News reports today are reporting that a United-Continental merger could be announced on Monday. Various news sources are stating that the new company will be called United, headquartered in Chicago (United's current headquarters) and Continental CEO Jeffrey Smisek will be the new CEO and current United CEO Glenn Tilton will be chairman. The combined carrier will be the largest airline in the world.
While this is a big improvement compared with merging with US Airways, it still concerns the Hat Trick that we will abolish another legacy carrier and decrease competition. But, like the merger mania of the mid 1980s we appear to again be in that same mindset. We'll see how this one plays our over Friday and the weekend.
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