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You are here: Home / Uncategorized / CO/UA: United and Continental Cleared to Merge at Shareholder level

CO/UA: United and Continental Cleared to Merge at Shareholder level

20/09/2010 by Kevincm

The shareholders have stood up, and the merger has been approved by both sides, allowing United and Continental to progress with the process.

The aim of course is size, and reductions in cost. As stated before the new airline will have the blend of the United and Continental Airlines livery, known as United, and with Jeff Smisek (CEO of Continental) taking the lead.

With both antitrust clearance given by both US authorities and and the European Commission, the way is now clear for the companies to merge their ragtag fleets together into something more cohesive.

Now for the Union fun to commence….

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