UAUA

United-Continental Merger: Good For Them, Bad For Fliers

Don't believe the fairy tales United and Continental are spinning about their proposed merger being beneficial to travelers and carriers alike: Beyond the deal to bring Southwest to Newark Airport that they cut placate the antitrust watchdogs, this merger is all bad news.

UAL Earnings Jump, Topping Analyst Estimates

UAL Corp., the parent of United Airlines, reported sharply higher earnings in the second quarter of $273 million, or $1.29 a share. Quarterly revenue rose 28.4% to $5.16 billion from $4 billion.