Roman size=3]http://www.nytimes.com/2003/01/07/business/07AIR.html?ex=1042606800&en=6e553d97223b207c&ei=5040&partner=MOREOVER[/FONT][/A][/P]
[P][FONT face=Times New Roman size=3][STRONG]UAL unveils more job cuts[/STRONG][/FONT][/P]
[P][FONT face=Times New Roman size=3]CHICAGO (TheDeal.com) - UAL Inc.'s latest announcement on job cuts and cost reductions is likely to require further talks with its unions. [/FONT][/P]
[P][FONT face=Times New Roman size=3][/FONT][/P]
[P][FONT face=Times New Roman size=3]The parent of the world's second-largest airline has announced furloughs of 1,500 workers, including management and salaried employees, and the shutdown of 32 ticket offices in urban areas to take effect by Jan. 19. [/FONT][/P]
[P][FONT face=Times New Roman size=3]The cuts are needed to stay in line with financial covenants of UAL's debtor-in-possession loan and to turn the airline into a more efficient company, UAL has said. [/FONT][/P]
[P][FONT face=Times New Roman size=3]The Elk Grove, Ill.-based parent of United Airlines didn't disclose how much it would save from the furloughs and ticket office closures, or whether the holding company will need the approval of the U.S. Bankruptcy Court for the Northern District of Illinois in Chicago to carry out the moves. Officials at UAL did not return calls Monday, Jan. 6. [/FONT][/P]
[P][FONT face=Times New Roman size=3]UAL will probably have to negotiate any layoffs that would affect union workers over the next few months. [/FONT][/P]
[P][FONT face=Times New Roman size=3]UAL and two of its major unions, the Airline Pilots Association and the Association of Flight Attendants, have thus far agreed to reach a final pact on changes in work rules by March. Layoffs will likely be a part of these talks on work rule changes, said William Rochelle, partner at Fulbright & Jaworski LLP who was worked on several corporate bankruptcies. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Meanwhile, UAL's biggest cost cutting measure so far, a tentative agreement to cut wages, is awaiting a vote by the unions representing pilots and flight attendants as well as a bankruptcy court decision due Friday. [/FONT][/P]
[P][FONT face=Times New Roman size=3]ALPA is set to announce Tuesday, Jan. 7, the results of a vote to slash wages by 29%, said Dave Kelley, spokesman for United's ALPA division. [/FONT][/P]
[P][FONT face=Times New Roman size=3]The International Association of Machinists, which represents 37,000 UAL mechanics and groundworkers, has balked at any wage cuts. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Because of this, UAL has asked Judge Eugene Wedoff of the Chicago bankruptcy court to terminate their collective bargaining agreement under Section 1113 of the Chapter 11 code. [/FONT][/P]
[P][FONT face=Times New Roman size=3]This provision of the U.S. Bankruptcy Code allows airlines to cancel labor agreements with unions and impose wage cuts if approved by a U.S. bankruptcy court judge. [/FONT][/P]
[DIV class=articleheadline][FONT face=Times New Roman size=3][STRONG]What is UAL's survival plan?[/STRONG][/FONT][/DIV]
[DIV class=articleheadline][FONT face=Times New Roman size=3][/FONT] [/DIV]
[DIV class=articleheadline][FONT face=Times New Roman size=3]CHICAGO (Crains' Business News) - When UAL Corp. appears before U.S. Bankruptcy Court Chief Judge Eugene Wedoff in Chicago next week, the airline company will have to present a solid business plan and establish financial credibility as it attempts to reorganize. [/FONT]
[P][FONT face=Times New Roman size=3]UAL’s United Airlines—the world’s second-largest air carrier—has struggled for a year with little success to convince lenders, its unions and the federal airline bailout authority that it has a viable plan for survival.[/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.chicagobusiness.com/cgi-bin/news.pl?id=7546][FONT face=Times New Roman size=3]http://www.chicagobusiness.com/cgi-bin/news.pl?id=7546[/FONT][/A][/P]
[P][FONT face=Times New Roman][FONT size=3][STRONG]Chip comments:[/STRONG] Provided US and its remaining unions ratify their TA's, this article presents a strong argument on why I believe an interesting corporate transaction between UAL & US Airways may be the Chicago-based airline's best chance at avoiding liquidation.[/FONT][/FONT][/P]
[P][SPAN class=t][STRONG][FONT face=Times New Roman size=3]United Pilots Approve 29-Pct. Interim Cut[/FONT][/STRONG][/SPAN][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]CHICAGO (Reuters) - Pilots at UAL Corp.'s United Airlines said on Tuesday they approved temporary wage cuts of 29 percent to help the bankrupt carrier meet the terms of its financing agreements.[/FONT][/SPAN][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/rb/030107/airlines_united_pilots_4.html][FONT face=Times New Roman color=#0000ff size=3]http://biz.yahoo.com/rb/030107/airlines_united_pilots_4.html[/FONT][/A][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3][STRONG]Statement by UAL-MEC Chairman Captain Paul Whiteford in Reaction to United's Pilots' Ratification of the Interim Agreement with United Airlines[/STRONG][/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]ROSEMONT (Business Wire) - The following is a statement by UAL-MEC Chairman Captain Paul Whiteford in reaction to United's pilots' ratification of the Interim Agreement with United Airlines:[/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/bw/030107/72556_1.html][FONT face=Times New Roman color=#0000ff size=3]http://biz.yahoo.com/bw/030107/72556_1.html[/FONT][/A][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][SPAN class=t][STRONG][FONT face=Times New Roman size=3]United Airlines Comments on the Ratifications of Interim Wage Reductions By Three Unions[/FONT][/STRONG][/SPAN][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]CHICAGO (PRNewswire-FirstCall- UAL Corp. (NYSE: [/FONT][A target=_blank href=http://finance.yahoo.com/q?s=ual&d=t][FONT face=Times New Roman size=3]UAL[/FONT][/A][FONT face=Times New Roman size=3] - [/FONT][A target=_blank href=http://biz.yahoo.com/n/u/ual.html][FONT face=Times New Roman size=3]News[/FONT][/A][FONT face=Times New Roman size=3]), the parent company of United Airlines, commented today on the ratification of an agreement on interim wage reductions by the Air Line Pilots Association (ALPA), the union representing United's pilots, the Transport Workers Union (TWU), representing United's meteorologists, and the Professional Airline Flight Control Association (PAFCA), representing United's dispatchers.[/FONT][/SPAN][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][SPAN class=t][/SPAN][/SPAN][/SPAN][FONT face=Times New Roman size=3][SPAN class=t][STRONG]Delta's Atlantic Southeast Air Dec Traffic Rose 45.1%[/STRONG][/SPAN][/FONT][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]ATLANTA (Dow Jones) - Delta Air Lines Inc.'s Atlantic Southeast Airlines' December traffic grew 45.1% to 313.3 million revenue passenger miles from 215.9 million a year earlier. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Atlantic Southeast's traffic rose 79.1% from December 2000 traffic of 170.8 million revenue passenger miles, which is a more comparable figure because airlines weren't affected by the Sept. 11 terrorist attacks.[/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/djus/030107/1405000494_1.html][FONT face=Times New Roman color=#0000ff size=3]http://biz.yahoo.com/djus/030107/1405000494_1.html[/FONT][/A][/P]
[P][/SPAN][/SPAN][/SPAN][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3][STRONG]Northwest Airlines retires Boeing 727 from its fleet[/STRONG][/FONT][/P][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][FONT face=Times New Roman size=3]ST. PAUL (Star Tribune) - The Boeing 727 airplane will become part of Northwest Airlines history today[!--cq--] when the carrier flies its last commercial 727 flight from Denver to the Twin Cities.[/FONT][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.startribune.com/stories/535/3575719.html][FONT face=Times New Roman size=3]http://www.startribune.com/stories/535/3575719.html[/FONT][/A][FONT face=Times New Roman size=3] [/FONT][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][SPAN class=textheadings][STRONG][FONT face=Times New Roman size=3]US Airways Extends Five Shuttle Reliability Guarantees And Triple Win Offer for Frequent Flyers[/FONT][/STRONG][/SPAN][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][SPAN class=textheadings][FONT face=Times New Roman size=3]ARLINGTON (PRNewswire-FirstCall) - US Airways announced today that it will continue its industry-leading reliability guarantees for Shuttle customers through March 31, 2003. In addition, United Mileage Plus and US Airways Dividend Miles members who fly US Airways Shuttle may earn triple miles in both programs simultaneously through March 31, 2003.[/FONT][/SPAN][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][SPAN class=textheadings][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-06-2003/0001866530&EDATE][FONT face=Times New Roman size=3]http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-06-2003/0001866530&EDATE[/FONT][/A][FONT face=Times New Roman size=3]= [/FONT][/SPAN][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][SPAN class=textheadings][FONT face=Times New Roman size=3][SPAN][STRONG]Investor eyes routes to Cuba for US Airways - Airline's hopes rest on easing of U.S. embargo on flights to country[/STRONG][/SPAN][/FONT][/SPAN][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px][SPAN class=textheadings][SPAN][SPAN class=body-content][FONT face=Times New Roman size=3]CHARLOTTE (Charlotte Observer) - US Airways' biggest investor wants to go to Cuba next month to talk about airline service -- which could lead one day to Charlotte-Havana service.[/FONT][/DIV]
[DIV class=mainhead style=MARGIN-TOP: 9px]
[P][FONT face=Times New Roman size=3]David Bronner says he may meet with Cuban President Fidel Castro next month as part of a trade delegation from Mobile, Ala., to Cuba.[/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://www.charlotte.com/mld/charlotte/business/4889082.htm][FONT face=Times New Roman size=3]http://www.charlotte.com/mld/charlotte/business/4889082.htm[/FONT][/A][/P]
[P][SPAN class=t][STRONG][FONT face=Times New Roman size=3]US Air investor eyes Cuba as destination-report[/FONT][/STRONG][/SPAN][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]NEW YORK (Reuters) - One of US Airways Group's prospective flight destinations could stir up a wealth of ticket sales -- and a bit of controversy -- if the bankrupt airline's biggest investor has his way.[/FONT][/SPAN][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/rf/030107/airlines_usairways_cuba_1.html][FONT face=Times New Roman color=#0000ff size=3]http://biz.yahoo.com/rf/030107/airlines_usairways_cuba_1.html[/FONT][/A][/SPAN][/P]
[P][SPAN class=t][/SPAN][/SPAN][/SPAN][/SPAN][/SPAN][/SPAN][SPAN class=t][FONT face=Times New Roman size=3][STRONG]AirTran Airways Enhances Pittsburgh-Orlando Service[/STRONG][/FONT][/SPAN][/P][/DIV]
[P][SPAN class=t][FONT face=Times New Roman size=3]ORLANDO (Business Wire) - AirTran Airways, a subsidiary of AirTran Holdings, Inc. today launched a daily nonstop flight between Pittsburgh International Airport (PIT) and Orlando International Airport (MCO). The new service will feature all new Boeing 717 jet aircraft and tickets are now available for purchase.[/FONT][/SPAN][/P]
[P][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/bw/030107/70008_1.html][FONT face=Times New Roman size=3]http://biz.yahoo.com/bw/030107/70008_1.html[/FONT][/A][FONT face=Times New Roman size=3] [/FONT][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3][STRONG]Mesa Air Group December 2002 Traffic Increases 46.2% Year-Over-Year[/STRONG][/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]PHOENIX (PRNewswire-FirstCall) - Mesa Air Group, Inc. reported its preliminary traffic figures, on-time performance, and completion rate figures for December 2002. Year- over-year revenue passenger miles increased 46.2% in December 2002 to 204.9 million, compared to 140.1 million in December 2001. Total available seat miles increased 24.5% in December 2002 to 322.7 million from 259.3 million in December 2001 and passengers carried increased 27.0% to 483,993 from 381,122 a year ago. Load factor increased to 63.5% in December 2002 versus 54.1% in December 2001, an increase of 9.4 points. Mesa's controllable completion rate, which excludes weather-related cancellations, was 98.1% in December. Mesa Air Group's on-time arrival performance for the month of December was 76.4%. In November 2002, the most recent month with data available for comparative purposes, Mesa's on-time arrival performance was 81.3%, which would have ranked it eighth when compared to the top 10 reporting carriers.[/FONT][/SPAN][/SPAN][/P]
[P][SPAN class=t][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://biz.yahoo.com/prnews/030107/latu023_1.html][FONT face=Times New Roman size=3]http://biz.yahoo.com/prnews/030107/latu023_1.html[/FONT][/A][/SPAN][/SPAN][/P][SPAN class=t][SPAN class=t]
[DIV class=headlinestory][FONT face=Times New Roman][FONT size=3]BA says business remains 'challenging'[BR][/FONT][/FONT][/DIV]
[P][/SPAN][/SPAN][FONT face=Times New Roman size=3]LONDON (BBC News) - British Airways has warned that trading conditions remain difficult and repeated that its full-year revenue will be lower. [/FONT][/P]
[P][FONT face=Times New Roman size=3]Complete Story: [/FONT][A target=_blank href=http://news.bbc.co.uk/1/hi/business/2632867.stm][FONT face=Times New Roman size=3]http://news.bbc.co.uk/1/hi/business/2632867.stm[/FONT][/A][/P]
[P][FONT face=Times New Roman size=3][STRONG]US Airways Tidbits[/STRONG][/FONT][/P]
[P][FONT face=Times New Roman size=3][STRONG]Celebration in CLT[/STRONG][/FONT][/P]
[P][FONT face=Times New Roman size=3]ARLINGTON (theHub.com) - [/FONT][FONT color=#000000][FONT face=Times New Roman size=3]US Airways hosted a marketing alliance press announcement this morning at Charlotte Douglas International Airport to celebrate the next phase of our code-share agreement with United. President and CEO Dave Siegel spoke to some top clients at a pre-ceremony breakfast where customers and travel agents were given the opportunity to ask questions about the announcement. Following the breakfast, Bruce Ashby, senior vice president corporate development, spoke as did Chris Bowers, United senior vice president of sales and reservations. In attendance were Charlotte Mayor Pat McCory and Charlotte Aviation Director Jerry Orr. In his speech, Ashby unveiled that, beginning April 1, US Airways and United customers will be able to begin redeeming Dividend Miles and Mileage Plus miles on either carrier.[BR][BR]US Airways flight 121 (United flight 2010) marked the first US Airways codeshare flight and departed ontime for Denver. The event was covered by local media. A celebratory event hosted by United is scheduled to take place in Chicago later today to mark the first United/US Airways codeshare segment. With the agreement, customers can now make travel arrangements for flights from a US Airways point of origination to a United Airlines destination with one reservation. [BR][BR]Through code-sharing, both the “US†and “UA†designators will appear on 192 daily flights, which are just the first of over 3,000 code-share flights being planned in the first half of this year. A later phase of the agreement also includes provisions for US Airways to join United in the Star Alliance, which will further strengthen US Airways’ domestic and international route network, allowing our customers greater access to the global marketplace.[/FONT][/FONT][/P]