Wednesday, April 11, 2007

UPDATE 1-United Airlines to add $10 surcharge on LA flights

(Reuters) - In December, Los Angeles World Airports raised the rent for all LAX airlines to finance airport upgrades. United, the largest airline at LAX, said it would pay an additional $10 million annually and that it believed the increase was in clear violation of its long-term lease agreement with LAWA.

United, a unit of UAL Corp. , said it had joined several other airlines in a lawsuit against LAWA. A spokesman for LAWA was not immediately available for comment.


Read more at Reuters.com Bonds News

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