I posted earlier about airlines circling the wagons to decide if they were going to merge in the wake of the Delta/Northwest merger. Reuters has even more to add on this.
"Continental is also in advanced talks with United Airlines (UAUA.O) for a full merger, the sources said. Continental will choose either the merger or the alliance, not both, sources said.
Meanwhile, United Airlines is also in serious merger talks with US Airways, and will choose to merge with either Continental or US Airways soon, the people said."
Meanwhile, United Airlines is also in serious merger talks with US Airways, and will choose to merge with either Continental or US Airways soon, the people said."
AND check this out further down the article:
"The Justice Department has said it would, if necessary, weigh multiple merger proposals in the airline industry and try to complete any reviews before the Bush administration leaves office."
Again kudos to David Johnstone for bringing this to my attention.
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