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United and Continental to Combine Flying Forces

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Posted on May 3, 2010
United plane
Flickr / Moto@Club4AG

Two major commercial airlines—United and Continental—announced on Monday that they are merging to form the world’s biggest air carrier, which is to be called (drum roll) ... United Airlines. But in a super-creative twist, the newly rebranded fleet will sport Continental’s colors while taking United’s name. A modern marriage, to be sure.  —KA

BBC:

After the deal was announced shares of both firms rose in morning trading in New York.

United’s parent UAL Corporation saw its shares rise by 62 cents, or 2.9% to $22.22, while Continental shares were up 63 cents, or 2.8%, to $22.98.

Although United is seen as the dominant partner, the merger was described as “a merger of equals”.

Together United and Continental currently fly to 370 destinations worldwide, flying 144 million passengers a year.

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By Question Authority, May 5, 2010 at 8:38 am Link to this comment
(Unregistered commenter)

So UA and CO are going to merge to create the largest, worst airline in the world? Good luck with that. Airline history is littered with the wreckage of failed airline mergers and broken promises. Only the C-level executives gain when airlines merge. The employees get the shaft… BOHICA, guys. If you have the seniority to retire, do so. You’re doomed, otherwise. UA’s doomed, “we hate everyone, especially passengers” corporate “culture” will absorb your good culture like a paper towel wipes up a spill.

Sorry to see it happen. I think CO would have done better on its own…God help the CO employees…

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By rollzone, May 4, 2010 at 10:41 pm Link to this comment

hello. real close Jimmy. my opinion is too big to fail. one more fuel spike and they will fail: and in steps the federal government tax payer. i would not mind picking up one of those flying sardine cans at auction, and putting it in the yard for the kids to play in. i hope they do belly up, safely, on the ground. anybody heard of monopoly?

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photoshock's avatar

By photoshock, May 4, 2010 at 6:39 am Link to this comment

United, broke a Taylor guitar. This is the level of service that you can expect from most any American airline.  There is a song on YouTube called, ‘United, You broke my Taylor Guitar,’ by a man from Canada.
He tried to be reimbursed for the guitar, but all he got was the runaround and airline shuffle. No one would take responsibility for the exasperating and abominable treatment that this person received.
What galls me even more than the loss of another airline is the fact that it is United that is the recipient of the largess of the merger.
We need the FAA to take control of the merger madness
and stop this abomination of a merger.

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By Jimmy Argot, May 3, 2010 at 6:18 pm Link to this comment
(Unregistered commenter)

To big to fly!!

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By Jimnp72, May 3, 2010 at 6:08 pm Link to this comment

good. let them keep their overpriced underserviced transport to themselves. they
have become flying prisons.
f=them.

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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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