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Continental will not merge with United

April 28, 2008 9:03:47 AM PDT
After weeks of speculation, Continental Airlines will not be merging with United.In a letter to its 45,000 employees, Continental says the risks of a merger outweigh the rewards.

If the two airlines had joined forces, it would've created the world's largest airline.

However, Continental executives are leaving the door open to merge with another carrier.

 

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