United Airlines signs 5-year Coke deal |
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Mon, 30 Apr 2007 23:24
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CHICAGO (AP) - United Airlines said Monday it signed a five-year deal for Coca-Cola Co. to be its primary soft drink provider, effective Tuesday.Financial terms were not disclosed.Under the deal, United will offer Coca-Cola products on board its flights, as well as in airport lounges and offices later this year.Shares of United's parent, UAL Corp. fell 61 cents to close at $33.40 on the Nasdaq Stock Market.Coca-Cola added 13 cents to finish at $52.19 on the New York Stock Exchange, after hitting a new 12-month peak of $52.35 earlier in the session. Previously, the stock had traded in a 52-week range of $41.80 to $52.23.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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United adds $10 fee for L.A. flights 