united airlines

United-Continental Merger Lands Execs a Big Pay Raise

Considering how often airline industry executives complain about how hard it is to run a profitable carrier, one might expect their efforts could go unrewarded -- at least monetarily. Not so at the new United Continental Holdings, where big post-merger raises are coming for top management.

Continental, United Close Merger Deal

Continental Airlines (CAL) and UAL Corp (UAUA), owner of United, closed their merger deal Friday, creating the world%u2019s largest air carrier, called United Airlines. The new holding company, United Continental Holdings, will begin trading today on the New York Stock Exchange, Reuters said.

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.

United and Continental Shareholders to Vote on Merger

Shareholders of United%u2019s parent company UAL Corp (UAUA). and Continental Airlines (CAL) will vote today on a merger deal that would create the world%u2019s biggest airline. Results of the votes are expected later today, The Associated Press reported.

U.S. Airlines Got Added Lift in August

American Airlines and Delta Air Lines both reported traffic increases for August, while Continental Airlines will recall 132 furloughed pilots, further indicating that air travel is on the rebound.

Travel Maze: Just Say No to Flying Coach

It's every business traveler's dream never to fly coach again. Nicholas Kralev's On the Fly seminar promises to make that dream a reality. In four short hours, he says he'll teach attendees how to maximize the power of their frequent flyer miles to fly in luxury on a coach-class budget.

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.

Do Airline Mergers Make Service Worse?

The airline industry is so unprofitable that competitors try to outdo each other in giving passengers less while charging more, and mergers are only creating bigger, less service-oriented carriers.

UAL-Continental Merger Means Higher Fares and Fewer Flights...

The United-Continental megamerger raises many serious questions, not the least of which is how air passengers will be affected. The answer is simple: For the average flier, the combination will create pretty much nothing but more pain, in terms of both costs and inconvenience.

Continental-United: CEO Says No Fare Hike Planned

Worried that the merger of Continental and United Airlines will mean higher fares? That's not part of the plan, said Continental CEO Jeff Smisek. The post-merger airline is expected to add $1 billion or so to the bottom line over three years, but it plans to get there mostly by cutting costs.

Airlines Prep for Turbulent Second Quarter

Mergers, near-mergers, paralyzing winter storms, volcanic ash and new rules about the treatment of passengers could all add up to a difficult second quarter for the U.S. aviation industry. As the industry awaits Continental and United Airlines merger news Monday, insiders wonder what's next.

Mergers Could Keep Airline Stocks Flying High

A report that United Airlines and U.S. Airways were in merger talks set off a flurry of trading. Just the hint of more consolidation in the overcrowded airline industry, with its high operations costs and notoriously low profit margins, was enough for traders to pounce at the opportunity to get ahead of a move they hope will lead to higher ticket prices and lower overall operating costs industrywide.

Will a United Airlines and US Airways Merger Fly?

US Airways and United Airlines are discussing a possible merger, according to The New York Times's DealBook. Investors are flying high, driving up both airlines' shares. But will complicated pilot contracts create turbulence?

Travel Maze: The Airline Extra-Fee Game

Continental is joining most other airlines in eliminating its free meals on shorter flights. Now, along with your turkey sandwich, you could be paying extra for baggage, early boarding, more legroom, and even a pillow and blanket.

Earnings Preview: United, AirTran Set to Improve

United Airlines parent UAL Corp. and AirTran Holdings will release their fourth-quarter earnings Wednesday, and both are expected to post improved results, helped by lower jet fuel costs and slower declines in demand.