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Article: United Airlines may sell SF base
- Article from:
- Oakland Tribune
- Article date:
- August 25, 2007
- Author:
CopyrightCopyright 2007 Oakland Tribune. Provided by ProQuest LLC. (Hide copyright information)
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United Airlines, one of San Mateo County's largest employers,
said Friday it may sell a stake in, or all, of its maintenance
operations to outside investors to raise capital for upgrading and
expanding the division.
That includes the airline's huge maintenance base at San
Francisco International Airport, where some 3,000 United mechanics
repair aircraft and another 2,000 or more support workers are
employed.
"We're looking at bringing in third-party people who can invest
in the maintenance business," Jean Medina, a spokeswoman for the
airline's Chicago-based parent, UAL Corp., said. She wouldn't detail
how large a stake UAL might sell or with whom discussions are being
held. The company ...