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Looks like Continental and United Airlines are merging

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Fleshdancer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-03-10 12:52 PM
Original message
Looks like Continental and United Airlines are merging
Received a link for this in my email just moments ago:

http://www.unitedcontinentalmerger.com/combined-company

United Airlines and Continental Airlines have agreed to a merger of equals, creating the world’s leading airline featuring superior service to customers, expanded access to an unparalleled global airline network, improved long-term career prospects for employees, and a platform for improved profitability and sustainable long-term value for shareholders.

The all-stock merger of equals brings together two of the world’s premier airlines, creating a combined company well-positioned to succeed in an increasingly competitive global and domestic aviation industry.



For all you airline industry experts on DU, I would love to hear your opinion on this merger. Good? Bad? Neither? Another "too big to fail" type thing?

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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-03-10 12:56 PM
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1. Given that corporations are people now, are we supposed to send a wedding gift?
There are fewer and fewer airline companies out there than there were several years ago. I'm not comforted by this news.
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