United Airlines 2009 Annual Report Download - page 32

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Table of Contents
Details of the Regional Affiliates operating fleet that are operated under capacity purchase lease agreements as of December 31, 2009, are provided in the
following table:
Aircraft Type
Average
No. of Seats Total
Bombardier CRJ200 50 91
Bombardier CRJ700 66 108
De Havilland Dash 8 37 7
Embraer EMB 120 30 12
Embraer ERJ 145 50 36
Embraer EMB170 70 38
Total Operating Fleet 292
All of the Bombardier CRJ700 and Embraer EMB170 aircraft are equipped with explusSM seating. For additional information on aircraft leases, see
Note 14, “Lease Obligations,” in the Footnotes.
Ground Facilities
United is a party to various leases relating to its use of airport landing areas, gates, hangar sites, terminal buildings and other airport facilities in most of the
municipalities it serves. Major terminal facility leases expire at SFO in 2011 and 2013, Washington Dulles in 2014, O’Hare in 2018, LAX in 2019 and Denver in
2025. The Company also leases approximately 250,000 square feet of office space through 2022 for its corporate headquarters in downtown Chicago.
The Company also owns a 66.5-acre complex in suburban Chicago consisting of more than 1 million square feet of office space for its operations center, a
computer operations facility and a training center (collectively the “Current Operations Center”). During 2009, the Company conducted an extensive review of
multiple sites in the Chicago area and selected the Willis Tower (formerly the Sears Tower) as the new location of the Current Operations Center, offering much
improved workspaces, technology and other resources. United expects to occupy approximately 460,000 square feet within the Willis Tower by 2011. The
Company’s rental obligations and initial possession of a portion of the premises are expected to commence in late 2010. The lease has an initial 15-year term
with renewal options. The Company plans to sell the Current Operations Center as part of the Willis Tower relocation plan.
United also owns a flight training center in Denver which accommodates 36 flight simulators and more than 90 computer-based training stations, as well
as a crew hotel in Honolulu which is mortgaged.
During 2009, the Company entered into an amendment to its O’Hare cargo building site lease with the City of Chicago. The Company agreed to vacate its
current cargo facility at O’Hare to allow the land to be used for the development of a future runway. The Company received approximately $160 million from the
City of Chicago in accordance with the terms of the lease amendment. In addition, under the lease amendment the City of Chicago will provide the Company
with another site at O’Hare upon which a replacement cargo facility could be constructed.
The Company’s maintenance operation center at SFO occupies 130 acres of land, 2.9 million square feet of floor space and nine aircraft hangar bays under
a lease expiring in 2013. The Company has options to renew the lease through 2023.
United continues to lease and operate a number of administrative, reservations, sales and other support facilities worldwide. United continuously evaluates
opportunities to reduce or modify facilities occupied at its airports and off-airport locations.
A substantial amount of the Company’s assets have been pledged as collateral as discussed in Note 11, “Debt Obligations and Card Processing
Agreements,” in the Footnotes.
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