UNITED AIRLINES

UAL Corp, parent of United Airlines, will buy Continental Airlines Inc for $3.2 billion, forming the world's largest carrier in a merger that further shrinks the embattled U.S. airline industry and could drive up air fares, sources said on Sunday.

Continental Airlines Inc and UAL Corp's United Airlines have ironed out the last remaining wrinkle in their merger talks, paving the way for a deal that would create the world's largest carrier, two sources familiar with the matter said on Friday.

U.S. stock index futures were slightly higher on Friday ahead of the advance reading of first-quarter gross domestic product and investors awaited a deal to bail out Greece.

UAL Corp's United Airlines and Continental Airlines Inc are expected to announce that they are merging to form the world's largest airline on Monday, the Wall Street Journal reported on Thursday, citing unnamed sources.

United Airlines and US Airways Group reported smaller quarterly losses that topped Wall Street estimates on Tuesday, signaling a recovery for an industry that endured sagging demand in the recent recession.

UAL Corp , parent of United Airlines, on Tuesday said its quarterly net loss shrank, topping expectations, helped by a sharp revenue increase and accounting gains related to its fuel hedges.

United Airlines parent UAL Corp and Continental Airlines Inc are considering a stock-for-stock merger with no premium, creating a company valued at roughly $6.6 billion, Bloomberg News said on Thursday, citing two people with knowledge of the talks.

Severe winter weather and higher fuel costs pinched Continental Airlines Inc's first-quarter results on Thursday and the company posted a larger-than-expected loss despite a jump in revenue.

US Airways Group Inc said on Thursday it has dropped out of merger discussions with United Airlines parent UAL Corp, a decision that changes the dynamic of similar talks between UAL and Continental Airlines Inc.

US Airways Group Inc said on Thursday it had dropped out of merger discussions with United Airlines parent UAL Corp, immediately raising the stakes for similar talks involving United and Continental Airlines Inc.

Severe winter weather and higher fuel costs pinched Continental Airlines Inc's first-quarter results on Thursday and the company posted a larger-than-expected loss despite a jump in revenue.

Delta Air Lines Inc posted a smaller quarterly loss on Tuesday as business traffic began to recover and said it expects a profit in the current period despite disruptions to transatlantic travel caused by ash from an Iceland volcano.

United Airlines is continuing separate merger talks with US Airways and Continental Airlines, and has also discussed the option of deepening a three-way marketing alliance between the carriers absent a merger, people familiar with the matter said.

U.S. airlines, which are set to report quarterly losses starting next week, also are poised for a stronger 2010, helped by an economic rebound that bolsters traffic, fares and the chances for an industrywide merger frenzy.

U.S. airlines, which are set to report quarterly losses starting next week, also are poised for a stronger 2010, helped by an economic rebound that bolsters traffic, fares and the chances for an industrywide merger frenzy.

Continental Airlines Inc has restarted merger talks with UAL Corp's United Airlines, two years after walking away from almost sealing a deal, a source briefed on the matter said on Thursday.

Shares of UAL Corp and US Airways Group rose on Thursday in the wake of news that the two airlines were in merger talks.

U.S. Airways and UAL Corp's United Airlines are deep in merger discussions, the New York Times reported on Wednesday.

U.S. Airways Group Inc and UAL Corp's United Airlines are in merger talks, a source familiar with the situation said on Wednesday.

Paying for extras has become routine for airline passengers but it doesn't mean they like it, with a poll showing more than half all travelers hate having to fork out to choose their seat.

Shares of U.S. airlines rose on Monday amid growing sentiment the economy may be on the mend and that the airline industry is poised for mergers.