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Siding with the airlines over objections from the Department of Justice, the Transportation Department on Friday granted Continental Airlines Inc. antitrust immunity to coordinate trans-Atlantic service with its Star Alliance partners.Continental last year had requested approval to coordinate its operations with Star airlines, a group that includes UAL Corp.'s (NADAQ:UAUA)...
Posted on July 10, 2009 2:28 PM
The proposed alliance between Continental Airlines Inc. and United Airlines Inc. has hit a speed bump: The Justice Department has requested time to consider the partnership.United and Continental won approval from the Department of Transportation in April to coordinate their international schedules as part of the international Star Alliance. The...
Posted on June 18, 2009 3:45 PM
US Airways Group Inc. CEO Doug Parker on Wednesday renewed his call for further consolidation of the airline industry, saying domestic carriers need to contract if the business is to stay viable and make money in downturns.Parker, speaking at the company's annual meeting in New York, praised the 2008 merger...
Posted on June 11, 2009 4:15 PM
Pilots at UAL Corp.'s (NASDAQ:UAUA) United Airlines Inc. opened a new front in their war with management on Tuesday, urging the Obama administration and Congress to delay the scheduled May 31 granting of antitrust immunity to United's partnership with Continental Airlines Inc. (NYSE:CAL) so that pilots can have a chance...
Posted on May 19, 2009 4:50 PM
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