Originally Posted by
fxn2fly
In their bread-and-butter business, however, competition remains fierce. SkyWest, based in St. George, Utah, recently extended its existing contract with United Airlines parent
UAL Corp., and won the right to place 13 additional jetliners into United service early in 2010. In return, SkyWest said, it agreed to loan United $80 million for 10 years and defer $49 million of payments United was to make to SkyWest. A spokeswoman for SkyWest declined to comment on the concessions.
Kind of pathetic that a mainline company has to borrow money and cut a deal with one of it's regional partners. I think that speaks volumes about the type of leadership at UAL these days.