United Airlines (OTCBB: UALAQ.OB) today announced that it has reached a Memorandum of Understanding (MOU) with Air Wisconsin Airlines to operate select portions of the Company’s United Express Service.Ê In addition to its existing fleet, the amended agreement also provides Air Wisconsin the opportunity to place an additional 20 regional jets in the United Express program in Washington, Chicago and Denver.Ê The agreement is for an 11-year term.
“Given our long-standing relationship with Air Wisconsin, I’m pleased we have reached a Memorandum of Understanding that furthers this partnership,” said Greg Kaldahl, director-United Express at United Airlines.Ê “Our amended agreement will allow Air Wisconsin to continue operating under the United Express brand while offering a first-rate level of service to United’s customers.”
The MOU is conditioned upon negotiation of final agreements as well as approval by the U.S. Bankruptcy Court.Ê Air Wisconsin must also finalize agreements on labor cost savings with its flight attendants, mechanics and customer service personnel in order for the agreement to become effective.
In 2002, United`s employees broke 35 company records and achieved the best overall operational performance in the company`s 77-year history. United Airlines finished 2002 ranked No. 1 in the industry in domestic on-time performance, according to the official U.S. Department of Transportation`s Air Travel Consumer report. United and United Express operate more than 3,300 flights each day on a route network that spans the globe. News releases and other information about United can be found at the company`s website atÊwww.united.com.