Air Transport World

Air Canada looks south. (making bid with Air Partners to majority stake in Continental Airlines Holdings Inc.)

Air Canada's bid to acquire 29% of Continental Airlines Holdings demonstrates nothing if not that the airline is flexible in its bid to secure a future. The proposal, after all, came in between a marketing alliance with United Airlines that includes code-sharing, and another merger proposal with Canadian Airlines Int'l. Canadian already has rejected one such proposal.

Both United and Air Canada said the marketing alliance would not be affected by a Air Canada/Continental hookup. What is not clear, however, is why United would want to share Air Canada with a major competitor, unless it is part of a larger plan to create a North American "super" mega-carrier by combining Air Canada and/or Continental with United. …

Log in to your account to read this article – and millions more.