Continental-United Merger Talks Resurface | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 08.29.14 ** HD iPad-Friendly -- Airborne 08.29.14 **
** Airborne 08.27.14 ** HD iPad-Friendly -- Airborne 08.27.14 **
** Airborne 08.25.14 ** HD iPad-Friendly -- Airborne 08.25.14 **

Thu, Jul 23, 2009

Continental-United Merger Talks Resurface

New Leadership At Continental May Lead To Possible Merger

With the recently-announced resignation of Continental CEO Larry Kellner, some are speculating that Continental and United may again look at merging when Jeff Smisek takes over the reins of Continental next year.

Kellner had resisted a merger with United, a move some say was his most important business decision. Reuters reports that the two airlines had been in merger talks, but concerns over the long-term health of United led Continental to break off negotiations in April of 2008. But the talks did lead to Continental joining the Star Alliance, in which United is also a partner.

Industry analysts continue to say Keller did the right thing by not merging with United. While Justin Buchman noted in Business Week that United would have given Continental access to Asian markets it does not currently serve as well as the western U.S., industry consultant Darryl Jenkins told the Associated Press that Continental has a "much better" product, and integration would have been difficult.

USA Today says other analysts see the a merger as at least a possibility. Hunter Keay, an analyst with Stifel Nicolaus, told the paper that while the new alliance between Continental and United means they are, in all reality, merging their networks over the next few months, any formal merger between the two would most likely be "years away."

FMI: www.ual.com, www.continental.com

Advertisement

More News

Classic Aero-TV: 26,000 Pounds of Heli-Beast -- The Cold War Air Museum’s Mi-24

Ugly To Many, But Incredibly Beautiful To Hard-Core Helo Fans ANN CEO and Editor-in-Chief, Jim Campbell visited the Cold War Air Museum's Mi-24 Russian helicopter at HAI a little o>[...]

Airborne 08.29.14: Google Drone!, Cessna's 10,000th, Bearhawk LODA

Also: Big Boeing Order, Napa Tower Quaked, Landsberg Retires, Galileo Falters Breaking News! Google has unveiled an exciting new UAV project, called Project Wing, which has been un>[...]

Aero-News: Quote Of The Day (09.01.14)

“We are delighted that construction of a world-class aerospace assembly facility is underway in Lafayette and that skilled Louisiana workers will be producing the standard-be>[...]

Annual Oshkosh 2014 'Best/Worst Of' Award Selection Invites YOUR Participation!

YOU Can Contribute To The Annual List Compiled By The Staff and Readership of the ANN and Aero-TV! E-I-C Note: We're going to start naming names and dropping details THIS week--- t>[...]

Klyde Morris (09.01.14)

Klyde Drones On... and On... FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC