Regional airlines’ profits take off
As the nation's major air carriers struggle to become profitable, the regional carriers to whom they are feeding their least-profitable routes are posting the industry's best margins. Regional carriers such...
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Guarantee or not, United plans to exit bankruptcy
United Airlines said Friday that it will exit bankruptcy this year, even if it does not receive a crucial $1.6 billion federal loan guarantee. The airline believes it qualifies for...
Despite troubles, airline chiefs want aid to end
Airline executives painted a bleak picture of the industry to lawmakers on Thursday, saying high fuel prices and crushing competition are wreaking havoc on their recovery three years after the...
Tanker deal fuels critics of Boeing
After a tumultuous end to 2003, Boeing says its business is back on track and booming again. The Chicago-based aerospace manufacturer soared past Wall Street expectations late last month with...
Tanker deal fuels critics of Boeing
After a tumultuous end to 2003, Boeing says its business is back on track and booming again. The Chicago-based aerospace manufacturer soared past Wall Street expectations late last month with...
Creditors seek review of United board
United Airlines' unsecured creditors committee wants to hire a consulting firm to evaluate the company's board of directors. The request, revealed in a filing with the court overseeing United's bankruptcy,...
United boss taking on loan guarantee critics
Glenn Tilton is on the stump, trying to ensure that United Airlines receives a critical government loan guarantee that it was denied in late 2002. That denial helped send the...
United squeezes loss into millions
United Airlines followed other major U.S. carriers on Thursday in posting a first-quarter loss that was much improved from a year ago, when severe acute respiratory syndrome and the war...
Field’s remains mired in retail no man’s land
Jennifer Roberts was surprised the first time she saw bins jammed with marked-down merchandise at Marshall Field's. A costume designer for Steppenwolf Theatre Company, she knows Chicago's department stores well....
Retiree benefit cutbacks threaten United recovery
At the same time United Airlines is trumpeting to Wall Street that employee morale has never been better, workers say the move by management to curtail retiree benefits has ruined...