GS Yuasa Corp., the maker of lithium- ion batteries for Boeing Co.’s 787 Dreamliner, rose by the most in more than four years after United Airlines, the only U.S. operator of the plane, resumed flights yesterday.
Boeing Co.’s 787 Dreamliner cleared another hurdle in restoring its image as United Airlines, the only U.S. operator, resumed flights today after the jet’s lithium-ion battery flaws forced a three-month grounding.
The future chief executive officer of the world’s biggest airline once surprised his old boss on a Houston highway by pulling alongside in his Infiniti as they were each doing about 130 miles per hour.
United Continental Holdings Inc. Chief Executive Officer Jeff Smisek said the company had made “significant progress” as it integrates operations following an October combination that created the world’s largest airline.
Doug Parker, returning to the carrier where he began his career, has a vision: He sees American Airlines vaulting to the top of the industry’s major financial benchmarks just three years after the merger he orchestrated with US Airways Group Inc.
Continental Airlines Inc. Chief Executive Officer Jeff Smisek defended a proposed merger with UAL Corp. , testifying in federal court that combining the airlines will “increase our revenue and decrease our costs.”