Looks like United Airlines and Continental Airlines are closer to a virtual merger. US transportation officials plan to issue a show-cause this week that will clear the way for final approval by the end of May. This will bring Continental into the Star Alliance forming closer ties through their transcontinental venture.
Fridays UAL Board watch and bonuses.
Glenn Tilton 675,000 shares issued April 3, 2009 = $3,955,500
John Tague 245,000 Share issued April 3,2009 = $1,435,700
Kathy Mikells 155,000 Share issued April 3,2009 = $908,300
Pete McDonald 155,000 Share issued April 3,2009 = $908,300
*Dollar values are based on today’s opening
