Thanks! You're all signed up.

X

United-Continental Merger Could Happen this Weekend

SmarterTravel

The Chicago Sun-Times is reporting that a merger between United and Continental could be finalized by Sunday. According to the Sun-Times, both airlines have agreed on a deal, and simply need their respective board of directors to approve it. United’s board is expected to vote today, with Continental’s slated to vote Sunday.

But approval is hardly a sure thing. Continental’s board rejected a similar deal with United two years ago, citing concerns about United’s financial stability. United is in much better shape now, which seems to make a vote of approval more likely. The Wall Street Journal adds that both carriers appear to be “back on track” after a disagreement over the price of the deal earlier this week.

So, will next week begin with United-Continental usurping Delta’s reign as the world’s largest carrier? It’s certainly possible, if not probable. There appears to be a very strong drive, on both United and Continental’s part, to get a deal done. And considering there’s likely millions awaiting both CEOs if a deal goes through, you can bet they’ll keep pushing for a resolution. Stay tuned.

Readers, do you think a deal would be a good thing for the industry?

We hand-pick everything we recommend and select items through testing and reviews. Some products are sent to us free of charge with no incentive to offer a favorable review. We offer our unbiased opinions and do not accept compensation to review products. All items are in stock and prices are accurate at the time of publication. If you buy something through our links, we may earn a commission.

Top Fares From

Comments