United-Continental merger will yield synergies, CEO says

10/6/2011 | Forbes

United Airlines and Continental Airlines struck a deal one year ago to merge their operations. Jeff Smisek, president and CEO of the merged carrier, says the company is eager to invest in its services and products. "We're going to take the $1 billion to $1.2 billion a year we expect to achieve in merger synergies and plow it back into our product, technology, fleet, facilities and our most important asset: our people," Smisek said.

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