-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Kb8TDJaSyIHxqSrL/BL5J9iiUEDptTjQRHra6d2mVLaJgKMI3HCwO09Pu17vWS7a +LbW3GH/vkM09ypRLbBPRw== 0000100517-99-000031.txt : 19991020 0000100517-99-000031.hdr.sgml : 19991020 ACCESSION NUMBER: 0000100517-99-000031 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991019 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991019 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UAL CORP /DE/ CENTRAL INDEX KEY: 0000100517 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 362675207 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-06033 FILM NUMBER: 99730583 BUSINESS ADDRESS: STREET 1: 1200 ALGONQUIN ROAD CITY: ELK GROVE TOWNSHIP STATE: IL ZIP: 60007 BUSINESS PHONE: 8477004000 MAIL ADDRESS: STREET 1: 1200 ALGONQUIN ROAD CITY: ELK GROVE TOWNSHIP STATE: IL ZIP: 60007 FORMER COMPANY: FORMER CONFORMED NAME: ALLEGIS CORP DATE OF NAME CHANGE: 19880613 FORMER COMPANY: FORMER CONFORMED NAME: UAL INC DATE OF NAME CHANGE: 19870517 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: October 19, 1999 --------------------------------- (Date of earliest event reported) UAL CORPORATION ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 1-6033 36-2675207 - ---------------------------- ------------ ------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 1200 Algonquin Road, Elk Grove Township, Illinois 60007 - ------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (847) 700-4000 -------------- Not Applicable -------------- (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS. ------------ UAL Corporation (the "Company") is filing herewith a press release issued by the Company as Exhibit 99.1 which is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. --------------------------------- Exhibit No. Description - ---------- ----------- 99.1 Press Release SIGNATURES ---------- Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UAL CORPORATION By: /s/ Francesca M. Maher ---------------------- Name: Francesca M. Maher Title: Senior Vice President, General Counsel & Secretary Dated: October 19, 1999 EX-99.1 2 Exhibit 99.1 ------------ UAL CORPORATION ANNOUNCES STRATEGIC INVESTMENT IN AIR CANADA UAL and Deutsche Lufthansa AG to provide financial package of up to Cdn$730 million for Air Canada Air Canada, United Airlines and Lufthansa strengthen Star Alliance agreements CHICAGO, October 19, 1999 - UAL Corporation (NYSE: UAL) announced today that it and Deutsche Lufthansa AG have agreed to provide a financial package of up to Cdn$730 million for Air Canada and will amend their alliance agreements to solidify Air Canada's place in Star Alliance, a partnership of the world's leading airlines. UAL's investment will be made through the purchase of Air Canada non-voting convertible preferred shares, an aircraft sale and leaseback agreement and a guaranteed credit facility. "We're pleased to announce this agreement which supports Canada's leading airline," said James E. Goodwin, Chairman and Chief Executive Officer of UAL Corporation and United Airlines. "Air Canada is an extremely important member of Star Alliance. This agreement will ensure that the customers we mutually serve will continue to benefit from the extensive travel network created by our alliance." Under the agreement announced today, UAL and Lufthansa will: - Through a joint venture, take up Air Canada's newly-issued perpetual convertible preferred shares in the amount of Cdn$230 million. The joint venture will be held 60 per cent by Lufthansa and 40 per cent by UAL. - Amend their code-share and other agreements with Air Canada by, among other things, extending their term until the end of 2009. -more- -2- In addition, UAL Corporation will: - Purchase from, and lease back to, Air Canada three Airbus A330 aircraft, for which UAL will invest approximately Cdn$190 million. - Commit to guarantee a Cdn$160 million credit facility for Air Canada. Lufthansa also plans to make a credit facility available for Air Canada. UAL Corporation is the holding company whose primary subsidiary is United Airlines. United is the world's largest airline, and the largest majority-employee owned company in the United States. It operates more than 2,400 daily flights on a route network that spans the globe. Star Alliance was established in May, 1997. It brings together some of the world's leading airlines in a partnership designed to provide customers with the benefits of global reach and seamless travel. Current members are: Air Canada, Air New Zealand, All Nippon Airways, Ansett Australia, Lufthansa, Scandinavian Airlines System - SAS, Thai Airways International, United Airlines and Varig Brazilian Airlines. Joining Star in future will be the Austrian Airlines Aviation Group, Mexicana Airlines and Singapore Airlines. -----END PRIVACY-ENHANCED MESSAGE-----