Published May 31, 2008, 12:00 AM
United-US Airways consolidation effort called off
United Airlines scrapped its latest attempt to combine with US Airways and create the world’s largest carrier, formally backing away Friday from a deal that likely would have meant fewer routes and higher ticket prices for consumers.
CHICAGO (AP) — United Airlines scrapped its latest attempt to combine with US Airways and create the world’s largest carrier, formally backing away Friday from a deal that likely would have meant fewer routes and higher ticket prices for consumers.
The CEOs of the two airlines told their employees in separate messages that a combination was off “for now,” although US Airways’ Doug Parker indicated it is unlikely for at least the rest of this year.
Tags: airlines, merger, united, us, airways
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