Tuesday, April 29, 2008

United, US Airways consider merger, reports say

United Airlines has restarted merger talks with US Airways, according to media reports. In 2001, the Justice Department rejected a proposed merger of the two carriers. Observers noted that both airlines made cuts while they operated under bankruptcy protection, which could make the deal easier to execute. United CEO Glenn Tilton recently told employees in a recorded message that he continues to support consolidation. He also noted that the airline has "a solid foundation to manage through the complexities of this current economic environment."

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