Home / Markets / Economy
Monday, April 28, 2008
Report: United, US Airways in 'Advanced Talks' to Merge
Associated Press
CHICAGO----
A person close to the negotiations says United Airlines and US Airways are in very advanced talks with the expectation of announcing within two weeks that they are combining.
The two carriers have stepped up their talks after Continental Airlines Inc. (CAL) caught United off guard by deciding not to pursue a deal with the Chicago-based carrier.
The source asked Monday not to be named because of the sensitive nature of the talks.
A United spokeswoman has not immediately responded to a request for comment.
A US Airways (LCC) spokesman says the carrier does not comment on rumors or speculation about consolidation.
