Summary
CHICAGO -- United Airlines remains interested in industry consolidation and would like to team up with a U.S. carrier with a strong presence in the Northeast and a hub in the South, its chief financial officer said Wednesday.
Jake Brace told analysts there are candidates for such a merger but indicated United has no intention of attempting a hostile takeover, citing the recent failed bid by US Airways Group Inc. to acquire Delta Air Lines Inc.See the full content of this document
Extract
United Airlines Seeking Merger
"Consolidation is not something that one company can do in isolation," he said at the Merrill Lynch Global Transport...
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