United and Continental Merger Gets Greenlight

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United Airlines and Continental Airlines merger just got closer to a reality!
The Department of Transportation will make the final decision as the Department of Justice (DOJ) gave on Friday the approval for the two airlines to merge.
The DOJ feels that the two airlines have complementary routes that would have limited number of routes competing for nonstop service.
Stay tuned as the merger fever heats up with American Airlines, Southwest Airlines, Jet Blue and USAirways still trying to decide what to do now that Delta and Northwest have merged and this current merger is almost surely going to get approved.
The Justice Department greenlighted the planned merger of United Airlines and Continental Airlines on Friday, paving the way for the creation of the world’s biggest airline.
In a statement, the Justice Department said it was satisfied that the airlines did not have so much overlap in their routes that consumers would be harmed by higher prices and limited flight choices.
The combination of the country’s third and fourth biggest airlines means the number of industry players – and options for fliers – continues to shrink. Upon completion, the proposed $3.17 billion merger will leave just four traditional carriers in the United States, and possibly three if American Airlines responds by bidding for US Airways, as some analysts predict.
Source: Washington Post
