Results tagged “unitedairlines”

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.

Consolidation talks in the airline industry have reached Houston's Continental Airlines, The New York Times reports today: According to sources close to the companies, Continental and United Airlines are in preliminary merger talks because neither wants to be left at a disadvantage by a possible consolidation of US Airways and Delta Air Lines. The Times reports that Glenn Tilton and Larry Kellner, the CEOs of United and Continental, have met in person to talk about...