(photo courtesy UnitedContinentalMerger.com)
This past weekend the board of directors of both United Airlines and Continental Airlines voted in favor of merging the two airlines into one entity. The new airline will be know as United Airlines. However, the livery will be that of the Continental Airlines paint scheme with the word United on the fuselage. The CEO of the newly merged airline will be the CEO of Continental, while the United CEO will become the non-executive Chairman of the Board.
The proposed merger is scheduled to be completed in the fourth quarter following government approval.
For further facts regarding the merger, click on UnitedContinental.
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