WASHINGTON: The Department Of Justice permitted to proceed the planned merger of United Airlines and Continental Airlines on Friday, cleared the way for the creation of the world's biggest airline.
The Department Of Justice said "The department has closed its investigation into the proposed merger of UAL Corporation, the parent of United, and Continental".
"The department conducted a thorough investigation," it added in a release that came one month after European regulators cleared the way for the merger, now expected to take place by October 1.
The Department Of Justice said "The proposed merger would combine the airlines' largely complementary networks, which would result in overlap on a limited number of routes where United and Continental offer competing nonstop service".
The last big merger of U.S. carriers was the combination of Delta and Northwest in 2008. That deal created the biggest airline in the world - a roost that now looks to be short-lived.
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