United-Continental Merger Receives Unconditional Clearance from the European Commission – Yahoo! Finance
United Airlines (NASDAQ: UAUA – News) and Continental Airlines (NYSE: CAL – News) today received unconditional clearance from the European Commission on the airlines’ proposed merger. The Commission noted its investigation found the proposed transaction would not raise any specific concerns in Europe or the trans-Atlantic market. “We are pleased to have received this clearance [...]
United and Continental Announce Transition Agreement in Principle With Their Pilots – Yahoo! Finance
United Airlines (Nasdaq:UAUA – News) and Continental Airlines (NYSE:CAL – News) today announced they have reached an agreement in principle on a transition and process agreement with the pilots of both companies. The agreement provides a framework for pilot operations of the two groups until the carriers’ operating certificates are combined. “This is an important [...]
Merger Won’t End Obstacles Facing United, Continental – WSJ.com
The merger of UAL Corp.'s United Airlines and Continental Airlines Inc. won't be a panacea, and the combined carrier must continue to innovate and evolve if it hopes to become financially sustainable, UAL Chief Executive Glenn Tilton said Thursday. Mr. Tilton, speaking at what could be the last annual meeting for United in its current [...]
Airlines’ CEOs talk about Houston’s role after merger | Houston Chronicle
Houston will be home to “a significant head office headquarters presence” handling technological functions for the airline that emerges from the merger between Continental and United airlines, the CEO of United assured Texas Sen. John Cornyn and members of a Senate Judiciary Committee panel on Thursday. Glenn Tilton offered no specifics as he tried to [...]
Cleveland Hopkins to remain a hub after Continental-United merger — at least for now | cleveland.com
Cleveland Hopkins International Airport will remain a hub for the new United-Continental airline — for now — but its long-term future remains a question. It is too early in the merger process to say how the new combined airline will use Hopkins in the long run, Continental Chief Executive Jeff Smisek said in an interview [...]
Continental Open to Merger Should Competition Dictate (Update3) – BusinessWeek
Continental Airlines Inc., after calling off a merger with United Airlines two years ago, would resume consolidation efforts to remain competitive, Chief Executive Officer Jeff Smisek said. Continental, the fourth-largest U.S. carrier, will keep monitoring the progress of Delta Air Lines Inc. following its 2008 merger with Northwest Airlines Corp., he said today at a [...]
