United, US Airways each open to finding merger partner

02/24/2010 | Reuters

The chief financial officers of United Airlines and US Airways said Tuesday they are open to merger discussions in an industry that "needs to be consolidated." United's Kathryn Mikells said a merger is "something we will continue to look at," while her counterpart at US Airways noted that "consolidation is one of the major ways this industry can become profitable." United is interested in merging with either a foreign or domestic carrier, while US Airways is looking only for a domestic merger partner.

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