United Airlines and Aloha Airlines Strengthen Cooperation on Marketing and Operations in Hawaii and the Pacific
CHICAGO and HONOLULU, July 3 /PRNewswire-FirstCall/ -- United Airlines (Nasdaq: UAUA - News) and Aloha Airlines have signed a formal agreement that will strengthen cooperation between the two carriers in the Hawaii and transpacific markets, as previously announced.
Under the agreement signed today, the two carriers will broaden a long-standing relationship to achieve mutual benefits in the areas of marketing, expense reduction and operating efficiencies.
The two companies envision additional savings in the areas of fuel procurement, the sharing of facilities at airports and potential integration of ground services performed by third parties, and will further explore efficiencies to be gained in such areas as catering, maintenance and telecommunications to name a few.
"Our enhanced relationship with United allows Aloha to tap the marketing strength of one of the world's largest and best-known airlines," said David A. Banmiller, Aloha's president and chief executive officer. "This close working relationship will bring long-term benefits for our shareholders, our employees and above all, our customers, who will have greater opportunities to earn and redeem miles and travel seamlessly on United's routes to and from and within the State of Hawaii."
Because of the various significant contributions being made, United Airlines will be granted a minority equity position in Aloha Airlines and one seat on Aloha's board of directors. The two airlines will remain independently owned and operated.