United Airlines Applauds White House Initiative to Complete Korean-U.S. Free Trade Agreement

United Airlines today applauded the White House initiative led by President Obama and announced at this weekend’s G20 Summit in Toronto, to complete a free trade agreement with Korea by November, significantly benefiting the U.S. economy and building on recent efforts to open travel from Korea to the United States.

“The Korean-U.S. Free Trade agreement will significantly benefit the U.S. economy and create U.S. jobs, and we welcome this important initiative by the Obama Administration,” said Glenn Tilton, United Airlines chairman and CEO. “At United, we have long advocated governmental action to remove barriers to international trade, and along with our Star Alliance partners including Korea-based Asiana Airlines, we provide the connections that enable people, businesses and communities to participate in an increasingly global economy.”

United provides more air service to Korea than any other US carrier with daily nonstop service from San Francisco and daily connecting service over Tokyo. Travel from South Korea to the United States is rising following Korea being added to the list of visa-waived countries, and providing greater connectivity between the U.S. and South Korea, the 14th largest economy in the world.

About United

United Airlines, a wholly-owned subsidiary of UAL Corporation (Nasdaq: UAUA), operates approximately 3,300* flights a day on United and United Express to more than 230 U.S. domestic and international destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago and Washington, D.C. With key global air rights in the Asia-Pacific region, Europe and Latin America, United is one of the largest international carriers based in the United States. United also is a founding member of Star Alliance, which provides connections for our customers to 1,077 destinations in 175 countries worldwide. United’s 46,000 employees reside in every U.S. state and in many countries around the world. United ranked No. 1 in on-time performance for domestic scheduled flights for 2009 among America’s five largest global carriers, as measured by the Department of Transportation and published in the Air Travel Consumer Report for 2009. News releases and other information about United can be found at the company’s Web site at united.com, and follow United on Twitter @UnitedAirlines.

* Based on United’s forward-looking flight schedule for January 2010 to December 2010


SOURCE: United Airlines
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