About: Avolar (UAL Corporation subsidiary)

An Entity of Type: agent, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

Avolar (United BizJet Holding, Inc.) was United Airlines' attempt to enter the Fractional Jets market, which had until then been dominated by Netjets. On April 26, 2001, United Airlines said that it was "considering new services to lure high-end travelers out of delayed and crowded airliners and into smaller, more convenient business jets." According to Aviation Week, Avolar was "the first-ever affiliate of a major airline to enter the fractional fray." According to an article in airlineforecasts.com Avolar had a total of 306 aircraft ordered up until February 2002.

Property	Value
dbo:abstract	Avolar (United BizJet Holding, Inc.) was United Airlines' attempt to enter the Fractional Jets market, which had until then been dominated by Netjets. On April 26, 2001, United Airlines said that it was "considering new services to lure high-end travelers out of delayed and crowded airliners and into smaller, more convenient business jets." According to Aviation Week, Avolar was "the first-ever affiliate of a major airline to enter the fractional fray." According to an article in airlineforecasts.com Avolar had a total of 306 aircraft ordered up until February 2002. However, after being in existence for less than one year as a UAL subsidiary, and before its first commercial flight, Avolar was shut down by the parent company, UAL Corporation. In a statement issued on March 22, 2002, United Airlines stated that the then "economic downturn and post-Sept. 11 drop in demand made this venture unprofitable." Financially, in connection with the closing of Avolar, UAL recorded a charge of $82 million in the first quarter 2002, which represented advance payments on aircraft purchases, severance costs, termination fees and expenses in support of the business and its shutdown. (en)
dbo:closingDate	2002-03-02 (xsd:date)
dbo:formationDate	2001-04-21 (xsd:date)
dbo:icaoAirlineCode	VLX
dbo:industry	dbr:Air_Transport
dbo:parentCompany	dbr:United_Airlines
dbo:targetAirport	dbr:Las_Vegas_Airport
dbo:wikiPageID	10840378 (xsd:integer)
dbo:wikiPageLength	3315 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID	992308695 (xsd:integer)
dbo:wikiPageWikiLink	dbr:List_of_defunct_airlines_of_the_United_States dbr:United_Airlines dbc:American_companies_established_in_2001 dbc:American_companies_disestablished_in_2002 dbc:United_Airlines dbc:Airlines_based_in_Nevada dbr:UAL_Corporation dbc:Airlines_established_in_2001 dbc:Defunct_airlines_of_the_United_States dbc:Airlines_disestablished_in_2002 dbr:Aviation_Week dbr:September_11,_2001_attacks dbr:Netjets dbr:Fractional_Jets dbr:Las_Vegas_Airport
dbp:airline	Avolar (en)
dbp:bases	dbr:Las_Vegas_Airport
dbp:ceased	2002-03-02 (xsd:date)
dbp:founded	2001-04-21 (xsd:date)
dbp:icao	VLX (en)
dbp:parent	dbr:United_Airlines
dbp:wikiPageUsesTemplate	dbt:End_date dbt:Portalbar dbt:Reflist dbt:Start_date dbt:Airlines_of_the_United_States dbt:Infobox_airline dbt:US-airline-stub
dcterms:subject	dbc:American_companies_established_in_2001 dbc:American_companies_disestablished_in_2002 dbc:United_Airlines dbc:Airlines_based_in_Nevada dbc:Airlines_established_in_2001 dbc:Defunct_airlines_of_the_United_States dbc:Airlines_disestablished_in_2002
gold:hypernym	dbr:United
rdf:type	owl:Thing dbo:Company schema:Organization dul:Agent dul:SocialPerson dbo:Agent wikidata:Q24229398 wikidata:Q43229 wikidata:Q4830453 wikidata:Q46970 dbo:PublicTransitSystem yago:WikicatCompaniesDisestablishedIn2002 yago:WikicatCompaniesEstablishedIn2001 yago:WikicatUnitedAirlines yago:Abstraction100002137 yago:Airline102690081 yago:Business108061042 yago:Carrier108057633 yago:Company108058098 yago:Enterprise108056231 yago:Group100031264 yago:Institution108053576 yago:Line103671473 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity dbo:Organisation dbo:Airline yago:SocialGroup107950920
rdfs:comment	Avolar (United BizJet Holding, Inc.) was United Airlines' attempt to enter the Fractional Jets market, which had until then been dominated by Netjets. On April 26, 2001, United Airlines said that it was "considering new services to lure high-end travelers out of delayed and crowded airliners and into smaller, more convenient business jets." According to Aviation Week, Avolar was "the first-ever affiliate of a major airline to enter the fractional fray." According to an article in airlineforecasts.com Avolar had a total of 306 aircraft ordered up until February 2002. (en)
rdfs:label	Avolar (UAL Corporation subsidiary) (en)
owl:sameAs	freebase:Avolar (UAL Corporation subsidiary) yago-res:Avolar (UAL Corporation subsidiary) wikidata:Avolar (UAL Corporation subsidiary) https://global.dbpedia.org/id/4ULRS
prov:wasDerivedFrom	wikipedia-en:Avolar_(UAL_Corporation_subsidiary)?oldid=992308695&ns=0
foaf:isPrimaryTopicOf	wikipedia-en:Avolar_(UAL_Corporation_subsidiary)
foaf:name	Avolar (en)
is dbo:wikiPageRedirects of	dbr:United_BizJet_Holding dbr:Avolar(United_Bizjet) dbr:Avolar_(United_Bizjet) dbr:United_BizJet_Holding_Inc.
is dbo:wikiPageWikiLink of	dbr:List_of_defunct_airlines_of_the_United_States_(A–C) dbr:United_BizJet_Holding dbr:Avolar(United_Bizjet) dbr:Avolar_(United_Bizjet) dbr:United_BizJet_Holding_Inc.
is foaf:primaryTopic of	wikipedia-en:Avolar_(UAL_Corporation_subsidiary)