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| | It's Ted! - Nov. 12, 2003 |
 | | United Airlines confirmed Wednesday that it has named its new low-cost air carrier "Ted," the last three letters of its United name, and that it will unveil the new airline next week. |
 | | Ted will provide reserved seating and an economy plus section, two offerings not available on some other low-cost airlines, like Southwest (LUV: up $0.27 to $18.68, Research, Estimates), the company said. |
 | | Ted, United, and United Express are all owned by corporate parent UAL Corp., which is operating under bankruptcy court protection. |
| money.cnn.com /2003/11/12/news/companies/united_ted (335 words) |
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