(No Ratings Yet)
Loading ...
The aviation industry is to reach a major milestone with the merger of the United Airlines and Continental Airlines. The proposed merger received the go ahead from the US Justice Department (DOJ). All antitrust concerns have been addressed by DOJ and the overall review is also complete. Voting by the shareholders remains the final step before the deal falls through. The voting is likely to be carried out on 17th September. After that it would be a matter of receiving the approval of the US Transportation Department. It is expected that the entire event would be wrapped up by 1st October, 2010. Here are some of the major highlights of the merger.
Australian flights and travel news