United Aircraft and Transport Corporation
Company type | Holding company |
---|---|
Industry | Boeing Airplane Company |
Headquarters | , United States of America |
The United Aircraft and Transport Corporation was formed in 1929, when
William Boeing of Boeing Airplane & Transport Corporation teamed up with Frederick Rentschler of Pratt & Whitney to form a large, vertically integrated, amalgamated firm, uniting business interests in all aspects of aviation—a combination of airframe and aircraft engine manufacturing and airline business, to serve all aviation markets, both civil aviation (cargo, passenger, private, air mail) and military aviation
.
The holding company controlled the stock of several United Equipment Companies, including the
William Boeing as chairman, Frederick Rentschler as president, and Chance M. Vought, Philip G. Johnson, and George Wheat as vice presidents.[1]
The Standard Steel Propeller Company were added to United's portfolio shortly thereafter, followed by several airlines also brought into the fold. The airline interests were soon grouped under a new management company known as United Air Lines, Inc. However, the individual airlines (as well as the individual companies held by United) continued to operate under their own names.
After the
.References
Notes
- ^ United Aircraft & Transport Corporation First Annual Report to Stockholders fro the year ended December 31, 1929. New York. 1929.
{{cite book}}
: CS1 maint: location missing publisher (link) - ISBN 978-1-4000-6964-4.
Bibliography
- Fernandez, Ronald (1983), Excess Profits: The Rise of United Technologies, Boston: Addison-Wesley, ISBN 9780201104844.
- OCLC 488208.