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September 5, 2008 10:44:36 PM CDT

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CEOs of United, US Airways Will Meet to Talk Merger

Posted May 28, 08 7:42 PM CDT in Business 

(Newser) – The CEOs from United Airlines and US Airways will meet tomorrow to try to nudge ahead talks of a possible merger, the Wall Street Journal reports. If they make headway, the executives could present a possible deal to their respective boards in mid-June. The deal, in the works for two months but rumored to be in trouble recently, could easily fall through for a host of reasons, including the volatility of the industry over surging oil prices.

Source Wall Street Journal

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A United Airlines Boeing 777 is shown in an undated photo.   (AP Photo/United Air Lines)
A fuel service worker refuels a US Airways Express plane at Logan International Airport in Boston, Wednesday, May 28, 2008.   (AP Photo/Bill Sikes)
A passenger checks his luggage at the US Airways counter at Washington's Ronald Reagan National Airport, Thursday, May 1, 2008.   (AP Photo/Jose Luis Magana)
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gas prices  • airline industry  • United Airlines  • US Airways


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