The world’s largest carrier has been created via a merger between United Airlines and Continental Airlines, as consolidation spreads throughout the industry.The two US airlines expect the merger to deliver savings of more than $1 billion a year. The deal, which is worth $3.2 billion (£2.1 billion), will see a company that will carry 144 [...]

More: United and Continental Airlines in merger

I wonder how the airline industry is going to do as a whole in the coming years. The losses they have made, can't be sustainable.