29th April 2008, 11:18 PM
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Member
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Join Date: Mar 2008
Posts: 537
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United, US Airways In 'Very Advanced' Merger Talks
Quote:
April 29, 2008
United Airlines and US Airways are in "very advanced" merger talks, two sources with knowledge of the matter said on Monday.
A deal, one of the sources said, could be finalized within the next couple of weeks, and could include significant cuts in capacity.
The discussions intensified over the weekend after Continental Airlines, which had been in negotiations with United, pulled out to explore a potential marketing alliance with American Airlines and British Airways.
(Reuters)
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Gerald
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