United, Continental Name Merger Integration Team
United Airlines and Continental Airlines, which plan to merge, said on Wednesday they have agreed on the structure and leadership of a merger integration team.
In messages to employees included in Securities and Exchange Commission filings, the two airlines said a six-member panel will make key decisions on the integration.
That panel's members will include Continental chief executive Jeff Smisek and UAL chief executive Glenn Tilton, Continental finance chief Zane Rowe and United Chief Financial Officer Kathryn Mikells, Continental Chief Marketing Officer Jim Compton and Pete McDonald, chief administrative officer at United.
The filings added that the companies expect the merger, which must be approved by regulators, to close later this year. The process by which the two carriers are integrated into a single operating entity is expected to be completed by the first half of 2012, Continental's filing said.
Smisek is expected to be chief executive of the new United Airlines, which would become the world's biggest airline ahead of Delta.