United Airlines and Air Canada seek joint venture next year
By APThursday, October 7, 2010
United, Air Canada seek joint venture
CHICAGO — United Airlines and Air Canada say they’re looking to share revenue on flights across the border.
The two airlines already have antitrust immunity and sell tickets on each other’s flights. Now they want to form a joint venture to make those financial ties deeper.
They still need regulatory approval. If they get it, they hope to start the joint venture early next year.
United Airlines is run by Chicago-based United Continental Holdings Inc. Air Canada is Canada’s largest airline.
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