Financial Times (via MSNBC) posted a story today that quotes UA folks as saying they may reopen talks with CO if DL choses not to merge with UA.
http://www.msnbc.msn.com/id/22734916/%23storyContinued
United Airlines is considering a new round of talks to merge with Continental Airlines if its negotiations with another rival, Delta Air Lines, end without an agreement, people familiar with the company's plans said.
Glenn Tilton, United chief executive, an outspoken proponent of industrywide consolidation, signalled on Friday that the Chicago-based airlines could still strike a deal even if Delta merges with Northwest Airlines. Delta opened negotiations with both United and Northwest earlier this month, the people said...