Hutchison statement on United Airlines and Continental Airlines merger
03-May-2010 U.S. Senator Kay Bailey Hutchison (R-TX) released the following statement concerning the announcement of the proposed merger between United Airlines and Continental Airlines:
"I understand the need for companies to remain competitive and viable in a very tough industry and will examine this proposed merger on its merits. I intend to thoroughly review and monitor both the short and long term effects of this merger on both the Houston economy as well as on the competitiveness of the U.S. aviation industry as a whole.
"The proposed merger with United raises understandable concerns about the impact on the Houston area economy as well as broader issues with competition and choice. Continental has been an integral part of the Houston economy for generations, in terms of both the jobs it provides and the unique role it plays in supporting the traveling public and the Houston business community with reliable and affordable travel.
"I will be monitoring the proposed transaction as it undergoes regulatory review to make sure these issues are considered."