Adding fuel to earlier rumors, NYT reports Continental Airlines (CAL +1.7%) is in merger talks...

|About: American Airlines Group (AAL)|By:, SA News Editor

Adding fuel to earlier rumors, NYT reports Continental Airlines (CAL +1.7%) is in merger talks with UAL (UAUA +3.6%). Analysts say Continental-UAL tie up would be superior to one between UAL and US Airways (LCC -0.5%), and some even speculate the latest rumors of talks between UAUA and LCC were meant to draw CAL back to the bargaining table.