US/UA Merger Talks Derailed Over Labor Concerns
Quote:
Report: Talks between United, US Airways stalling
The Associated Press
Tucson, Arizona | Published: 05.28.2008
NEW YORK — Consolidation talks between United Airlines and US Airways appear to have fallen apart, The New York Times reported late Tuesday, citing unnamed people with direct knowledge of the discussions.
The board of United parent UAL Corp., and its chief executive Glenn F. Tilton, raised questions about the arrangement in the past few days, according to three people the Times said had been briefed on the decision making. One person said senior executives at both airlines, as well as external bankers and lawyers working toward a deal, have put it on "permanent hold." [
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