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Author:Arndt, M.
Title:Will United's woes spread?
Journal:Business Week
2000 : NOV, VOL. 3691:1021, p. 62-67
Index terms:COMPANIES
USA
AIRLINES
Language:eng
Abstract:James E. Goodwin had had enough. In November, 1999, the UAL Corp. chairman and chief executive pulled his counterpart from US Airways Group Inc. aside at a business meeting to sketch out a widebody deal: He wanted to buy the rival airline. To Goodwin, the takeover was a no-brainer: Although already parent of the world's biggest air carrier, United Airlines, UAL could strengthen its lead only through a big-time acquisition. And US Airways, with its East Coast routes, would fill the only sizable gap in United's domestic operations.
SCIMA record nr: 220065
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