United Airlines parent company, UAL Corp., and Continental Airlines Inc. have agreed to merge to create the world’s biggest airline. The airlines’ boards agreed Sunday to a stock swap worth more than $3 billion.
Peter appeared on CBS’ The Early Show Monday. and will be on the CBS Evening News with Katie Couric tonight to explain details behind the merger and what it means for consumers.
See The Early Show segment below:
- Learn about the earlier love triangle between United, US Airways and Continental that led to this decision.
- Find out the ongoing effects of the last major airline merger between Delta and Northwest in 2008
