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17. Continental Airlines to Pay US$111 million in Profit Sharing
Continental Airlines to Pay US$111 million in Profit Sharing. The carrier recorded a net income of US$343 million in 2006. This marks the first Continental profit sharing payment since the payment for the 2000 results. The US$111 million distribution is the highest profit sharing distribution in Continental’s history.
18. United Orders 150 Boeing 737s
United has signed an order to purchase 150 narrowbody Boeing 737 aircraft. Under the new agreement, United will purchase 100 Boeing 737 MAX 9 aircraft and 50 Boeing 737-900ER aircraft for delivery between 2013 and 2022. These new aircraft will allow United to replace older, less-efficient aircraft to reduce fuel and operating costs, enhance the customer experience and maximize netw
19. Continental Airlines Plans Non Stop Flights to Tokyo’s Haneda Airport
Continental Airlines Plans Non Stop Flights to Tokyo’s Haneda Airport. Continental Airlines and its wholly-owned subsidiary, Continental Micronesia, have submitted a joint application to the Department of Transportation to provide nonstop service from the carriers’ hubs in New York/Newark and Guam to Tokyo’s Haneda airport.
20. United Continental Holdings Appoints John Rainey as EVP and CFO
United Continental Holdings has appointed John Rainey as Executive Vice President and Chief Financial Officer, succeeding Zane Rowe. In his new position, Rainey is responsible for the overall financial operations of the holding company and its operating subsidiaries, including corporate finance, treasury, financial planning and analysis, tax, accounting, investor relations, fleet,
21. United’s First Boeing 787 Dreamliner Begins Assembly
The first of United Continental’s Boeing 787 Dreamliner aircraft entered the assembly phase at Boeing’s facility in Everett, Wash., on Wednesday. In early 2012, United will be the first North American carrier to take delivery of the aircraft, marking the first of 50 Dreamliners for the airline.
22. United Airlines Becomes North American Launch Customer for Boeing 787-10
United Airlines has increased its Boeing 787 Dreamliner order to 65 aircraft (including six previously delivered aircraft) with an order for 20 787-10s. United is the North American launch customer for the 787-10 and it expects delivery of its first aircraft in 2018.
23. Continental Airlines reduces executive office ranks by more than 25 percent
Continental Airlines reduces executive office ranks by more than 25 percent.
24. United Relaunches Boeing 787 Flights
United Airlines has relaunched commercial Boeing 787-8 flights from the airline’s hub in Houston. United will operate additional Dreamliner flights on routes from Houston to other domestic hubs this week, and the airline will launch international 787 service on the Denver-Tokyo route on 10 June 2013.

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