CHICAGO, May 30 (UPI) -- Two U.S. airlines, United Airlines and US Airways, have scuttled merger talks because United is about to align itself with Continental Airlines, sources say.
The Wall Street Journal reported Friday that two sources familiar with the situation said the United-US Airways merger discussions were called off after Glenn Tilton, chief executive officer of United's parent firm, UAL Corp. of Chicago, informed Doug Parker, head of US Airways Group Inc. of Tempe, Ariz., that the Continental alliance deal was close to fruition.