United and US Airways Rumored to be in merger talks
#1
Original Poster
Join Date: Feb 2008
Programs: UA AA MR HH B6
Posts: 1,419
United and US Airways Rumored to be in merger talks
Apparently United and US Air are in merger talks
http://dealbook.blogs.nytimes.com/20...rger-talks/?hp
http://dealbook.blogs.nytimes.com/20...rger-talks/?hp
#2
Join Date: Jul 2005
Location: SAN
Programs: UA 1MM/1K, HH Diamond
Posts: 6,836
US Airways Said to Be in Talks to Buy United
http://dealbook.blogs.nytimes.com/20...-talks/?emc=na
Oy.
In a certain way, it makes sense. US would provide significant East Coast coverage where UA has none. But I shudder to think that US would impose its brand of LCC-ness onto what is a *flame suit on* fairly decent global airline.
United and US Airways are deep in their merger discussions, though a transaction is not expected to be announced for at least several weeks, these people said, cautioning that talks may still collapse. One potential hurdle could be union opposition.
Oy.
In a certain way, it makes sense. US would provide significant East Coast coverage where UA has none. But I shudder to think that US would impose its brand of LCC-ness onto what is a *flame suit on* fairly decent global airline.
#3
FlyerTalk Evangelist
Join Date: Nov 2004
Location: ORD
Programs: UA 1K
Posts: 16,901
US Airways Said to Be in Talks to Buy United
The UAL Corporation, the parent of United Airlines, and US
Airways are in talks to merge, in a potential deal that would
create one of the world's largest airlines, people briefed on
the matter said on Wednesday.
The negotiations mark the latest efforts to consolidate the
struggling airline industry. Both companies have been vocal
in calling for greater consolidation within the industry to
help prop up falling revenues, with United's chief executive,
Glenn F. Tilton, among the leading proponents for more
mergers.
United and US Airways are deep in their merger discussions,
though a transaction is not expected to be announced for at
least several weeks, these people said, cautioning that talks
may still collapse. One potential hurdle could be union
opposition.
Read More:
http://dealbook.blogs.nytimes.com/20...-talks/?emc=na
#4
Join Date: Jul 2007
Location: LAX-- But I'd rather be on Brokeback Mountain. United 1K! Other
Programs: RCC,HHonors Diamond,HGVC Elite,SPG Plat,Hyatt Diamond,Nat'l Emerald Exec Elite, Disney Premier Pass
Posts: 2,472
Ok you guys... it's a tie. lol
#5
FlyerTalk Evangelist
Join Date: Nov 2009
Location: Northeast Kansas | Colorado Native
Programs: Amex Gold/Plat, UA *G, Hyatt Globalist, Marriott LT Gold, NEXUS, TSA Disparager Unobtanium
Posts: 21,635
I just got the NYTimes Breaking News Update about this!
I wonder what the unions will have to say about it.
I wonder what the unions will have to say about it.
#6
Join Date: Oct 2009
Location: Palo Alto, California
Programs: UA 1K, Hertz Gold, SPG
Posts: 119
Where are you guys seeing that US might *buy* United? I'm seeing merger, not US buying UA.
#7
Suspended
Join Date: Dec 2009
Location: WAS
Programs: UA 1k, SPG Plat, Hyatt Diamond, Hilton Diamond, PC Plat
Posts: 484
Holy.... I don't even know how to react to this. CO was a decoy!!!
#10
FlyerTalk Evangelist
Join Date: Oct 2005
Location: Los Angeles & Orange County, CA
Programs: Wouldn't you like to know?!
Posts: 23,822
O M G!! US AIRWAYS??? Continental, make your move NOW. But then again, this could be a stunt of United making Continental jealous, thus getting a better deal out of Continental Seriously, all these integration with CO ain't for nothing!
#11
Join Date: Jul 2005
Location: SAN
Programs: UA 1MM/1K, HH Diamond
Posts: 6,836
Here's my question: How can UA even think of buying/merging with US when "enhanced" cooperation with CO is still underway?
#14
Join Date: Jan 1999
Location: Too many
Programs: Lots
Posts: 5,761
This is an interesting effort to create perhaps the world's biggest branding disaster. Pass the popcorn.
#15
Join Date: Jul 2009
Posts: 320
I certainly hope that there is no merger with US Airways since redeeming miles with them domestically is so costly. Also why would they moving forward with integration with CO and then suddenly lurch towards US? I'm amazed. Maybe the unions will kill the deal, or CO will step up and bid higher and buy UA.