United Airlines close down its Avolar fractional business jet unit.

United Airlines close down its Avolar fractional business jet unit, stating that the economic downturn and post-Sept 11 pendant in demand made it unprofitable. The March 22 action followed UAL's announcement that it would not betray control of Avolar to private equity investors and would cease further investment.
Separately, UAL said it is recalling 1300 ramp service,

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