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World News

United, Continental confirm merger

United and Continental Airlines said May 3 they are forming the world's largest airline in a deal worth about $3 billion (¥282 billion). The new airline would jump past Delta Air Lines in size and have flights reaching from Shanghai to South America. The United name will live on, although the planes will have the Continental colors and logo. The new parent company will be United Continental Holdings Inc. It will be based in United's hometown of Chicago and its biggest hub will be Houston. (AP)

Shukan ST: MAY 14, 2010

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World News United, Continental confirm merger United and Continental Airlines said May 3 they are forming the world's largest airline in a deal worth about $3 billion (¥282 billion). The new airline would jump past Delta Air Lines in size and have flights reaching from Shanghai to South America. The United name will live on, although the planes will have the Continental colors and logo. The new parent company will be United Continental Holdings Inc. It will be based in United's hometown of Chicago and its biggest hub will be Houston. (AP) Shukan ST: MAY 14, 2010 (C) All rights reserved