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Continental turns down United, flirts with British Airways
Continental Airlines has said no to a merger with United Airlines. Continental's executives seemed to be concerned about United's weak financial condition. Just last week, United posted a $537 million loss for the fist quarter. No one is crying too much, though.
Continental is now going to focus on a possible alliance with British Airways. United is also moving on fast. A merger deal with U.S. Airways seems to be in advance talks.
Posted by Lori Stassi on April 28, 2008 2:42 AM PT | Permalink
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