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UA Still Plans To Launch Business Jet Unit  
User currently offlineWatewate From Canada, joined Nov 2000, 2284 posts, RR: 1
Posted (12 years 11 months 3 weeks 5 days 22 hours ago) and read 1933 times:

"...at the same time United Airlines was telling Congress two weeks ago that it might go bankrupt without a bailout, UAL was wiring $11.25 million to a French airplane manufacturer as a down-payment on an order for 30 business jets. The luxury jets were built by Dassault Aviation at a cost of about $20 million apiece, the newspaper reported."

If I were one of the laid of UA employees, I'd be pretty pissed.

7 replies: All unread, jump to last
 
User currently offlineWatewate From Canada, joined Nov 2000, 2284 posts, RR: 1
Reply 1, posted (12 years 11 months 3 weeks 5 days 22 hours ago) and read 1917 times:

Forgot the link.
http://biz.yahoo.com/rf/011002/n02138978_1.html


User currently offlineEricmetallica From , joined Dec 1969, posts, RR:
Reply 2, posted (12 years 11 months 3 weeks 5 days 21 hours ago) and read 1915 times:

Either United is extremly dumb or there trying to pull a fast one on the Govt' to try and get some free money. Although it does seems sorta smart cause buisness keeps on going and most buisness men and women fly alot and will fly no matter what happens cause they have too.. Just my thoughts

Eric


User currently offlineMt99 From United States of America, joined May 1999, 6593 posts, RR: 6
Reply 3, posted (12 years 11 months 3 weeks 5 days 21 hours ago) and read 1914 times:
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I think it may be a good business decition on their part... CEO/CFO will probably feel more safe in a small jet with other CEO/CFO instead with a lot of people that they dont know.. and may be willing to pay a premium for that.. after all they have to travel!


Step into my office, baby
User currently offlineVirginA340 From United States of America, joined Jul 2005, 15 posts, RR: 0
Reply 4, posted (12 years 11 months 3 weeks 5 days 21 hours ago) and read 1911 times:

Goodwin and Dutta are the worst since Lorenzo and Borman. They need to lay off the bad crack. If I had happen to work for them I'd be taking early retirement. Their popularity is equal to Ichan after he sold TWA's LHR authority.


"FUIMUS"
User currently offlineLoneStarMike From United States of America, joined Jul 2000, 3827 posts, RR: 33
Reply 5, posted (12 years 11 months 3 weeks 5 days 15 hours ago) and read 1882 times:

Another possibility could be that maybe UA had already signed a contract with the manufacturer before the events of September 11 and couldn't get out of it.

LoneStarMike

User currently offlineB747-337M From , joined Dec 1969, posts, RR:
Reply 6, posted (12 years 11 months 3 weeks 5 days 15 hours ago) and read 1881 times:

Either United is extremly dumb or there trying to pull a fast one on the Govt' to try and get some free money.

Why is this an EITHER/OR proposition???

Personally, I'd say its a little bit of both.


User currently offlineFlashmeister From United States of America, joined Apr 2000, 2900 posts, RR: 6
Reply 7, posted (12 years 11 months 3 weeks 5 days 14 hours ago) and read 1865 times:
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Didn't UA agree to buy a bunch of jets already for this unit (Dornier I think)??

There have also been lots of reports of increases in people taking flying lessons to avoid flying commercial...


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