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United Air Lines Incorporated, founded in 1926 and based in Chicago, offers travelers flights to over 200 destinations in 26 countries. The airline's United Express (R) unit manages a connecting flight network. Ted (SM) is a low-cost carrier that offers consumers flights to Los Angeles, New Orleans, Ontario, and other popular destinations. The firm, through its Star Alliance affiliation, partners with Lufthansa, Air Canada, US Airways, and other international carriers in providing travelers with flights to over 795 destinations in 139 countries. The company's United Cargo (R) division handles freight and mail shipping operations. United Air Lines declared Chapter 11 bankruptcy in 2002. In 2004, the company and its Ted unit served over 245,000 passengers daily. United Air Lines carried almost 80 million passengers in 2004. The company employs 61,200 people worldwide. In 2004, it had total revenues of $16.4 billion and a net loss of $1.6 billion. Since 1994, the majority of the firm's stock has been held by its employees.
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Information Sources, Inc.