A CONFEDERACY OF DUNCES?

Posted by Sean Doyle, May 3, 2010

Photo Courtesy of the Associated Press

Continental and United Airlines have agreed to a $ 3.15 billion merger that would create the world's largest airline. According to UAL CEO Glenn Tilton, "This combination brings together the best of both organizations and cultures to create a world-class airline with tremendous and enduring strengths. Together, we will have the financial strength necessary to make critical investments to continue to improve our products and services and to achieve and sustain profitability."

This remains to be seen as airlines are notorious for their lack of profitability.