20 SEPTEMBER 2010
BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.
The Business Travel News
PO Box 758
Edgware HA8 4QF
+44 (0)20 8952 8383
© 2019 Business Travel News Ltd.
CONTINENTAL AND UNITED (UAL) are now in the home straight to become the world’s largest airline following more than 98% vote at a Continental's shareholders meeting on Friday to approve UAL's US$3.17bn all-stock purchase of the Houston-based carrier. UAL investors also approved the acquisition. The airlines' aim is to complete the combination of their operations within the next 18 months and to realise US$1bn – US$1.2bn. Jeff Smisek of Continental will move to Chicago becoming CEO and whilst some very senior appointments have already been made what happens further down the management pyramid is not clear. A typical case is London, a major hub. Here Continental, based in Horley, a leftover from Gatwick days, has been very successful in moving into Heathrow (where it will go to five services in November and six next spring). United, with Heathrow offices, has abandoned New York and concentrated on Chicago. www.continental.com www.united.com
All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum
No one has commented yet, why don't you start the ball rolling?