Partner Article

Airlines to merge

US-based United Airlines and Continental Airlines have agreed to merge in a move which will create the world’s biggest carrier.

The loss-making companies said they expected the deal, worth $3.2bn (£2.1bn), to deliver savings of more than $1bn a year.

The combined group will be named United Airlines.

But new branding will combine the current Continental colours with the United Airlines name.

Although United is seen as the dominant partner, the merger was described as “a merger of equals”.

Together United and Continental currently fly to 370 destinations worldwide, flying 144 million passengers a year.

Combining the two companies will create the world’s biggest airline, based on the total number of passenger-miles flown.

This was posted in Bdaily's Members' News section by Ruth Mitchell .