Official: United, Delta Mull Combination
By HARRY R. WEBER
AP Business Writer
ATLANTA (AP) - UAL Corp.'s United Airlines and Delta Air Lines Inc. have been discussing a combination between the nation's second- and third- largest carriers that would keep the United name and the corporate headquarters in Chicago, The Associated Press has learned.
Shares of both airlines surged on the news.
There is a sense of urgency in the talks, which have been going on for some time and continued as recently as a week or so ago, an official with knowledge of the talks said Wednesday. The official spoke on condition of anonymity because the person was not authorized to speak publicly. Read More...
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