Tomahawk, WI 07/02/2014 (Basicsmedia) – A per Jared Shojaian and Hunter Keay of Wolfe Research United Continental Holdings, Inc. (NYSE:UAL) and JetBlue Airways Corporation (NASDAQ:JBLU) should swap their planes the conflict between the two leads to an overall loss. They added if United Continental decides to acquire JetBlue’s 60 E-190s, both the businesses will definitely benefit from the deal. The same type of transaction has also been performed in past when Data Airlines Inc. (NYSE:DAL) acquired 88 B717s of Southwest Airlines Company (NYSE:LUV) in 2012. And eventually the deal turned out to be a huge benefit for both.
Also with this agreement United Continental Holdings, Inc. (NYSE:UAL) would be benefited more as there would be no need to increase the seat capacity due to the incoming passengers from JetBlue. Right now both the companies are outperforming with respect to their revenue generation and hence merging up their flight passengers will defiantly help them out.
United Continentals’ Plane Lands In Midway
United Continental Holdings, Inc. (NYSE:UAL)’s pilot had to opt for an emergency landing for its Chicago to Southern California flight in Kansas due to some problems. As per the flight crew, an evacuation raised inside the plane which filled up a part of the cabin and eventually forced the pilot to land the airplane.
According to Mike Schroedor, a passenger boarded on the flight, he heard some whisper and crackle sound behind him in the front row. To his surprise he found the Boeing 737-700’s evacuation glide pumping up which was in due course filling up the gallery. He was amazed with the same as the slide would just inflate in case of an emergency. Consequently, he informed the pilot regarding the same and a big damage was saved.
The Airline group has confirmed that no one is injured on the flight and that even no harm has been done to the airplane. United Continental has sent a special squad for further investigation.