Approval of United, Continental Merger Sanctioned
Approval of United, Continental Merger Sanctioned

Chicago-based United Continental Holdings Inc, the world's biggest airline, is set to be created with the merger of United and Continental airlines. While they have been trying hard to convince the Government regulators that this merger would not harm competition in any form, it has almost been 2½ years that the deal struck their minds.

Thomas Lys of Northwestern University's Kellogg Graduate School of Management believes that this merger makes a lot of sense on the financial and operational front. The Company anticipates generation more than $900 million to what it makes today and a saving of as much as $300 million.

"Airlines are not simple companies. They have complex financial structures. And there are huge labor and operations components that will have to be harmonized in order for those efficiencies to be obtained”, he further cautioned.

It is being said that there would not be much change till spring as the only thing that would come up is that the two airlines would be selling their tickets in the same website and they would have combined operations.

While Continental offers only two classes of service that is the coach and BusinessFirst, the united on the other hand provides first and coach classes on most domestic flights. Therefore, it is likely that the united will have to standardize their flights.

 

Latest News

Indian-origin doctor jailed for death of woman
Britain's fattest teenager, tragic 63st Georgia Davis, refused to board vital fl
Scientists Suggest to Rise Prices of Caffeinated Drinks
Ontario’s Fight to Cut Spending Concerns Health Care Costs
Flesh eating bacteria affected Woman on Recovery Track
Women Outweigh Men in Food Shopping
2nd Heart Transplant Rejection Claims Teenager’s Life
Pom Wonderful Comes out with a New Ad Campaign after Court’s Ruling
Women Not Provided With Vital Information Relating To Infertility
Kids Confusing Tiny Detergent Packs With Toys
Dragon Becomes 1st Private Spacecraft
NASA Worried over Lunar History