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DOJ clears the way for UAL/CAL merger

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DOJ clears the way for UAL/CAL merger

Old 08-27-2010, 04:02 PM
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Default DOJ clears the way for UAL/CAL merger

The U.S. Justice Department has signed off on the proposed merger between United and Continental airlines. The announcement, which came late Friday afternoon, "[lifts] the biggest regulatory hurdle to the creation of the world's top airline," The New York Times writes.

The Chicago Tribune adds that Justice's blessing comes "after an unexpectedly speedy four-month review. The decision paves the way for the mega-merger to close before Thanksgiving."

RELATED: United, Continental agree to give Southwest access to Newark Liberty

The Wall Street Journal also gets a jump on the story, writing "federal antitrust regulators said Friday that the Justice Department's 'thorough review' found that the airlines 'largely complementary networks' would result in an overlap on only a limited number of routes, and closed its investigation into the deal. The department said the transfer of Newark slots to Southwest 'resolves' its principal competition concerns, and concluded that the combination will likely significantly benefit consumers."

- ORIGINAL POST (6:05 p.m. ET): In another story just crossing the news wires, The Associated Press reports "United and Continental airlines are a big step closer to their proposed combination, with the Justice Department saying it has no more antitrust concerns about the deal. On Friday, the two airlines said they would lease takeoff and landing slots in Newark to Southwest Airlines. The Justice Department says that clears up its main competitive concern. Shareholders at the two airlines are set to vote on the deal on Sept. 17."
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Old 12-16-2023, 03:18 PM
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Originally Posted by djrogs03 View Post
The U.S. Justice Department has signed off on the proposed merger between United and Continental airlines. The announcement, which came late Friday afternoon, "[lifts] the biggest regulatory hurdle to the creation of the world's top airline," The New York Times writes.

The Chicago Tribune adds that Justice's blessing comes "after an unexpectedly speedy four-month review. The decision paves the way for the mega-merger to close before Thanksgiving."

RELATED: United, Continental agree to give Southwest access to Newark Liberty

The Wall Street Journal also gets a jump on the story, writing "federal antitrust regulators said Friday that the Justice Department's 'thorough review' found that the airlines 'largely complementary networks' would result in an overlap on only a limited number of routes, and closed its investigation into the deal. The department said the transfer of Newark slots to Southwest 'resolves' its principal competition concerns, and concluded that the combination will likely significantly benefit consumers."

- ORIGINAL POST (6:05 p.m. ET): In another story just crossing the news wires, The Associated Press reports "United and Continental airlines are a big step closer to their proposed combination, with the Justice Department saying it has no more antitrust concerns about the deal. On Friday, the two airlines said they would lease takeoff and landing slots in Newark to Southwest Airlines. The Justice Department says that clears up its main competitive concern. Shareholders at the two airlines are set to vote on the deal on Sept. 17."
Excellent news
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Old 12-16-2023, 03:22 PM
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Oh man, if age 67 passes the stagnation will be devastating. Possibly furloughs!

Last edited by TOGALOCK; 12-16-2023 at 03:44 PM.
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Old 12-16-2023, 03:59 PM
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Originally Posted by salukipilot View Post
Excellent news
holy dead thread revival
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Old 12-16-2023, 04:00 PM
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Originally Posted by salukipilot View Post
Excellent news
How times have changed....Now little old JB and Spirit, them merging is clearly a violation of the Clayton Act.....UAL/CAL....nahh...all good!!
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Old 12-16-2023, 06:02 PM
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Originally Posted by TOGALOCK View Post
Oh man, if age 67 passes the stagnation will be devastating. Possibly furloughs!
I trust this is tongue in cheek!
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Old 12-16-2023, 07:52 PM
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Originally Posted by TOGALOCK View Post
Oh man, if age 67 passes the stagnation will be devastating. Possibly furloughs!
Nah, just scabs and those who were hired to be scabs get two more years of the fruits of their labor.
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Old 12-18-2023, 05:41 PM
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Glad we swung finally swung the compasses on the 400's....I mean "jumbos" for safety.

Last edited by calpilot69; 12-18-2023 at 05:53 PM.
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Old 12-26-2023, 08:14 AM
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Originally Posted by calpilot69 View Post
Glad we swung finally swung the compasses on the 400's....I mean "jumbos" for safety.
Dude, you really clinging to some butt hurt nonsense from 13 years ago? You’re much better off now. Let it go, bro.
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