Viscount724 From Switzerland, joined Oct 2006, 21460 posts, RR: 24 Posted (4 months 2 weeks 3 days 20 hours ago) and read 4531 times:
If not mistaken, the former UA and CO are now one company, United Airlines, Inc. But UA is still a subsidiary of United Continental Holdings, Inc.
What's the purpose of the holding company when there's only one subsidiary? Or are there others? Can't see any reference to anything other than United Airlines on the UA/CO Holdings website. Wouldn't it be simpler to only have United Airlines, Inc. as the single corporate entity?
jetmatt777 From United States of America, joined Jun 2005, 2660 posts, RR: 37 Reply 1, posted (4 months 2 weeks 3 days 19 hours ago) and read 4511 times:
UA and CO are very much still separate airlines.
Labor groups are separate, payroll systems are separate, work rules are separate, accounting is separate.
There is one brand, United. But there are still two airlines working under that brand. s-CO and s-UA are both subsidiaries of UCH.
xjramper From United States of America, joined Dec 2003, 2345 posts, RR: 52 Reply 2, posted (4 months 2 weeks 3 days 19 hours ago) and read 4499 times:
IIRC, CO and CO Micronesia were two separate entities. I wonder if the Micronesia part is still separate from the US held part?
Braniff747SP From United States of America, joined Oct 2008, 2606 posts, RR: 1 Reply 3, posted (4 months 2 weeks 3 days 19 hours ago) and read 4438 times:
American is owned by AMR, the holding company which also owns Eagle. Before United Continental Holdings, United was owned by UAL Corporation. Obviously, there is some reason (tax?) that some airlines prefer to be subsidiaries of corporations rather than freestanding.
deltaffindfw From United States of America, joined Sep 2003, 1383 posts, RR: 1 Reply 5, posted (4 months 2 weeks 3 days 16 hours ago) and read 3983 times:
Quoting Braniff747SP (Reply 3): Obviously, there is some reason (tax?) that some airlines prefer to be subsidiaries of corporations rather than freestanding.
Many times it is because they have different operating units. For example, AMR Corp owns the two airlines, but they also have real estate companies, Admirals Club as a separate company, Texas Aero Engines among others. Also, airlines have different corporations in other countries. All airlines are set up the same way, even if they don't specifically call it a holding company. As an example, Delta Air Lines, Inc is a holding company for a bunch of subsidiaries including the actual airline itself.
COSPN From Northern Mariana Islands, joined Oct 2001, 1473 posts, RR: 0 Reply 6, posted (4 months 2 weeks 3 days 16 hours ago) and read 3950 times:
AirMic is still exists on Paper, so we have no mobility in the CO or US system.. the Airmic ground employees are working on a Joint contract with United, so hopefully we will become United Airlines Emps soon.. but its not done yet..we are still not allowed to transfer to the mainland 15 rampers are being furloughed to the street today {No Unemployment Insurance in Guam like in the USA } , and there are open positions at CO and UA. These are the worst days here in GUM, but hope for the future...
rising From United States of America, joined May 2010, 235 posts, RR: 1 Reply 7, posted (4 months 2 weeks 3 days 15 hours ago) and read 3856 times:
Interestingly, United Continental Holdings, Inc. is not a new company. It's UAL Corporation's new name. UCH uses UAL Corporation's charter. One would assume that one day when the airline is officially one from an administration standpoint, and they dissolve Continental Airlines, Inc., they would change their name back to UAL Corp or something similar.
As an aside, I think it's a company that has probably one of the most interesting, and checkered, histories in the travel industry. Founded in the 60's by George Keck, UAL Corporation, then known as UAL, Inc., at one time owned and operated Hertz, Hilton, and Westin, in addition to United Air Lines, Inc. I won't get into why that all didn't work out, but really United Continental Holdings, Inc. is a company with a pretty interesting past and really a name in the travel industry that has much more history than it sometimes get credit for.
I'm glad it lives on!
If it doesn't make sense, it's because it's not true.
Viscount724 From Switzerland, joined Oct 2006, 21460 posts, RR: 24 Reply 8, posted (4 months 2 weeks 3 days 15 hours ago) and read 3758 times:
Quoting rising (Reply 7): As an aside, I think it's a company that has probably one of the most interesting, and checkered, histories in the travel industry. Founded in the 60's by George Keck, UAL Corporation, then known as UAL, Inc., at one time owned and operated Hertz, Hilton, and Westin, in addition to United Air Lines, Inc.
etoile From United States of America, joined Jun 2009, 98 posts, RR: 0 Reply 9, posted (4 months 2 weeks 3 days 14 hours ago) and read 3619 times:
United Continental Holdings has about 30 subsidiaries, including Continental Airlines and United Air Lines. When subsidiaries of a parent have been operating as separate corporate entities (having been gathered together by M&A activity), it is often easier for the subsidiaries to continue separate operations, because the subsidiaries are the parties to contracts and licenses and it is expensive and inconvenient to transfer contracts and licenses. Also having a holding company makes it easier to structurally subordinate borrowings by the holding company, which facilitates having another discrete layer of debt in the overall corporate group.
cosyr From United States of America, joined Jul 2012, 200 posts, RR: 0 Reply 10, posted (4 months 2 weeks 3 days 1 hour ago) and read 2534 times:
This is not uncommon to most companies, not just airlines. Almost every Fortune 500 company has a parent company, and it has many benefits, one of which is the fact that the company you know (in this case United Airlines or Continental airlines) is rarely the only subsidiary. In this case, they own United Cargo, Chelsea Foods, etc.
jetmatt777 From United States of America, joined Jun 2005, 2660 posts, RR: 37 Reply 12, posted (4 months 2 weeks 2 days 20 hours ago) and read 1339 times:
Quoting PDPsol (Reply 11): Only for now. Operations have been coordinated and eventually merged. A combined pilot agreement was recently approved by union members:
It has only been over 2 years since the transaction closed, it will be some time until all operations are fully integrated.
Correct. But the poster was referencing the present tense not the future. Right now, they are still separate airlines operating under one brand (in most instances).
AirframeAS From United States of America, joined Feb 2004, 14150 posts, RR: 26 Reply 13, posted (4 months 2 weeks 2 days 20 hours ago) and read 1206 times:
Quoting jetmatt777 (Reply 1): UA and CO are very much still separate airlines.
It really depends on who you talk to. Most people I have talked to here in DEN says CO is dead.
A Safe Flight Begins With Quality Maintenance On The Ground.
jetmatt777 From United States of America, joined Jun 2005, 2660 posts, RR: 37 Reply 14, posted (4 months 2 weeks 2 days 20 hours ago) and read 1159 times:
Quoting AirframeAS (Reply 13): It really depends on who you talk to. Most people I have talked to here in DEN says CO is dead.
That's because that's a s-UA hub. Go to IAH and see how many say UA is dead.
AirframeAS From United States of America, joined Feb 2004, 14150 posts, RR: 26 Reply 15, posted (4 months 2 weeks 2 days 19 hours ago) and read 1106 times:
sccutler From United States of America, joined Jan 2000, 5088 posts, RR: 28 Reply 16, posted (4 months 2 weeks 2 days 19 hours ago) and read 1099 times:
I just enjoy calling it "Trans Texas Airways."
...three miles from BRONS, clear for the ILS one five approach...
gigneil From United States of America, joined Nov 2002, 16215 posts, RR: 88 Reply 17, posted (4 months 2 weeks 2 days 14 hours ago) and read 906 times:
Quoting AirframeAS (Reply 15): All I'm saying is it really depends on who you talk to.
That may be their feeling, but it is factually inaccurate. There are many organizational elements of both, separate, airlines that remain.
jetmatt777 From United States of America, joined Jun 2005, 2660 posts, RR: 37 Reply 18, posted (4 months 2 weeks 1 day 20 hours ago) and read 653 times:
Quoting gigneil (Reply 17): That may be their feeling, but it is factually inaccurate. There are many organizational elements of both, separate, airlines that remain.
Correct. The closer you get to the accounting side and labor side the more separate everything is. The closer to the consumer side the more merged it looks.
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From Switzerland, joined Oct 2006, 21460 posts, 
From United States of America, joined Jun 2005, 2660 posts, 
From Northern Mariana Islands, joined Oct 2001, 1473 posts, 
} , and there are open positions at CO and UA. These are the worst days here in GUM, but hope for the future...
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