Independence Air Makes Bid to Rejoin United
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Six months after Independence Air stopped flying as a regional carrier for United Airlines and began flying on its own, it is seeking to return to the company it left.
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United Airlines and Continental Airlines have been holding talks on a potential merger, people involved in the negotiations said.
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United Airlines has begun approaching potential lenders with its revamped business plan for financing to leave bankruptcy, the company said on Friday.
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UAL Corp.'s  United Airlines and Continental Airlines  have held preliminary talks about a potential merger as consolidation in the airline industry heats up, a source familiar with the situation said on Wednesday.
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WASHINGTON : Bankrupt United Airlines has agreed to appoint an independent party to manage its employee pension funds prior to September 15 in an agreement with the US Labor Department.
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Ryan Giggs leads the Wales squad off the diverted plane A Boeing 737 taking the Wales football squad from Cardiff to Prague has made an emergency landing in Bournemouth after the windscreen cracked.
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McLEAN, Va. An independent low-fare carrier has been asked by bankrupt United Airlines to return as a feeder carrier. Virginia-based Independence Air has struggled since its launch six months ago.
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The airline considers the deal crucial to reducing its costs so it can emerge from bankruptcy as an independent carrier.
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United Airlines warned yesterday that it would need to cut a further $2 billion from its annual costs in an effort to return the airline to profitability and attract external financing to exit bankruptcy.
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US Airways hopes its other unions will follow with concessions so the company can emerge from bankruptcy. By Associated Press. ARLINGTON, Va.
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English football (soccer) team Manchester United says it has received a &quot;preliminary approach&quot; for a financial takeover of the club.
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United Airlines has begun reaching out  to potential lenders for financing to leave bankruptcy, the  company said on Friday.
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As part of its bid to emerge profitably from bankruptcy, United Airlines announced plans Wednesday to slash its domestic flight schedule, increase its more profitable international schedule and reduce the size of its fleet over the next six months.
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When US Airways made its unsolicited takeover bid for Delta Air Lines last month, it jolted the recovering airline industry and sparked talk about a wave of potential mergers.
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United Airlines is pushing for another $725 million in labor concessions and the elimination of employeesâ traditional pensions as it seeks the financing to come out of bankruptcy.
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Independence Air plans to raise fares from an average of $60 to the mid-$70s by this winter and to reduce flights even as it faces a $98 million payment due in January on the lease of its regional jets.
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CALGARY, Alberta  - ACE Aviation Holdings  has been approached by private equity players and pension funds about searching for ways for majority-owned Air Canada  to join the U.S. airline consolidation wave, ACE's chief executive said on Friday.