United Airlines parent UAL Corp. and US Airways are in advanced discussions about a merger, The New York Times reported on its website Wednesday. It cited "people briefed on the matter." Spokespersons for both airlines declined to comment to this website, citing company policy. The two companies tried to merge before: In May 2000 UA agreed to acquire US in a transaction that valued US at $4.3 billion. However, the Dept. of Justice refused to okay the merger and United backed away from the ...

Subscribe to Access this Entire Article

"Report: US Airways, United in merger talks" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.