Major airline merger decision to be announced soon
April 29, 2008
United Airlines and US Airways are in very advanced talks towards a merger and an announcement is expected within two weeks, according to a source familiar with the negotiations.
Also, American Airlines and Continental Airlines are in meaningful and progressing talks towards an alliance, the same source said.
The source has asked not be named because the source has not been authorized by the airlines to discuss the talks.
The news of two possible deals comes two weeks after Delta Air Lines and Northwest Airlines reached agreement on a merger deal that - if approved - would create the world’s largest airline.
On Sunday, Continental Airlines executives said they had been in possible merger talks with United Airlines but decided not to make a deal with the airline.
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