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After this, a variety of air transport holding companies began, including Aviation Corporation. The air transport division of the company was called American Airways and later grew to become American Airlines, one of the largest commercial carriers in the United States. In 1928, what was to become another leading air transport company was created as a holding company by Boeing and its air transport division, United Aircraft and Transportation Corporation. In 1931 the four air transport divisions of United Aircraft became United Airlines.
Overview of Airline Industry
Air travel grew at a rapid pace until 2001, expanding from 172 million passengers in 1970 to nearly 642 million in 2003...
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