Special Facilities 2015B

Total Page:16

File Type:pdf, Size:1020Kb

Special Facilities 2015B NEW ISSUES—BOOK-ENTRY ONLY Rating: See “RATING” herein. In the opinion of Bracewell & Giuliani LLP and West & Associates, LLP (“Co-Bond Counsel”), under existing law, (i) interest on the Series 2015B Bonds (as defined below) is excludable from gross income for federal income tax purposes, except with respect to interest on any Series 2015B Bond for any period during which such Series 2015B Bond is held by a person who, within the meaning of Section 147(a) of the Internal Revenue Code of 1986, as amended, is a “substantial user” or a “related person” to such a “substantial user” of the facilities financed or refinanced with the proceeds of the Series 2015B Bonds, as described under “TAX MATTERS” herein, and (ii) interest on the Series 2015B Bonds is an item of tax preference that is includable in alternative minimum taxable income for purposes of determining the alternative minimum tax imposed on individuals and corporations. See “TAX MATTERS” herein for a discussion of the opinion of Co-Bond Counsel. $176,650,000 $47,390,000 City of Houston, Texas City of Houston, Texas Airport System Special Facilities Revenue Bonds Airport System Special Facilities Revenue Refunding Bonds (United Airlines, Inc. Terminal Improvement Projects), (United Airlines, Inc. Terminal Improvement Projects), Series 2015B-1 (AMT) Series 2015B-2 (AMT) Date of Interest Accrual: Date of Delivery Due: July 15, as shown on the inside cover page hereto The City of Houston, Texas Airport System Special Facilities Revenue Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2015B-1 (AMT) (the “Series 2015B-1 Bonds”) and the City of Houston, Texas Airport System Special Facilities Revenue Refunding Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2015B-2 (AMT) (the “Series 2015B-2 Bonds” and, together with the Series 2015B-1 Bonds, the “Series 2015B Bonds”) will be issued in fully-registered form in the name of Cede & Co., as nominee of The Depository Trust Company (“DTC”), and will be available to ultimate purchasers under the book-entry only system maintained by DTC. The Series 2015B Bonds will be issued in denominations of $100,000 or any integral multiple of $5,000 in excess thereof. So long as Cede & Co. is the registered owner of the Series 2015B Bonds, principal of, premium, if any, and interest on the Series 2015B Bonds will be payable by The Bank of New York Mellon Trust Company, National Association, as trustee (the “Trustee”), to DTC, which will in turn remit such payments to its participants for subsequent disbursement to beneficial owners of such Series 2015B Bonds, as more fully described herein. Interest on the Series 2015B Bonds will be payable on each January 15 and July 15, commencing July 15, 2015, until maturity or earlier redemption. The Series 2015B Bonds will be subject to optional redemption, mandatory sinking fund redemption, and extraordinary mandatory redemption prior to maturity, each as more fully described herein under “THE SERIES 2015B BONDS—Optional Redemption,” “—Mandatory Sinking Fund Redemption,” and “—Extraordinary Mandatory Redemption.” The Series 2015B-1 Bonds are being issued by the City of Houston, Texas (the “City”) to finance the improvement, construction and installation of certain passenger terminal facilities for United Airlines, Inc. (“United”) in and adjacent to Terminal B at George Bush Intercontinental Airport/Houston (the “Airport”). The Series 2015B-2 Bonds are being issued by the City to provide a portion of the funds for the redemption of the City’s outstanding Airport System Special Facilities Revenue Bonds (Continental Airlines, Inc. Terminal Improvement Projects), Series 1997B (the “Series 1997B Bonds”) and Airport System Special Facilities Revenue Bonds (Continental Airlines, Inc. Terminal Improvement Projects), Series 1998B (the “Series 1998B Bonds” and, together with the Series 1997B Bonds, the “Series 97/98B Bonds”). The Series 97/98B Bonds were originally issued to finance a portion of the cost of the acquisition, construction, improvement and equipping of certain terminal facilities in Terminal B and elsewhere at the Airport for use by United. The facilities constructed with the proceeds of the Series 97/98B Bonds have been completed and are currently in service at the Airport. The Series 2015B Bonds will be secured on a parity with the City’s outstanding Airport System Special Facilities Revenue Bonds (Continental Airlines, Inc. Terminal Improvement Projects), Series 2011 (AMT) (the “Series 2011 Bonds”). The improvements located in Terminal B and elsewhere at the Airport that were financed by the Series 97/98B Bonds and by the Series 2011 Bonds, and the improvements to be financed by the Series 2015B-1 Bonds and any additional bonds that may be issued in the future and secured on a parity with the Series 2011 Bonds and the Series 2015B Bonds (the Series 2011 Bonds, the Series 2015B Bonds, and any such additional bonds being referred to herein as “Bonds”) are herein referred to as the “Special Facilities.” The Series 2015B Bonds will be issued as special limited obligations of the City, payable solely from and secured by a pledge of certain pledged revenues of the City more fully described herein, consisting primarily of net rentals to be paid by United pursuant to the Second Amended and Restated Special Facilities Lease (as defined herein) between the City and In addition, the payment to the Trustee of all amounts required for the full and prompt payment of the principal of, premium, if any, and interest on the Series 2015B Bonds will be unconditionally guaranteed by United pursuant to a Guaranty between United and the Trustee, as further described herein. The Series 2015B Bonds will also be payable from and secured by a portion of certain rentals that may be received by the City following a termination of United’s possession rights under the Second Amended and Restated Special Facilities Lease while any Series 2015B Bonds remain outstanding, through a reletting of the Special Facilities by the City to one or more replacement tenants, all as further described herein. United is a U.S.-based air carrier that transports people and cargo through its mainline and regional operations, either directly or through participation in Star Alliance®. On March 31, 2013, United Air Lines, Inc. (“Old United”), a wholly-owned subsidiary of United Continental Holdings, Inc. (“UAL”), merged with and into Continental Airlines, Inc. (“Continental”), another wholly-owned subsidiary of UAL, to form one legal entity (the “Airlines Merger”), with Continental continuing as the surviving corporation of the Airlines Merger and as a wholly-owned subsidiary of UAL. Upon closing of the Airlines Merger on March 31, 2013, Continental’s name was changed to United Airlines, Inc. The Series 2015B Bonds shall never constitute an indebtedness of the City within the meaning of any provisions of the Constitution or laws of the State of Texas or the City’s Home Rule Charter and shall not be general obligations of the City. The holders of the Series 2015B Bonds shall never have the right to demand payment thereof out of any funds raised or to be raised by taxation, and may not be repaid in any circumstances from tax revenues or general revenues of the City’s airport system. AN INVESTMENT IN THE SERIES 2015B BONDS INVOLVES SIGNIFICANT RISKS. For more complete information with respect to the security and sources of payment for the Series 2015B Bonds and certain risks with respect thereto, see “SECURITY FOR THE SERIES 2015B BONDS,” and “CERTAIN BONDOWNERS’ RISKS” herein. PRINCIPAL AMOUNTS, MATURITY DATES, INTEREST RATES, PRICES AND YIELDS ON INSIDE COVER PAGE This cover page and the inside cover page hereto contain certain information for quick reference only. They are not intended to be a summary of all factors relating to an investment in any of the Series 2015B Bonds. Investors are advised to read the Official Statement in its entirety before making an investment decision. The Series 2015B Bonds are offered when, as and if issued by the City and accepted by the Underwriters (as defined herein) and subject to the approving opinion of the Attorney General of the State of Texas and to receipt of an approving legal opinion of Co-Bond Counsel. Certain legal matters will be passed upon for the City by the City Attorney; for United by Richa Himani, its Senior Counsel - Commercial Transactions, and for the Underwriters by their counsel O’Melveny & Myers LLP. The Series 2015B Bonds are expected to be available for delivery through the facilities of DTC in New York, New York, on or about March 26, 2015. Citigroup Barclays Cabrera Capital Markets, LLC Siebert Brandford Shank & Co., L.L.C. March 11, 2015 $176,650,000 City of Houston, Texas Airport System Special Facilities Revenue Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2015B-1 (AMT) $77,605,000 5.000% Term Bond due July 15, 2030 Priced at 104.247% (Yield 4.480%) CUSIP† 4423487R3 $99,045,000 5.000% Term Bond due July 15, 2035 Priced at 103.246% (Yield 4.600%) CUSIP† 4423487S1 $47,390,000 City of Houston, Texas Airport System Special Facilities Revenue Refunding Bonds (United Airlines, Inc. Terminal Improvement Projects), Series 2015B-2 (AMT) $47,390,000 5.000% Term Bond due July 15, 2020 Priced at 106.847% (Yield 3.570%) CUSIP† 4423487T9 † CUSIP is a registered trademark of The American Bankers Association. CUSIP numbers have been assigned to the Series 2015B Bonds by the CUSIP Global Services, managed by Standard and Poor’s Financial Services LLC on behalf of the American Bankers Association. This data is not intended to create a database and does not serve in any way as a substitute for CUSIP Global Services. CUSIP numbers are provided solely for the convenience of potential investors.
Recommended publications
  • IATA CLEARING HOUSE PAGE 1 of 21 2021-09-08 14:22 EST Member List Report
    IATA CLEARING HOUSE PAGE 1 OF 21 2021-09-08 14:22 EST Member List Report AGREEMENT : Standard PERIOD: P01 September 2021 MEMBER CODE MEMBER NAME ZONE STATUS CATEGORY XB-B72 "INTERAVIA" LIMITED LIABILITY COMPANY B Live Associate Member FV-195 "ROSSIYA AIRLINES" JSC D Live IATA Airline 2I-681 21 AIR LLC C Live ACH XD-A39 617436 BC LTD DBA FREIGHTLINK EXPRESS C Live ACH 4O-837 ABC AEROLINEAS S.A. DE C.V. B Suspended Non-IATA Airline M3-549 ABSA - AEROLINHAS BRASILEIRAS S.A. C Live ACH XB-B11 ACCELYA AMERICA B Live Associate Member XB-B81 ACCELYA FRANCE S.A.S D Live Associate Member XB-B05 ACCELYA MIDDLE EAST FZE B Live Associate Member XB-B40 ACCELYA SOLUTIONS AMERICAS INC B Live Associate Member XB-B52 ACCELYA SOLUTIONS INDIA LTD. D Live Associate Member XB-B28 ACCELYA SOLUTIONS UK LIMITED A Live Associate Member XB-B70 ACCELYA UK LIMITED A Live Associate Member XB-B86 ACCELYA WORLD, S.L.U D Live Associate Member 9B-450 ACCESRAIL AND PARTNER RAILWAYS D Live Associate Member XB-280 ACCOUNTING CENTRE OF CHINA AVIATION B Live Associate Member XB-M30 ACNA D Live Associate Member XB-B31 ADB SAFEGATE AIRPORT SYSTEMS UK LTD. A Live Associate Member JP-165 ADRIA AIRWAYS D.O.O. D Suspended Non-IATA Airline A3-390 AEGEAN AIRLINES S.A. D Live IATA Airline KH-687 AEKO KULA LLC C Live ACH EI-053 AER LINGUS LIMITED B Live IATA Airline XB-B74 AERCAP HOLDINGS NV B Live Associate Member 7T-144 AERO EXPRESS DEL ECUADOR - TRANS AM B Live Non-IATA Airline XB-B13 AERO INDUSTRIAL SALES COMPANY B Live Associate Member P5-845 AERO REPUBLICA S.A.
    [Show full text]
  • United Airlines Holdings Annual Report 2021
    United Airlines Holdings Annual Report 2021 Form 10-K (NASDAQ:UAL) Published: March 1st, 2021 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission Exact Name of Registrant as Specified in its Charter, State of I.R.S. Employer File Number Principal Executive Office Address and Telephone Incorporation Identification No. Number 001-06033 United Airlines Holdings, Inc. Delaware 36-2675207 233 South Wacker Chicago, Illinois Drive, 60606 (872) 825-4000 001-10323 United Airlines, Inc. Delaware 74-2099724 233 South Wacker Chicago, Illinois Drive, 60606 (872) 825-4000 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered United Airlines Holdings, Inc. Common Stock, $0.01 par value UAL The Nasdaq Stock Market LLC Preferred Stock Purchase Rights The Nasdaq Stock Market LLC United Airlines, Inc. None None None Securities registered pursuant to Section 12(g) of the Act: United Airlines Holdings, Inc. None United Airlines, Inc. None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act United Airlines Holdings, Inc. Yes ☒ No ☐ United Airlines, Inc. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
    [Show full text]
  • 2020 Table 9.Xlsx
    Table 9 RECAPITULATION OF PUBLIC UTILITY COMPANIES BY COUNTY Actual and Equalized Property Values for Calendar Year 2020 Real Property Personal Property Total Real and Personal Property County Actual Value Equalized Value Actual Value Equalized Value Actual Value Equalized Value Adams Aero Air LLC - - 4,647 4,600 4,647 4,600 AT&T Communications - - 1,365,718 1,352,061 1,365,718 1,352,061 AT&T Mobility LLC - - 4,374,524 4,330,779 4,374,524 4,330,779 Avista Corp - Gas 57,107 44,658 2,831,809 2,803,491 2,888,916 2,848,148 Avista Corporation - Electric 2,577,632 2,015,708 66,048,251 65,387,769 68,625,883 67,403,477 Big Bend Elec Coop Inc 2,095,895 1,638,990 10,699,678 10,592,681 12,795,573 12,231,671 BNSF Railway Company - Tax Dept 80,492,277 62,944,961 12,495,871 12,370,912 92,988,148 75,315,872 Cascade Natural Gas Corp 23,845 18,647 5,122,189 5,070,967 5,146,034 5,089,614 Cellco Partnership - - 3,887,710 3,848,833 3,887,710 3,848,833 Century Tel of WA, Inc (T141) 334,132 261,291 2,760,402 2,732,798 3,094,534 2,994,090 CenturyLink Communications - - 2,124,066 2,102,825 2,124,066 2,102,825 Columbia Basin Railroad Co Inc 2,117,474 1,655,865 1,550,963 1,535,454 3,668,437 3,191,318 Federal Express Corp - - 1,260 1,247 1,260 1,247 GATX Corporation - - 17,392,148 17,218,226 17,392,148 17,218,226 Inland Cellular LLC 484,948 379,229 423,122 418,891 908,070 798,120 Inland Power & Light Co - - 412,614 408,487 412,614 408,487 Northwest Pipeline GP 14,159 11,072 31,887,804 31,568,926 31,901,962 31,579,998 Palouse River & Coulee City Railroad 4,516 3,531
    [Show full text]
  • 2013 Economic Impact Study for Colorado Airports
    TECHNICAL REPORT TECHNICAL REPORT This Page Left Blank Intentionally TABLE OF CONTENTS 1. Summary of Study Findings ............................................................................................ 1 1.1 Methodology ............................................................................................................................... 1 1.2 Overall Findings .......................................................................................................................... 3 1.3 Summary of Aviation Benefits in Colorado................................................................................ 8 2. Report Overview ...............................................................................................................9 3. Study Methodology and Statewide Impacts ................................................................. 11 3.1 Statewide Economic Impacts from Airport-Related Activities................................................. 13 3.2 Statewide Economic Impacts from Airport Administration, Operation, and Maintenance ..... 14 3.3 Statewide Economic Impacts from Airport Tenants/Businesses .............................................. 17 3.4 Statewide Economic Impacts from Capital Investment Related Activities .............................. 21 3.5 Summary of Statewide Economic Impacts from Airport Related Activities (Administration, Tenants, and Capital Investment) .............................................................................................. 24 3.6 Statewide Economic Impacts from
    [Show full text]
  • Official Statement
    NEW ISSUE—BOOK ENTRY ONLY RATING: See “Rating” In the opinion of Orrick, Herrington & Sutcliffe LLP, Bond Counsel, based upon an analysis of existing laws, regulations, rulings and court decisions and assuming, among other matters, the accuracy of certain representations and compliance with certain covenants, interest on the Series Twenty-One C Bonds is excluded from gross income for federal income tax purposes under Section 103 of the Internal Revenue Code of 1986, except that no opinion is expressed as to the status of interest on any Series Twenty-One C Bond for any period that such Series Twenty-One C Bond is held by a “substantial user” of the facilities refinanced by the Series Twenty- One C Bonds or by a “related person” within the meaning of Section 147(a) of the Internal Revenue Code of 1986. Bond Counsel observes, however, that interest on the Series Twenty-One C Bonds is a specific preference item for purposes of the federal individual and corporate alternative minimum taxes. In the further opinion of Bond Counsel, interest on the Series Twenty-One C Bonds is exempt from personal income taxation by the State of Oregon. Bond Counsel expresses no opinion regarding any other tax consequences related to the ownership or disposition of, or the accrual or receipt of interest on, the Series Twenty-One C Bonds. See “Tax MaTTers.” $27,685,000 THE PORT OF PORTLAND, OREGON Portland International Airport Refunding Revenue Bonds Series Twenty-One C (AMT) Dated: Date of initial delivery Base CUSIP No.: 735240 Due: July 1, as shown on inside cover The Port of Portland (the “Port”) is issuing its Portland International Airport Refunding Revenue Bonds, Series Twenty-One C (AMT) (the “Series Twenty-One C Bonds”) to refund the Port’s outstanding Portland International Airport Refunding Revenue Bonds, Series Fifteen D, to make a deposit to the SLB Reserve Account and to pay costs of issuing the Series Twenty-One C Bonds, all as described herein.
    [Show full text]
  • Airline Quarterly Financial Review
    AIRLINE QUARTERLY FINANCIAL REVIEW FOURTH QUARTER 2019 PASSENGER NATIONALS DEPARTMENT OF TRANSPORTATION OFFICE OF AVIATION ANALYSIS: COMPETITION AND POLICY ANALYIS DIVISION Table of Contents INTRODUCTION ........................................................................................................................................................................................................................... 2 SYSTEM PASSENGER NATIONALS ................................................................................................................................................................................................ 3 Chart 1. Operating Profit and Net Income (Loss) for the Quarter .................................................................................................................................. 4 Chart 2. Operating Profit and Net Income (Loss) for the Year Ended ............................................................................................................................ 4 Chart 3. Operating Profit (Loss) by Quarter ................................................................................................................................................................... 5 Chart 4. Net Income (Loss) by Quarter .......................................................................................................................................................................... 5 Chart 5. Operating Profit (Loss) Year Ended by Quarter ...............................................................................................................................................
    [Show full text]
  • Southwest Airlines Corporation: a Domestic Industry Analysis & Recommendation for Expansion
    University of Tennessee, Knoxville TRACE: Tennessee Research and Creative Exchange Supervised Undergraduate Student Research Chancellor’s Honors Program Projects and Creative Work 5-2006 Southwest Airlines Corporation: A Domestic Industry Analysis & Recommendation for Expansion Joel LaSharon Thomas University of Tennessee-Knoxville Follow this and additional works at: https://trace.tennessee.edu/utk_chanhonoproj Part of the Marketing Commons Recommended Citation Thomas, Joel LaSharon, "Southwest Airlines Corporation: A Domestic Industry Analysis & Recommendation for Expansion" (2006). Chancellor’s Honors Program Projects. https://trace.tennessee.edu/utk_chanhonoproj/1019 This is brought to you for free and open access by the Supervised Undergraduate Student Research and Creative Work at TRACE: Tennessee Research and Creative Exchange. It has been accepted for inclusion in Chancellor’s Honors Program Projects by an authorized administrator of TRACE: Tennessee Research and Creative Exchange. For more information, please contact [email protected]. Southwest Airlines Corporation: A Domestic Industry Analysis & Recommendation for Expansion Joel L. Thomas Chancellor's Honors Program University of Tennessee Senior Project May 2,2006 Joel L. Thomas Senior Honors Project Southwest Airlines May 2, 2006 2 Executive Summary After almost thirty years of service, Southwest Airlines has emerged as one of the world's premier airlines. The Southwest approach to business and the industry at large have enabled the company to continue to grow at profit in times of true economic downturn. Presently, the market for air carriers is saturated and highly fragmented. Overcapacity has led the major United States airlines to compete with Southwest's low fare pricing strategy. However, due to the company's brand image of efficient and effective low fare service, Southwest has been able to ward off its competitors (e.g.
    [Show full text]
  • Air Travel Consumer Report
    Air Travel Consumer Report A Product Of THE OFFICE OF AVIATION CONSUMER PROTECTION Issued: August 2021 Flight Delays1 June 2021 January - June 2021 Mishandled Baggage, Wheelchairs, and Scooters 1 June 2021 January -June 2021 Oversales1 2nd Quarter 2021 Consumer Complaints2 June 2021 (Includes Disability and January - June 2021 Discrimination Complaints) Airline Animal Incident Reports4 June 2021 Customer Service Reports to 3 the Dept. of Homeland Security June 2021 1 Data collected by the Bureau of Transportation Statistics. Website: http://www.bts.gov 2 Data compiled by the Office of Aviation Consumer Protection. Website: http://www.transportation.gov/airconsumer 3 Data provided by the Department of Homeland Security, Transportation Security Administration 4 Data collected by the Office of Aviation Consumer Protection. TABLE OF CONTENTS Section Page Section Page Flight Delays Flight Delays (continued) Introduction 3 Table 8 35 Explanation 4 List of Regularly Scheduled Domestic Flights with Tarmac Delays Over 3 Hours, By Marketing/Operating Carrier Branded Codeshare Partners 5 Table 8A Table 1 6 List of Regularly Scheduled International Flights with 36 Overall Percentage of Reported Flight Tarmac Delays Over 4 Hours, By Marketing/Operating Carrier Operations Arriving On-Time, by Reporting Marketing Carrier Appendix 37 Table 1A 7 Mishandled Baggage Overall Percentage of Reported Flight Ranking- by Marketing Carrier (Monthly) 39 Operations Arriving On-Time, by Reporting Operating Carrier Ranking- by Marketing Carrier (YTD) 40 Table 1B 8
    [Show full text]
  • Attachment F – Participants in the Agreement
    Revenue Accounting Manual B16 ATTACHMENT F – PARTICIPANTS IN THE AGREEMENT 1. TABULATION OF PARTICIPANTS 0B 475 BLUE AIR AIRLINE MANAGEMENT SOLUTIONS S.R.L. 1A A79 AMADEUS IT GROUP SA 1B A76 SABRE ASIA PACIFIC PTE. LTD. 1G A73 Travelport International Operations Limited 1S A01 SABRE INC. 2D 54 EASTERN AIRLINES, LLC 2I 156 STAR UP S.A. 2I 681 21 AIR LLC 2J 226 AIR BURKINA 2K 547 AEROLINEAS GALAPAGOS S.A. AEROGAL 2T 212 TIMBIS AIR SERVICES 2V 554 AMTRAK 3B 383 Transportes Interilhas de Cabo Verde, Sociedade Unipessoal, SA 3E 122 MULTI-AERO, INC. DBA AIR CHOICE ONE 3J 535 Jubba Airways Limited 3K 375 JETSTAR ASIA AIRWAYS PTE LTD 3L 049 AIR ARABIA ABDU DHABI 3M 449 SILVER AIRWAYS CORP. 3S 875 CAIRE DBA AIR ANTILLES EXPRESS 3U 876 SICHUAN AIRLINES CO. LTD. 3V 756 TNT AIRWAYS S.A. 3X 435 PREMIER TRANS AIRE INC. 4B 184 BOUTIQUE AIR, INC. 4C 035 AEROVIAS DE INTEGRACION REGIONAL 4L 174 LINEAS AEREAS SURAMERICANAS S.A. 4M 469 LAN ARGENTINA S.A. 4N 287 AIR NORTH CHARTER AND TRAINING LTD. 4O 837 ABC AEROLINEAS S.A. DE C.V. 4S 644 SOLAR CARGO, C.A. 4U 051 GERMANWINGS GMBH 4X 805 MERCURY AIR CARGO, INC. 4Z 749 SA AIRLINK 5C 700 C.A.L. CARGO AIRLINES LTD. 5J 203 CEBU PACIFIC AIR 5N 316 JOINT-STOCK COMPANY NORDAVIA - REGIONAL AIRLINES 5O 558 ASL AIRLINES FRANCE 5T 518 CANADIAN NORTH INC. 5U 911 TRANSPORTES AEREOS GUATEMALTECOS S.A. 5X 406 UPS 5Y 369 ATLAS AIR, INC. 50 Standard Agreement For SIS Participation – B16 5Z 225 CEMAIR (PTY) LTD.
    [Show full text]
  • Prof. Paul Stephen Dempsey
    AIRLINE ALLIANCES by Paul Stephen Dempsey Director, Institute of Air & Space Law McGill University Copyright © 2008 by Paul Stephen Dempsey Before Alliances, there was Pan American World Airways . and Trans World Airlines. Before the mega- Alliances, there was interlining, facilitated by IATA Like dogs marking territory, airlines around the world are sniffing each other's tail fins looking for partners." Daniel Riordan “The hardest thing in working on an alliance is to coordinate the activities of people who have different instincts and a different language, and maybe worship slightly different travel gods, to get them to work together in a culture that allows them to respect each other’s habits and convictions, and yet work productively together in an environment in which you can’t specify everything in advance.” Michael E. Levine “Beware a pact with the devil.” Martin Shugrue Airline Motivations For Alliances • the desire to achieve greater economies of scale, scope, and density; • the desire to reduce costs by consolidating redundant operations; • the need to improve revenue by reducing the level of competition wherever possible as markets are liberalized; and • the desire to skirt around the nationality rules which prohibit multinational ownership and cabotage. Intercarrier Agreements · Ticketing-and-Baggage Agreements · Joint-Fare Agreements · Reciprocal Airport Agreements · Blocked Space Relationships · Computer Reservations Systems Joint Ventures · Joint Sales Offices and Telephone Centers · E-Commerce Joint Ventures · Frequent Flyer Program Alliances · Pooling Traffic & Revenue · Code-Sharing Code Sharing The term "code" refers to the identifier used in flight schedule, generally the 2-character IATA carrier designator code and flight number. Thus, XX123, flight 123 operated by the airline XX, might also be sold by airline YY as YY456 and by ZZ as ZZ9876.
    [Show full text]
  • Delta April 2003 Worldwide Timetable
    Airline Listing 3M Silver Airways Corporation KE Korean Air Lines Co. Ltd. 6G Sun Air Express, LLC KL KLM Royal Dutch Airlines AA American Airlines LH Deutsche Lufthansa AG AC Air Canada LW Pacific Wings, L.L.C AF Air France NH All Nippon Airways AM Aeromexico Aerovias OS Austrian Airlines AG dba Austrian de Mexico S.A. de C.V. PD Porter Airlines Inc. AS Alaska Airlines QR Qatar Airways (Q.C.S.C.) AV Aerovias del Continente Americano SA South African Airways S.A. AVIANCA SK Scandinavian Airlines System B6 Jetblue Airways Corporation SN Brussels Airlines N.V. BA British Airways SU JSC Aeroflot Russian Airlines CA Air China Limited SV Saudi Arabian Airlines CM Compania Panamena SY MN Airlines LLC de Aviacion, S.A. (COPA) TK Turkish Airlines, Inc. DL Delta Air Lines, Inc. UA United Airlines, Inc. EK Emirates US US Airways ET Ethiopian Airlines Enterprise VS Virgin Atlantic Airways Limited EY Etihad Airways VX Virgin America Inc. F9 Frontier Airlines, Inc. WN Southwest Airlines FI Icelandair DOMESTIC DOMESTIC Stops/ Stops/ Stops/ Stops/ Depart/Arrive Flight Equip Via Freq Depart/Arrive Flight Equip Via Freq Depart/Arrive Flight Equip Via Freq Depart/Arrive Flight Equip Via Freq AKRON/CANTON, OH (CAK) To AKRON/CANTON, OH (CAK) From AKRON/CANTON, OH (CAK) To ALBUQUERQUE, NM (cont) From ALBUQUERQUE, NM (cont) From National To National From Dulles (cont) To Dulles (cont) 2 00p 3 20p US5151* CRJ 0 6 6 30a 7 42a US5226* CRJ 0 7 12 31p 4 56p UA1090/UA4914* DEN 125 1 10p 9 02p UA3655*/UA652 DEN 6 Operated By US Airways Express - PSA Airlines Operated
    [Show full text]
  • U.S. Department of Transportation Federal
    U.S. DEPARTMENT OF ORDER TRANSPORTATION JO 7340.2E FEDERAL AVIATION Effective Date: ADMINISTRATION July 24, 2014 Air Traffic Organization Policy Subject: Contractions Includes Change 1 dated 11/13/14 https://www.faa.gov/air_traffic/publications/atpubs/CNT/3-3.HTM A 3- Company Country Telephony Ltr AAA AVICON AVIATION CONSULTANTS & AGENTS PAKISTAN AAB ABELAG AVIATION BELGIUM ABG AAC ARMY AIR CORPS UNITED KINGDOM ARMYAIR AAD MANN AIR LTD (T/A AMBASSADOR) UNITED KINGDOM AMBASSADOR AAE EXPRESS AIR, INC. (PHOENIX, AZ) UNITED STATES ARIZONA AAF AIGLE AZUR FRANCE AIGLE AZUR AAG ATLANTIC FLIGHT TRAINING LTD. UNITED KINGDOM ATLANTIC AAH AEKO KULA, INC D/B/A ALOHA AIR CARGO (HONOLULU, UNITED STATES ALOHA HI) AAI AIR AURORA, INC. (SUGAR GROVE, IL) UNITED STATES BOREALIS AAJ ALFA AIRLINES CO., LTD SUDAN ALFA SUDAN AAK ALASKA ISLAND AIR, INC. (ANCHORAGE, AK) UNITED STATES ALASKA ISLAND AAL AMERICAN AIRLINES INC. UNITED STATES AMERICAN AAM AIM AIR REPUBLIC OF MOLDOVA AIM AIR AAN AMSTERDAM AIRLINES B.V. NETHERLANDS AMSTEL AAO ADMINISTRACION AERONAUTICA INTERNACIONAL, S.A. MEXICO AEROINTER DE C.V. AAP ARABASCO AIR SERVICES SAUDI ARABIA ARABASCO AAQ ASIA ATLANTIC AIRLINES CO., LTD THAILAND ASIA ATLANTIC AAR ASIANA AIRLINES REPUBLIC OF KOREA ASIANA AAS ASKARI AVIATION (PVT) LTD PAKISTAN AL-AAS AAT AIR CENTRAL ASIA KYRGYZSTAN AAU AEROPA S.R.L. ITALY AAV ASTRO AIR INTERNATIONAL, INC. PHILIPPINES ASTRO-PHIL AAW AFRICAN AIRLINES CORPORATION LIBYA AFRIQIYAH AAX ADVANCE AVIATION CO., LTD THAILAND ADVANCE AVIATION AAY ALLEGIANT AIR, INC. (FRESNO, CA) UNITED STATES ALLEGIANT AAZ AEOLUS AIR LIMITED GAMBIA AEOLUS ABA AERO-BETA GMBH & CO., STUTTGART GERMANY AEROBETA ABB AFRICAN BUSINESS AND TRANSPORTATIONS DEMOCRATIC REPUBLIC OF AFRICAN BUSINESS THE CONGO ABC ABC WORLD AIRWAYS GUIDE ABD AIR ATLANTA ICELANDIC ICELAND ATLANTA ABE ABAN AIR IRAN (ISLAMIC REPUBLIC ABAN OF) ABF SCANWINGS OY, FINLAND FINLAND SKYWINGS ABG ABAKAN-AVIA RUSSIAN FEDERATION ABAKAN-AVIA ABH HOKURIKU-KOUKUU CO., LTD JAPAN ABI ALBA-AIR AVIACION, S.L.
    [Show full text]