<?xml version="1.0" encoding="UTF-8" ?>
			<?xml-stylesheet href="/rss/rss2html.xsl" type="text/xsl" media="screen"?>
			<rss version="2.0" xmlns:alacra="http://www.alacra.com" xmlns:bir="http://www.alacra.com/bir" xmlns:cs="http://www.alacra.com/cs" xmlns:spcred="http://www.alacra.com/spcred" xmlns:fitch="http://www.alacra.com/fitch" xmlns:newstex="http://www.alacra.com/newstex" ><channel><title>UAL Corporation RSS Research Feed - Subscribe Today - AlacraStore.com</title>
<description>UAL Corporation</description>
<link>http://www.alacrastore.com/company-snapshot/UAL_Corporation-1017015</link>
<lastBuildDate>Friday, January 09, 2009 2:50:51 AM</lastBuildDate>
<alacra:xlsid>1017015</alacra:xlsid>
<alacra:company>UAL Corporation</alacra:company>
<language>en</language>
<generator>AlacraStore RSS Builder 1.0</generator>
<ttl>30</ttl>
<item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-30929787</link><guid isPermaLink="false">newstex/PRN-0005-30929787</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> CHICAGO, Jan. #, #### (PRNewswire-FirstCall delivered by Newstex) -- UAL Corporation (Nasdaq: UAUA), the holding company whose primary subsidiary is United Airlines, today named Michael Quiello, vice president of corporate safety, security,...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015001</newstex:cat><pubDate>1/8/2009 1:23:22 PM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18007000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19001000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19001005</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">PR Newswire US</newstex:Publication><title>United Airlines Appoints Vice Presidents for Safety, Maintenance</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">PRN-0005-30929787</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">DELTA AIR LINES INC</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">UAL CORP</newstex:index_entry_company><newstex:index_entry_person xmlns:newstex="http://www.alacra.com/newstex">JOHN P TAGUE</newstex:index_entry_person><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">DAL</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">UAUA</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/BW-0001-30920687</link><guid isPermaLink="false">newstex/BW-0001-30920687</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Jan. #, #### (Business Wire) --  Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04002000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04002006</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016005</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">07000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">07014000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">07014012</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">13000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">13010000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">13010005</newstex:cat><pubDate>1/8/2009 7:21:15 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18016000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18020000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19001000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19001010</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Business Wire</newstex:Publication><title>Zacks Analyst Blog Highlights: Georgia Gulf Corp., BioMarin Pharmaceutical Inc., Votorantim Celulose S.A., Aracruz and United Airlines.</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">BW-0001-30920687</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">BIOMARIN PHARMACEUTICAL INC</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">GEORGIA GULF CORP</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">UAL CORP</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">BMRN</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">GGC</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">UAUA</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/77059</link><guid isPermaLink="false">cs/77059</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Airlines October #### Traffic Review - PRASM Recovery Slows Domestic PRASM grew #% Y-o-Y, off from September's ##.#%. Yield growth backed off but increasing load factor compensated. 
Capacity constraint continues with domestic ASM cuts...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">77059</cs:csid><title>Airlines October 2008 Traffic Review - PRASM Recovery Slows</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">564</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">93</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">109</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1145</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">94</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">107</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">106</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1142</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1425</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">97</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">33</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Capital Structure</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><pubDate>12/10/2008 3:05:56 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">The positive industry outlook remains intact.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">77059</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/452557_pr_frame</link><guid isPermaLink="false">fitch/452557_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">UAL Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">US Airways Group, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Southwest Airlines Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">AMR Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">JetBlue Airways Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Northwest Airlines Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Continental Airlines, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">American Airlines, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">United Air lines Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Delta Air Lines, Inc.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361387</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">87396174</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80417179</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361388</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091049</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83067925</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82349495</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82391899</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091106</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361701</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361461</fitch:companyid><pubDate>12/9/2008 10:17:00 AM</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030800</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">UAUA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">LUV</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AMR</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CAL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">LCC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">JBLU</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DAL</fitch:ticker><title>Fitch: Airlines: Weakening Demand, Liquidity Pressures Cloud 2009 Industry Outlook</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">452557_pr_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/USN-0001-30173231</link><guid isPermaLink="false">newstex/USN-0001-30173231</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Dec. #, #### (US Newswire delivered by Newstex) -- To: TRANSPORTATION EDITORSContact: Elizabeth Merida, +#-###-###-####, or Victoria Day, +#-###-###-####, both of Air Transport Association  WASHINGTON, Dec. # /PRNewswire-USNewswire/...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">09000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">09015000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016008</newstex:cat><pubDate>12/5/2008 12:21:14 PM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18007000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">U.S. Newswire</newstex:Publication><title>United Airlines Chief Executive Glenn Tilton to Chair Air Transport Association Board</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">USN-0001-30173231</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">CHEVRONTEXACO CORP</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">DYNEGY INC.</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">UAL CORP</newstex:index_entry_company><newstex:index_entry_person xmlns:newstex="http://www.alacra.com/newstex">GLENN F TILTON</newstex:index_entry_person><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">CVX</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">DYN</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">UAUA</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/77470</link><guid isPermaLink="false">cs/77470</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Airlines #Q## Fleet Economics - Focus on DAL #Q## airline fleet operating costs grew ##%, and will not significantly decline until #Q. 
DAL tries to substitute ### orders for some of NWA ### deliveries to bolster its longer range international...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">77470</cs:csid><title>Airlines 2Q08 Fleet Economics - Focus on DAL</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">645</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">1145</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">107</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1371</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1301</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1302</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1542</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1445</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1425</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1142</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">109</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">97</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">93</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">106</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">94</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">33</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Capital Structure</cs:tw><pubDate>12/3/2008 10:07:02 AM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">This is a good time to review DAL's merged fleet.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">77470</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/90853</link><guid isPermaLink="false">spcred/90853</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest News from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>11/26/2008 2:58:46 AM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><title>UAL Corp.&amp;United Air Lines Rtgs Affirmed by S&amp;P</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">90853</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Airlines</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Asset-Backed Securities</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">NY -- Standard&amp;Poor's CreditWire 1/21/1999 -- Standard&amp;Poor's today affirmed its ratings on UAL Corp. and, unit, United Air Lines Inc. (see list below) The affirmation affects about $7.9 billion of securities. The outlook remains positive. UAL and America West Airlines Inc. (single-'B'-plus/Watch Pos/--) yesterday confirmed rumors that UAL is exploring a possible acquisition of America West, the nation's ninth largest airline. Such a transaction, which would almost certainly be debt financed, would have a modest negative impact on UAL's credit quality and would at a minimum result in revision of its rating outlook to stable from positive. America West's market capitalization prior to the announcements was about $900 million and it carries debt and leases of</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">902549</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">902550</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">90254Y</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20302010 203020 2030 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">UAL Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">111744</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">UAUA</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">023650</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">247367</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">24736C</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">844741</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">84474Q</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909287</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">210795</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">210798</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">210805</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">24736B</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">24736Q</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909285</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928A</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928B</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928R</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">023654</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">247361</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">84474E</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">84474Y</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909280</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909283</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">24736A</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">477122</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">84474W</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909279</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909284</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909286</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928T</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909317</spcred:index_entry_seccusip><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">20302010 203020 2030 20</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Continental Airlines Inc.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Delta Air Lines Inc.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">Southwest Airlines Co.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">United Air Lines Inc.</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">America West Airlines Inc.</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">100580</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">100654</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">102183</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">102416</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">322629</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">EUROMIDAFR</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">CAL</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">DAL</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">LUV</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">UAL1</spcred:index_entry_secticker><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">AWAQC</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">ABS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/77141</link><guid isPermaLink="false">cs/77141</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Airlines: #Q## Aircraft Cost Survey Unit fuel costs rose ##% Y-o-Y, but should decline slightly in #Q## before significant savings in #Q.Â  
Unit costs ex fuel declined sequentially from #Q##.Â  One key to positive future cash flow will...</description><title>Airlines: 2Q08 Aircraft Cost Survey</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">635</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">1301</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1145</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">94</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1445</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">107</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1302</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1542</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1425</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1142</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">109</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">97</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1371</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">93</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">106</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><pubDate>11/24/2008 10:05:00 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:csid xmlns:cs="http://www.alacra.com/cs">77141</cs:csid><cs:abstract xmlns:cs="http://www.alacra.com/cs">Unit costs ex fuel declined sequentially in 2Q08, initiating what could be positive augmentation to lower fuel costs.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">77141</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/76893</link><guid isPermaLink="false">cs/76893</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Airlines #### â€“ Life After Death EBITDAR forecasts for the next-twelve-months show the possibility of free cash flow and delvering. 
Reduced financial risk favors term debt and EETC A trances. 
Projected forward enterprise multiples...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">76893</cs:csid><title>Airlines 2009 â€“ Life After Death</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">2239</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">D</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">109</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">106</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1145</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">94</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">107</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">93</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1425</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1142</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">97</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">33</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Capital Structure</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">48</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Transcripts</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">21</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Sector Outlooks</cs:tw><pubDate>11/18/2008 11:06:00 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Mean reversion in the energy markets and continued capacity constraints boost cash flow and open the possibility of deveraging.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">76893</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/413376_report_frame</link><guid isPermaLink="false">fitch/413376_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">UAL Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Continental Airlines, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Delta Air Lines, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">US Airways Group, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">FedEx Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">JetBlue Airways Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Southwest Airlines Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">YRC Worldwide Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">CSX Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Norfolk Southern Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">AMR Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Con-Way Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Kirby Corporation</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83067925</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361387</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81388279</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81986345</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361461</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82349495</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091049</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091106</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82391899</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091748</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83589265</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82764720</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81388268</fitch:companyid><pubDate>11/12/2008 10:23:00 AM</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030800</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">275</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Special Report</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">UAUA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">LUV</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AMR</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CSX</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CNW</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">LCC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">JBLU</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">KEX</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">YRCW</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">NSC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CAL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">FDX</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DAL</fitch:ticker><title>Liquidity Focus: U.S. Transportation</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">413376_report_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/bir/308901</link><guid isPermaLink="false">bir/308901</guid><bir:index_mode xmlns:bir="http://www.alacra.com/bir">norm</bir:index_mode><title>UAL Corp.</title><bir:company xmlns:bir="http://www.alacra.com/bir">UAL Corp.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">UAL Inc.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">United Air Lines, Inc.</bir:company><bir:company xmlns:bir="http://www.alacra.com/bir">UAL Corporation</bir:company><bir:cou xmlns:bir="http://www.alacra.com/bir">United States</bir:cou><bir:descr xmlns:bir="http://www.alacra.com/bir">Transportation: Provider of scheduled passenger and air cargo services. Finance: Holding company.</bir:descr><bir:sic xmlns:bir="http://www.alacra.com/bir">4512</bir:sic><bir:ssic xmlns:bir="http://www.alacra.com/bir">6719</bir:ssic><bir:naics xmlns:bir="http://www.alacra.com/bir">481111</bir:naics><bir:snaics xmlns:bir="http://www.alacra.com/bir">551112</bir:snaics><bir:class xmlns:bir="http://www.alacra.com/bir">2</bir:class><bir:class xmlns:bir="http://www.alacra.com/bir">4</bir:class><bir:class xmlns:bir="http://www.alacra.com/bir">17</bir:class><bir:size xmlns:bir="http://www.alacra.com/bir">I</bir:size><bir:revenue xmlns:bir="http://www.alacra.com/bir">M</bir:revenue><bir:ticker xmlns:bir="http://www.alacra.com/bir">UAUA</bir:ticker><pubDate>11/12/2008 6:17:26 AM</pubDate><bir:docid xmlns:bir="http://www.alacra.com/bir">308901</bir:docid><category>Company Profiles &amp; Financials</category><alacra:ip>Gale Company Profiles</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/BW-0001-29077843</link><guid isPermaLink="false">newstex/BW-0001-29077843</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Oct. ##, #### (Business Wire) --  Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this weekaÂ€Â™s analysis includes Allegiant Travel Company (Nasdaq: ALGT), JetBlue (Nasdaq: JBLU), Southwest Airlines (NYSE: LUV),...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04009000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016048</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016018</newstex:cat><pubDate>10/30/2008 1:24:24 PM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18024000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18008000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18004000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Business Wire</newstex:Publication><title>Zacks Industry Rank Analysis Highlights: Allegiant Travel Company, JetBlue, Southwest Airlines, UAL Corporation and U.S. Airways</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">BW-0001-29077843</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">ALLEGIANT TRAVEL CO</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">SOUTHWEST AIRLINES CO</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">UAL CORP</newstex:index_entry_company><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">US AIRWAYS GROUP INC</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">ALGT</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">LCC</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">LUV</newstex:index_entry_ticker><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">UAUA</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/75593</link><guid isPermaLink="false">cs/75593</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> United Airlines #Q## - Second Global Demand Slowdown Datapoint Repricing the currently underwater hedge portfolio dominated the income statement with non cash charges.Â  
Demand is declining across the network, causing Atlantic and Pacific...</description><cs:abstract xmlns:cs="http://www.alacra.com/cs">Demand is slowing all over the network.</cs:abstract><cs:csid xmlns:cs="http://www.alacra.com/cs">75593</cs:csid><title>United Airlines 3Q08 - Second Global Demand Slowdown Datapoint</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">963</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">94</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">68</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Earnings Reports - Industrials/Consumer</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><pubDate>10/22/2008 1:05:00 AM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:docid xmlns:cs="http://www.alacra.com/cs">75593</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/75516</link><guid isPermaLink="false">cs/75516</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Airlines September #### Traffic Review - Very Positive PRASM and ASM Trends Domestic PRASM jumped ##% Y-o-Y on a ##.#% yield increase. 
Almost every airline cut domestic capacity, down -#% in total. 
LatAm is strong, but demand weakness...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">75516</cs:csid><title>Airlines September 2008 Traffic Review - Very Positive PRASM and ASM Trends</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">748</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">1301</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1145</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">94</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">715</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">107</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1302</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1542</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1439</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1425</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1142</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">109</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">97</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1371</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">93</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">106</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><pubDate>10/21/2008 10:05:06 PM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Capacity cuts and PRASM growth propel the industry into the economic and demand uncertainties of 2009.</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">75516</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-28898401</link><guid isPermaLink="false">newstex/PRN-0005-28898401</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> CHICAGO, Oct. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- UAL Corporation (Nasdaq: UAUA), the holding company whose primary subsidiary is United Airlines, reported a third quarter net loss of $### million or $### million,...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04019000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">01000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">01021000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">11000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">11002000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016018</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016048</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016013</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04017000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04017002</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04006000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04006001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04005012</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04011000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04011001</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04009000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04009002</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">13000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">13002000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">13002002</newstex:cat><pubDate>10/21/2008 9:24:42 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18004000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18008000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18023000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18003000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18001000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18005000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18015000</newstex:event><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19000000</newstex:geo><newstex:geo xmlns:newstex="http://www.alacra.com/newstex">19001000</newstex:geo><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">PR Newswire US</newstex:Publication><title>UAL Corporation Reports Third Quarter 2008 Results</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">PRN-0005-28898401</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">UAL CORP</newstex:index_entry_company><newstex:index_entry_person xmlns:newstex="http://www.alacra.com/newstex">GLENN F TILTON</newstex:index_entry_person><newstex:index_entry_person xmlns:newstex="http://www.alacra.com/newstex">JOHN P TAGUE</newstex:index_entry_person><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">UAUA</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/410266_report_frame</link><guid isPermaLink="false">fitch/410266_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">JetBlue Airways Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Continental Airlines, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Delta Air Lines, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Southwest Airlines Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">UAL Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">AMR Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">US Airways Group, Inc.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">83067925</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82349495</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">82391899</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361461</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091106</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80091049</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80417179</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80361387</fitch:companyid><pubDate>10/15/2008 2:17:00 PM</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030800</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">275</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Special Report</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DAL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CAL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AMR</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">LCC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">LUV</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">UAUA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">JBLU</fitch:ticker><title>Airline Credit Navigator -- Fall 2008</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">410266_report_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-28714805</link><guid isPermaLink="false">newstex/PRN-0005-28714805</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> CHICAGO, Oct. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- UAL Corporation (Nasdaq: UAUA), the holding company whose primary subsidiary is United Airlines, announced today that the company will release its third quarter ####...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016048</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016018</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04015001</newstex:cat><pubDate>10/14/2008 12:22:58 PM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18008000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18004000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">PR Newswire US</newstex:Publication><title>UAL Corporation Announces Date of Third Quarter 2008 Earnings Release and Webcast</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">PRN-0005-28714805</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">UAL CORP</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">UAUA</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/675539</link><guid isPermaLink="false">spcred/675539</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Full Report from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>10/7/2008 6:25:00 PM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">400</spcred:price><title>UAL Corp.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">675539</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Airlines</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">Extensive and well-positioned route network, providing good revenue-generating potential, particularly on international routes; and Reduced operating costs, mostly as a result of labor concessions, and reduced burden of financial obligations because of debt reduction and termination of defined-benefit pension plans in bankruptcy. Participation in the cyclical, price-competitive, and capital-intensive airline industry; Near-term pressure on earnings due to high fuel prices and weakening global economy; A still-substantial overall debt and lease burden, despite reductions in bankruptcy, and a highly leveraged financial profile; Limited financial flexibility (the company relies almost entirely on cash reserves, as a high proportion of assets are encumbered). The 'B-' long-term corporate credit rating on UAL Corp. reflects participation of its major operating subsidiary, United Air Lines Inc.,</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">902549</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">902550</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">90254Y</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20302010 203020 2030 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">UAL Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">111744</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">UALAQ</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">FULL</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">CYM</spcred:index_entry_seccountry><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909284</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928A</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928B</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928R</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">00922K</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909279</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909285</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909287</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909283</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909317</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">477122</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909280</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909286</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928T</spcred:index_entry_seccusip><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">20302010 203020 2030 20</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">AIR 2 US LLC</spcred:index_entry_secissuer><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">United Air Lines Inc.</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">102416</spcred:index_entry_secissuerid><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">338848</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">LATAMERICA</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_secreg><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">UAL1</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/675542</link><guid isPermaLink="false">spcred/675542</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Summary from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>10/7/2008 6:25:00 PM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Summary: UAL Corp.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">675542</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Airlines</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Financial Institutions</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The 'B-' long-term corporate credit rating on UAL Corp. reflects participation of its major operating subsidiary, United Air Lines Inc., in the price-competitive, cyclical, and capital-intensive airline industry; high fuel costs, which may prove increasingly difficult to recover through fare hikes in a softening U.S. economy; and a highly leveraged financial profile. These weaknesses are mitigated by United's extensive and well-positioned route system (which provides good revenue potential, especially on international routes) and by reductions in labor costs and financial obligations (debt, leases, and pensions) achieved in bankruptcy reorganization. Standard&amp;Poor's Ratings Services' downgrade of UAL and United (both rated B-/Negative/--) on July 25, 2008, reflected expected heavy losses and sharply reduced operating cash flow caused by high and</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">902549</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">902550</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">90254Y</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">20302010 203020 2030 20</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">UAL Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">111744</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">UALAQ</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_seccountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_seccountry><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909284</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909286</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909287</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909283</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909285</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928A</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">477122</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928T</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909279</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909280</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928B</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">90928R</spcred:index_entry_seccusip><spcred:index_entry_seccusip xmlns:spcred="http://www.alacra.com/spcred">909317</spcred:index_entry_seccusip><spcred:index_entry_secgics xmlns:spcred="http://www.alacra.com/spcred">20302010 203020 2030 20</spcred:index_entry_secgics><spcred:index_entry_secissuer xmlns:spcred="http://www.alacra.com/spcred">United Air Lines Inc.</spcred:index_entry_secissuer><spcred:index_entry_secissuerid xmlns:spcred="http://www.alacra.com/spcred">102416</spcred:index_entry_secissuerid><spcred:index_entry_secreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_secreg><spcred:index_entry_secticker xmlns:spcred="http://www.alacra.com/spcred">UAL1</spcred:index_entry_secticker><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">FI</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Transportation</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/cs/74742</link><guid isPermaLink="false">cs/74742</guid><cs:index_mode xmlns:cs="http://www.alacra.com/cs">norm</cs:index_mode><description> Airlines - #Q## Fleet Economics Industry aircraft operating unit costs grew ##% Y-o-Y on a ##% jump in fuel and #% in maintenance.Â  
Network carriers removing older narrowbodies must balance traffic connecting through hubs onto profitable...</description><cs:csid xmlns:cs="http://www.alacra.com/cs">74742</cs:csid><title>Airlines - 1Q08 Fleet Economics</title><cs:wcnum xmlns:cs="http://www.alacra.com/cs">586</cs:wcnum><cs:ft xmlns:cs="http://www.alacra.com/cs">Yes</cs:ft><cs:wc xmlns:cs="http://www.alacra.com/cs">C</cs:wc><cs:type xmlns:cs="http://www.alacra.com/cs">0</cs:type><cs:typew xmlns:cs="http://www.alacra.com/cs">Article</cs:typew><cs:company xmlns:cs="http://www.alacra.com/cs">1301</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1145</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">107</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">715</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1302</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1542</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1445</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1371</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1425</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">1142</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">109</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">97</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">93</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">106</cs:company><cs:company xmlns:cs="http://www.alacra.com/cs">94</cs:company><cs:DS xmlns:cs="http://www.alacra.com/cs">corp</cs:DS><cs:DS xmlns:cs="http://www.alacra.com/cs">hy</cs:DS><cs:industry xmlns:cs="http://www.alacra.com/cs">34</cs:industry><cs:cstopic xmlns:cs="http://www.alacra.com/cs">42</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">High Yield</cs:tw><cs:cstopic xmlns:cs="http://www.alacra.com/cs">33</cs:cstopic><cs:tw xmlns:cs="http://www.alacra.com/cs">Capital Structure</cs:tw><pubDate>9/30/2008 1:05:00 AM</pubDate><cs:price xmlns:cs="http://www.alacra.com/cs">150</cs:price><cs:abstract xmlns:cs="http://www.alacra.com/cs">Fleet rationalization is just not "get rid of the old planes".</cs:abstract><cs:docid xmlns:cs="http://www.alacra.com/cs">74742</cs:docid><category>Credit &amp; Investment Research</category><alacra:ip>CreditSights</alacra:ip></item></channel></rss>