InfoAnda - United, US Airways Reportedly In Merger Talks

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Home U.S. World Entertainment Sports Business Health Science Technology Politics Offbeat Environment Travel News Articles United, US Airways Reportedly In Merger Talks Email Facebook Digg Twitter Buzz Up! ShareThis April 8, 2010 9:35 a.m. EST Topics: merger, acquisition and takeover, transport, company information, economy, business and finance, air transport, United States Ayinde O. Chase - AHN News Editor New York, NY, United States (AHN) - United Airlines and US Airways are in talks about a possible merger. Should the deal be finalized, it would create the country's second largest carrier. The talks made public in published reports are the latest measure to consolidate the struggling airline industry. Airlines have been struggling for the better part of a decade and are forced to contend with marked decreases in both leisure and business travel. This isn't the first time the two airline giants have been down this road. Previous merger talks collapsed in 2000. A $4.3 billion deal was announced, however after opposition from the Justice Department and unions it was withdrawn. Again in 2008 merger talks ended after several months of negotiations. There is also some suggestion this latest round of merger discussions is just a ploy to reinvigorate merger talks with Continental. Critics have said the United States has too many airlines and not enough passengers. Copyright © 2003 - 2010 AHN - All rights reserved.Redistribution, republication. syndication, rewriting or broadcast is prohibited without the prior written consent of AHN.License AHN news for your website, business, digital signage network or publication. Most Popular Stories Jessica Simpson Appears "Au Naturel" On Marie Claire Couple Charged With Theft After Not Returning Cash Found In Suitcase Solar-Powered Plane Takes Successful 87-Minute Test Flight Sandra Bullock And Jesse James Deny Sex Tape Rumors Virginia Governor Declares April Confederate History Month Four WV Miners Still Missing As Rescuers Drill Holes To Release Methane Slash Wears Iâ€™m With Coco Pin On â€œTonight Show With Jay Lenoâ€ Duke's Singler Makes Hometown Of Medford, Oregon Proud Indonesia Jolted By 7.7 Earthquake Recent Posts Most Popular Comments Recent Comments Popular Threads Home | U.S. | World | Entertainment | Sports | Business | Health | Sci / Tech | Politics | Weird / Offbeat Follow AHN on Twitter AHN Social News connects you with friends and the news Client Login | Submit News | Privacy Policy | Terms of Use | Contact | Content Services © 2010 AHN All Rights Reserved

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