Southwest Airlines is flying high: It’s proven consistently profitable, and it serves more passengers than any other U.S. carrier. But as the airline expands its service, CEO Gary Kelly says volatile jet-fuel prices are his big…
Southwest Airlines is flying high: It’s proven consistently profitable, and it serves more passengers than any other U.S. carrier. But as the airline expands its service, CEO Gary Kelly says volatile jet-fuel prices are his big…
The International Air Transport Association expects airline profit to plunge 40% this year as fewer passengers travel during the recession and as fuel prices rise. But that doesn’t mean you’ll necessarily be able to score a goo…
Continental Airlines (CAL) and UAL Corp (UAUA), owner of United, closed their merger deal Friday, creating the world’s largest air carrier, called United Airlines.
The new holding company, United Continental Holdings, will begin trading today on the New York Stock Exchange under the ticker “UAL,” Reuters said.
Jeff Smisek, formerly CEO of Continental, will serve as CEO of the new…
Continue reading Continental, United Close Merger Deal
Continental, United Close Merger Deal originally appeared on DailyFinance on Fri, 01 Oct 2010 08:27:00.
Filed Under: Company News, Stocks in the News
Southwest Airlines, one of the earliest discount airlines, will buy rival AirTran — another sign of consolidation in an industry that has witnessed the mergers of Northwest with Delta and United with Continental over the last …