Yesterday, word spread that United Airlines jilted U.S. Airways and started shacking up with Continental Airlines in merger talks again. And according to Crain's, they're close to a deal that would make "the world's largest airline." And the Tribune is reporting that the new airline would call Chicago its home. Which makes sense considering the big wad of cash Mayor Daley used to woo United into the city in spite of the airline's objection to the current O'Hare expansion project. Of course, the two airlines have tangoed before with nothing coming to pass so we'll just play the old wait-and-see game this time around.
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Results tagged “usairways”
United-Continental Merger Would Call Chicago Home
United, US Airways Talk Merger
Chicago-based United Airlines and Tempe-based US Airways have revved up talks of a merger into a super airline once again. They've tried before to make a deal that would create the second largest airline, behind the now-merged combo of Delta and Northwest. Some speculate, though, it may just be United courting a suitor to get the attention of others. From the New York Times:
ATA Bites It
Chicagoist has posted a few times on ATA's money woes, so it only seemed like a matter of time before they filed for bankruptcy.. which is what they did yesterday. ATA is blaming fare wars and soaring fuel prices for their predicament, and joins United Airlines and US Airways as the 3rd major US airline to operate in bankruptcy.
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