'Inside Wall Street' notes fresh UAL-Continental deal rumors

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

 



'Inside Wall Street' notes fresh UAL-Continental deal rumors



6:11:39 AM ET 8/11/2006  
WASHINGTON (MarketWatch) -- Business Week says there's renewed market buzz going around that UAL Corp. (UAUA) and Continental Airlines Inc. (CAL) might make for a good merger, particularly from the strategic standpoint of international travel. UAL, having gone public after emerging from Chapter 11 last winter, is the parent of No. 2 U.S. carrier United Airlines. United's strong on overseas routes serving Asia, while Continental's international service is geared toward Europe destinations. A combined UAL-Continental would have revenue of about $30 billion, or some 50% higher than AMR Corp. (AMR), parent of market leader American Airlines, according to the report in Business Week's "Inside Wall Street" column. Business Week said neither UAL nor Continental would comment on merger rumors.

 
Roger & Amanda La France 

[Index of Archives]         [NTSB]     [NASA KSC]     [Yosemite]     [Steve's Art]     [Deep Creek Hot Springs]     [NTSB]     [STB]     [Share Photos]     [Yosemite Campsites]