00-00-0000 United To Launch Stand-Alone 'Fractional Ownership' Business May 21 2001 (Airline Financial News/Phillips Publishing via COMTEX) -- United Airlines [UAL] said forward May 17 that its board of directors has authorized it to record the business aviation market through establishing a stand- alone enterprise devot to fractional ownership of business jet The company will negotiate with manufactures definitive orders and/or options for a substantial number of business aircraft.
00-00-0000
United To Launch Stand-Alone 'Fractional Ownership' Business
May 21 2001 (Airline Financial News/Phillips Publishing via COMTEX) -- United Airlines [UAL] said forward May 17 that its board of directors has authorized it to record the business aviation market through establishing a stand- alone enterprise devot to fractional ownership of business jet The company will negotiate with manufactures definitive orders and/or options for a substantial number of business aircraft, leading to the operation of about 200 business aircraft by way of 2005.