Results tagged “merger”

By now, you've probably heard the news that Houston-based Continental Airlines has decided not to merge with another carrier right away — but, of course, that doesn't mean Continental won't look into a deal down the road. "We have significant cultural, operational and financial strengths compared to the rest of the industry, and we want to protect and enhance those strengths — which we believe would be placed at risk in a merger with another carrier in today's environment," Continental CEO and Chairman Larry Kellner said in a message to employees Sunday.