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United Drops US Airways Deal, Woos Continental

CEO says UAL 'very close' to Continental merger

By Matt Cantor, Newser Staff

Posted May 30, 2008 7:15 AM CDT

(Newser) – A proposed merger between United Airlines and US Airways is on hold again, the Wall Street Journal reports. United’s CEO told his US Airways counterpart that his airline is close to a deal with Continental, a merger that would be less costly and wouldn’... Read full story »

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airline industry • merger • US Airways • United Airlines • Continental Airlines

More Newser Stories

United, US Airways in Merger Talks

Any deal is still several weeks away

(NEWSER) - Potentially big news for the struggling airline industry: United and US Airways are discussing a merger that would create the country's second-largest carrier, reports the New York Times . Any potential deal is still weeks away and could face any number of problems, including union opposition. The two companies have come close before only to see the deal collapse. And the Wall Street Journal notes it could be a ploy by United to renew interest in a deal with Continental. More»

Continental Scuttles Merger With United

Execs scared by low earnings, sinking shares

(NEWSER) - Continental Airlines scuttled merger talks with United Airlines today and likely triggered other deals in the plunging industry. United's $357 million first-quarter losses and a plan to lay off 1,000 workers scared away Continental execs, the New York Times reports. Now United parent UAL will likely scramble to cut another deal before fuel prices force it into bankruptcy. More»

United and Continental May Be Next to Merge

Delta-Northwest deal likely to spark more consolidation

(NEWSER) - The Delta-Northwest merger will create the world's biggest airline—but that title could fall before the ink is even dry on the deal as industry pressures force other carriers into shotgun weddings, the Houston Chronicle reports. Analysts believe United and Continental would be a good match and a deal between the two is widely expected, possibly in a matter of weeks. More»

2 Airline Mega Mergers Prepare for Takeoff

Delta-Northwest marriage looms; United eyes Continental

(NEWSER) - The airline industry is bracing for what would be a mammoth double wedding, as merger talks between Delta and Northwest airlines shift into second gear, and Continental and United Airlines begin their courtship. Currently on the Delta-Northwest plate is a market price stock-for-stock transaction, with no premium for either company, the Wall Street Journal reports. More»

Airline Bag Fees Hit $400

At least for an overweight international bag on some airlines

(NEWSER) - How crazy have airline baggage fees gotten? Well, checking an overweight (that's a 71- to 100-pound) bag will now cost you a whopping $400 on most Continental Airlines international flights. And Continental isn’t alone either, according to a survey of major carriers by USA Today ; United Airlines also charges $400 for such a bag on any flights to other continents, and American Airlines charges $450 if that bag is headed to Asia. More»

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United Drops US Airways Deal, Woos Continental

CEO says UAL 'very close' to Continental merger

airline industry • merger • US Airways • United Airlines • Continental Airlines

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More Newser Stories

United, US Airways in Merger Talks

Any deal is still several weeks away

Continental Scuttles Merger With United

Execs scared by low earnings, sinking shares

United and Continental May Be Next to Merge

Delta-Northwest deal likely to spark more consolidation

2 Airline Mega Mergers Prepare for Takeoff

Delta-Northwest marriage looms; United eyes Continental

Airline Bag Fees Hit $400

At least for an overweight international bag on some airlines

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