Entries tagged "Continental"
The parent of United Airlines Inc. walked away from the altar on Thursday, abandoning merger talks with US Airways Group Inc. in favor of pursuing an alliance with Continental Airlines Inc. US Airways and United parent UAL Corp. since late April had been in discussions about a potential deal that could have cut significant capacity out of their combined route network, a step toward the airlines regaining pricing power in the face of climbing fuel prices. ...
The Wall Street Journal discovers the ingredients for gurudom: thin, trendy and obvious. And M&A reporters offer dueling punditry.
Followers of Delta Air Lines Inc.'s drawn-out negotiation to buy Northwest Airlines Corp., which played out for more than two months before an announcement was made, know all too well the danger of putting too much stock in airline gossip. But the rumor mill was churning again on Friday with talk of potential dealmaking involving United Airlines parent UAL Corp. and US Airways Group Inc....
Delta Air Lines Inc. and Northwest Airlines Corp. have finally reached a deal to combine into the world's largest carrier, and now it seems the airlines' top competitors, Continental Airlines Inc. and and United Air Lines Inc. also may be in merger talks. This has, of course, prompted a lot of discussion in the blogosphere, social networks and chat rooms. ...
While Delta Air Lines Inc. and Northwest Airlines Corp. management wait on their pilots to reach an agreement before announcing their merger, the rest of the industry is beginning to line up like planes on a runway to take flight with their own mergers. United Air Lines Inc. and Continental Airlines Inc. are deep in talks toward a combination that would quickly surpass Delta-Northwest as the world's biggest airline, according to sources. Like Delta-Northwest, a United-Continental deal could include monetary support from a European partner, in this case Deutsche Lufthansa AG, and would combine United's strengths across the Pacific with...
