Market Screener and Reuters (David Shepardson and Rajesh Kumar Singh) is reporting that United Airlines is purchasing land in Denver, near Denver International Airport as part of its growth strategy. Below is an excerpt and a link to the full article.
The Chicago-based U.S. airline said it plans to use “part of this land as the site for the expansion of our world-class Denver pilot training facility.”
Asked if United could use the land to move its corporate headquarters, a United spokeswoman said, “The land in Denver gives us options for the future as we implement our big plans to grow.”
United is acquiring two parcels, including one just outside Denver International Airport with access to its Flight Training Center.
United added that it has “been in Chicago for decades and have thousands of employees here” and that the airline has an immediate need to expand its Flight Training Center.
You can read the full article at Market Screener