AWST 5/10/04 p 15:
"United Airlines, which has restructured its marketing
agreements with all its United Express regional
affiliates except Atlantic Coast Airlines, reduced its
overall losses during the first quarter but wound up
deeper in red ink for regional service. United shifted
Air Wisconsin, Mesa, SkyWest and Trans States to
what it terms "market-based"
fixed-rate-and-capital-reimbursement deals during
the second half of 2003, and Chautauqua, Republic
and Shuttle America followed during the winter. The
restructured contracts lost $81 million in this year's
first quarter as ACA's fee-per-departure deal went $30
million in the red, for a totla of $111 million. United
will transition June 3-Aug 4 from ACA to six regionals
- all but Trans States - for feed at Chicago O'Hare and
Washington Dulles airports."
"United Airlines, which has restructured its marketing
agreements with all its United Express regional
affiliates except Atlantic Coast Airlines, reduced its
overall losses during the first quarter but wound up
deeper in red ink for regional service. United shifted
Air Wisconsin, Mesa, SkyWest and Trans States to
what it terms "market-based"
fixed-rate-and-capital-reimbursement deals during
the second half of 2003, and Chautauqua, Republic
and Shuttle America followed during the winter. The
restructured contracts lost $81 million in this year's
first quarter as ACA's fee-per-departure deal went $30
million in the red, for a totla of $111 million. United
will transition June 3-Aug 4 from ACA to six regionals
- all but Trans States - for feed at Chicago O'Hare and
Washington Dulles airports."