« PlaneBusiness Banter is Now Posted! | Main | Continental Airlines/United Airlines Deal Official »

United Airlines BOD Approves Deal With Continental Airlines

As expected, news reports this afternoon say that the board of directors of United Airlines has okayed a merger with Continental Airlines. The Continental BOD is expected to meet later today and do the same.

The expected merger is valued at more than $3 billion and the formal announcement is expected Monday.

For now, my lips are sealed. I'm in the middle of writing another 100 page earnings issue of PlaneBusiness Banter. But I will say this -- I hope the folks at Continental did their homework.

Goodbye Houston, hello Chicago.

Posted by Holly on May 2, 2010 3:51 PM |

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)