Skip to comments.Continental says it won't consider merger
Posted on 04/27/2008 4:49:58 PM PDT by Moiraine
Continental Airlines Inc., rumored to be in advanced talks to merge with United Airlines Inc. parent UAL Corp., told its employees Sunday that it has decided not to merge with any other carrier.
In a message from chairman and chief executive officer Larry Kellner and president Jeff Smisek, the Houston-based carrier said it has decided that it should go it alone in the troubled airline industry.
"We want you to know that our Board of Directors met today and has unanimously supported management's recommendation that, in the current industry environment, the best course for Continental is to not merge with another airline at this time," the executives wrote.
(Excerpt) Read more at dallasnews.com ...
Whew! I’m glad about this. My favorite airline!
If Continental leaves the Skyteam Alliance I won’t be flying on their planes much, more’s the pity.
What’s the “Skyteam Alliance”?
Search the term on Dogpile or Google, or go to the Continental, Northwest, Delta, Air France or KLM websites (there are many others, but this should be sufficient for the sufficiently curious) and you’ll find a link.
Key words: “at this time”. Putting those two pilot groups together would be a monumental job “at this time”. (When conditions get really bad, maybe we can do it.) Leave it up to the airline pilot’s unions (CAL and UAL) to cause the deal to spin, crash and burn even when it will cost them their jobs!
What makes you think the pilots were the reason for this? CAL is too good for UAL. It’s all management this time.