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DoT clears one of last hurdles for Continental-United merger

1-Sep-2010 11:18 AM

Continental Airlines stated (31-Aug-2010) the US Department of Transportation (DoT) issued a route transfer exemption for Continental Airlines, Continental Micronesia and United Airlines, one of the last regulatory approvals needed to close the merger between Continental and United. The exemption allows the carriers to operate under common ownership until DoT completes the route transfer process for a single operating certificate. [more - SEC Filing]