M&A Deal Summary

United Acquires Continental Airlines

On May 2, 2010, United acquired airliner Continental Airlines for 3.0B USD

Acquisition Highlights
  • This is United’s 2nd transaction in the Airlines sector.
  • This is United’s largest (disclosed) transaction.
  • This is United’s 2nd transaction in the United States.
  • This is United’s 1st transaction in Texas.

M&A Deal Summary

Date 2010-05-02
Target Continental Airlines
Sector Airlines
Buyer(s) United
Deal Type Merger
Deal Value 3.0B USD

Target

Continental Airlines

Houston, Texas, United States
Continental Airlines, Inc. is an international airline company that offers passenger and cargo air transportation services.

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Buyer(S) 1

Buyer

United

Chicago, Illinois, United States

Category Company
Founded 1968
Sector Airlines
Employees104,500
Revenue 53.7B USD (2023)
DESCRIPTION
United office in Houston, Texas.
United office in Houston, Texas.

United is a provider of passenger and cargo transportation services. United was founded in 1934 and is based in Chicago, Illinois.


DEAL STATS #
Overall 3 of 3
Sector (Airlines) 2 of 2
Type (Merger) 1 of 1
State (Texas) 1 of 1
Country (United States) 2 of 2
Year (2010) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-01 Azul Linhas Aereas Brasileiras SA

Barueri, Brazil

Azul Linhas Aereas Brasileiras is a Brazilian low-cost airlines.

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