
Monday morning’s news was partly dominated with headlines that the world’s largest airline is now United Airlines – a result of its $3 billion merger with Continental Airlines. According to the New York Times, United is buying Continental, and the combined company will keep the United name and be based in Chicago. However, it was reported that Jeffery A. Smisek, Continental’s chief executive, will run the company, and United’s Glenn Tilton will be non-executive chairman. In addition, the merged company will keep the Continental logo, livery and colors as well as maintain a large presence in Houston.
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