Continental: Merger with United will benefit customers
Continental Airlines and United Airlines have announced a merger which the companies claim will provide a number of benefits for travellers, as well as employees and local communities.
The deal will reportedly create the world's leading airline, providing access to a global network of 370 destinations.
Houston will be the combined company's largest hub, while Chicago will serve as its corporate and operational headquarters.
Glenn Tilton, chairman and chief executive of United Airlines, said the announcement marked a "great day" for customers.
He added: "Building on our Star Alliance partnership, we are creating a stronger, more efficient airline, both operationally and financially, better positioned to succeed in a dynamic and highly competitive global aviation industry."
Continental chairman Jeff Smisek added: "This combination brings together the best of both organisations and cultures to create a world-class airline with tremendous and enduring strengths."
The two airlines operate hubs in some of the leading travel destinations in the US, including New York, San Francisco and Washington DC.
Posted by Teddie, 04 May 2010 14:19
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