New Company Name and Stock Symbol for Post-Merger United

When United Airlines entered bankruptcy protection in 2002, it was de-listed from the New York Stock Exchange and lost it’s UAL ticker symbol. After emerging from Chapter 11, United’s new stock issuance was traded on the Nasadq under the symbol UAUA.

With the merger set to conclude on October 1, United will be returning to the NYSE and reclaim the UAL symbol. Untied’s stock continues to perform well (up $1.08 today to close at $23.50/share) and is scheduled to complete a stock merger with Continental (1.05 UA shares for every CAL share) on the same day the overall merger concludes.

Also, the new UA-CO parent company will be named United-Continental Holdings, leaving "Continental" in the official name of the new company (the company will still go by United and feature Continental livery on its aircraft).

I’m still highly skeptical that the merger will be good news for consumers and frequent flyers, but there’s something about seeing the UAL ticker symbol back that hints at progress and a final closing of the tumultuous bankruptcy years at United that led to steep dives in service levels and employee morale that still have not fully recovered.