United OKd for Washington-China flight |
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Fri, 09 Feb 2007 00:49 |
WASHINGTON (AFX) - United Airlines said Thursday it would start the first nonstop daily flight between Washington and Beijing next month, with tickets going on sale Saturday.United said it received a final OK from the Department of Transportation, giving UAL Corp.'s United a route coveted by executives and government officials and potentially worth $200 million a year. Flights between Washington Dulles International Airport and Beijing Capital International Airport are scheduled to start March 28.The government last month tentatively gave United permission to start direct service to China. United beat out AMR Corp.'s American Airlines, which sought to fly between Dallas/Fort Worth and Beijing; Continental Airlines Inc., which applied for service between Newark, N.J., and Shanghai; and Northwest Airlines Corp., which applied for Detroit-Shanghai service.Subject to Chinese government approval, United plans one round-trip flight per day.Shares of United declined 46 cents to close at $44.90 on the Nasdaq, where the stock has traded between $21.90 and $51.57 over the past 52 weeks.Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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