United and Continental Merge to Create World's Biggest Airline

unify and Continental merge to create worlds biggest airline linked and Continental Said to Agree to Merge linked is buying Continental, and the combine company will keep the unite name and be based in Chicago. Jeffery A. Smisek, Continentals chief executive, would go away the company. If the deal wins antitrust approval, the merged airline would replace Delta demarcation Lines as the top carrier. WORLDS BIGGEST AIRLINES * 1 - American var.lines * 2 - get together Airlines * 3 - Delta Air Lines * 4 - Air France * 5 - Continental Airlines * 6 - Lufthansa * 7 - Southwest Airlines * 8 - British Airways * 9 - Northwest Airlines * 10 - Emirates Source: International Air Transport Association. Calculated on total passenger-miles flown United Continental reports 4Q loss of $325 million on merger costs; moreover an adjusted profit 26 January 2011 United Continental Holdings Inc. said it disjointed $325 million in the fourth quarter because of expenses from combining United and Continental airlines. United and Continental completed their merger on Oct. 1, and are now working to combine the two airlines into one. much than 200 planes have been repainted with Uniteds name and Continentals testis logo on the tail.

The Chicago-based company has also begun to integrate slightly computer systems. It had $482 million in merger expenses for the quarter. In addition, United and Continental will no longer be competing against distri moreoverively other on some routes, allowing them to save money but offering travelers fewer options as a consumer. Continental and United join forces * While the combined carriers will be called United Airlines, the Continental colors and logo will be used. * The chief executive officer of the new airline will be Continentals chief executive officer Jeff Smisek. * United CEO Glenn Tilton will be the nonexecutive chairman. * Smisek will set about chairman of the new airline in 2012 when Tilton steps down. * both(prenominal) airlines expect the merger to be completed by the... If you motivation to get a full essay, order it on our website: Ordercustompaper.com

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