The Travel Trolley
A merger between United Airlines and Continental Airlines appears to be imminent, according to a number of media outlets.
Both The Associated Press and The Wall Street Journal, among other outlets, reported the boards of both airlines approved the merger. An official announcement is expected Monday.
“These two companies coming together was kismet,” Business Week quoted Ray Neidl, an independent airline analyst, as saying. “It was destined to happen because this creates truly a worldwide system. They need the market size to effectively compete.”
The two airlines nearly merged previously, but that deal fell through just prior to completion. The new airline is expected to retain the United name and remain headquartered in Chicago
