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Deal will create biggest airline
Associated Press ^ | 9/20/10 | Staff

Posted on 09/19/2010 9:59:01 PM PDT by Nachum

The biggest airline in the world will have the United name, Continental's globe logo and potentially far-reaching effects on air travel. Shareholders who on Friday approved combining the two companies hope the new airline attracts more top-dollar corporate travelers with its larger network while reducing costs. Some industry watchers expect the deal to lead to higher fares, but United and Continental say competition from low-cost airlines is sufficient to keep prices from rising.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: airline; biggest; create; deal

1 posted on 09/19/2010 9:59:03 PM PDT by Nachum
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To: Nachum

Not good.

I will miss Continental.


2 posted on 09/19/2010 11:05:57 PM PDT by trumandogz
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To: trumandogz

How’s this for irony . . . I was flying Continental and reading through the “Message from the CEO” section of their in-flight magazine — describing all the wonderful things about flying Continental — when the formal announcement of this merger was made. LOL.


3 posted on 09/20/2010 3:56:49 AM PDT by Alberta's Child ("Let the Eastern bastards freeze in the dark.")
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