-T / T / +T | Comment(s)

Friday, October 26, 2007

United to Spin-off Maintenance

United Airlines conducted nearly $200 million worth of airframe maintenance for outside carriers in 2006 and is now considering a spin-off of its maintenance division. According to the carrier’s CFO, Jake Brace, the maintenance business has a lot of growth potential and, “We think it makes sense to have a third party that could invest the money to grow the business.” 
blog comments powered by Disqus