UNITED AIRLINES

United Airlines said on Friday that parent UAL Corp will pay shareholders $2.15 per share in a special payout totaling $250 million, marking a rare move by an airline to reward investors.

Consolidation for the U.S. Airline Industry should happen before the end of the Bush administration, UAL Corp's CFO says.

Hedge fund Pardus Capital Management LP, lobbying for a merger between Delta Air Lines Inc and UAL Corp, plans to pitch its proposal to other investors on Friday, sources close to the situation told Reuters.

Hedge fund Pardus Capital Management LP, lobbying for a merger between Delta Air Lines Inc and UAL Corp, plans to pitch its proposal to other investors on Friday, sources close to the situation told Reuters.

United Airline announced on Tuesday its plans to start daily nonstop flights from San Francisco to Guangzhou, China.

Boeing Co on Wednesday pushed back first deliveries of its 787 Dreamliner by at least six months as it struggles to assemble the new lightweight, carbon-composite plane. The delay is an embarrassing setback for Boeing, which has for months insisted it would meet its delivery timetable, and mirrors delays suffered by rival Airbus on its A380 superjumbo.

Plane maker Boeing Co said on Monday it still expected to deliver its first lightweight 787 Dreamliner aircraft on time by May 2008, despite delays to its test flight schedule.

The upstart airline has halved ticket prices on some routes and could impact rivals' profits.

Boeing Co said on Tuesday that China will require 3,400 new airplanes worth about $340 billion over the next 20 years, raising its forecast for the country's booming aviation arena.

Hotels and airlines are bracing for softer demand as the economy shows signs of slowing, but the pain may not hit the travel industry for months.

UAL Corp., parent of No. 2 U.S. carrier United Airlines, on Tuesday said its quarterly profit more than doubled as it controlled costs during the strong summer travel season.

UAL Corp's United Airlines will ramp up its efforts to lure well-heeled business travelers by adding fully reclining seats to its international business-class cabins, the company said on Monday.

September 11 victims who sued airlines and their security contractors will have their cases heard for the first time almost six years after the hijacked plane attacks on the United States, a federal judge has ruled.

Airline unions, still nursing wounds after a bruising six-year clash with cash-strapped carriers, are getting ready to reclaim lost wages and benefits for workers, as well as some lost clout for themselves.

As frustrated as travelers may be with crowded planes and delayed flights, these are the realities of the leaner U.S. airline industry as it claws its way back to profitability after a brutal years-long slump.

U.S. airlines shares rallied on Tuesday, a day after United Airlines gave a positive revenue outlook for the second quarter.

UAL Corp., parent of United Airlines, would like to find a merger partner with a Southern tier hub and a strong presence in the Northeast, the carrier's chief financial officer said on Wednesday.

Former US trade representatives have urged the Department of Transportation to accept United Airlines' proposal to connect Washington D.C. and Beijing through direct commercial flights for the first time.

American Airlines was flying high in 2001. Its parent company had averaged $1 billion in annual profit for four years, it had just scooped up iconic TWA to become the world's largest airline, and its stock price was at an all-time high.American Airlines was flying high in 2001. Its parent company had averaged $1 billion in annual profit for four years, it had just scooped up iconic TWA to become the world's largest airline, and its stock price was at an all-time high.

United Airlines' parent, UAL Corp., four months out of bankruptcy, must hone its focus on additional cost cuts or risk losing its advantage over airlines currently restructuring under court protection, industry experts say.