The years following emergence from bankruptcy garnered mixed results for UAL. The company turned a profit in 2007, but the fuel crisis in the summer 2008, when crude oil briefly reached $147 a barrel, pushed the company into losses. After decades of boom and bust cycles, CEO Tilton pushed for a merger with another major US carrier. Tilton stated that a larger market-share and a more diverse route network was the way for UAL to reach sustained profitability, though many, including UAL's unions groups, strongly disagreed. In early 2008 UAL Corporation held merger talks with American airline operator Continental Airlines, Inc. The deal was called off after problems in the credit markets, as well as weak support from labor groups, prevented the merger. UAL's United then decided to form an alliance with Continental. In May 2010 United announced a full merger between the two carriers. The combined airline uses the trade name United Airlines with the Continental globe logo. Directors The directors of UAL Corporation at the time of the merger were: Glenn F. Tilton, Chairman/President/CEO Wendy Morse (Pilots' Union) Stephen R. Canale (Machinist & Aerospace Workers union) W. James Farrell David J. Vitale Robert D. Krebs Steve Miller James J. O'Connor (Lead Director) Mary K. Bush John H. Walker Richard J. Almeida Walter Isaacson Jane F. Garvey Subsidiaries The company's subsidiaries at the time of the merger were: United Airlines, Inc. (including United Cargo) Covia, LLC Domicile Management Services, Inc. (also subsidiary of Air Wis Services) Kion de Mexico, S.A. de C.V Kion Leasing, Inc. Premier Meeting and Travel Services, Inc. UAL Loyalty Services Inc. (loyalty programs and travel clubs, including United Cruises) Mileage Plus Holdings Inc. Mileage Plus Marketing, Inc. (administers the Mileage Plus frequent flyer program) ULS Ventures, Inc. United Airlines Ventures, Inc. United Aviation Fuels Corporation (fuel purchasing unit) United Cogen, Inc. (develops and operates cogeneration and power projects) United GHS, Inc. (ground handling services) United Vacations Inc. United Worldwide Corporation Air Wis Services, Inc. Air Wisconsin, Inc. (not to be confused with Air Wisconsin Airlines Corporation, an independent corporation and former United Express partner) Domicile Management Services, Inc. (also subsidiary of United Airlines) Four Star Insurance Company, Ltd. Four Star Leasing, Inc. UAL Benefits Management, Inc. UAL Company Services Inc. References Garvey, William and David Fisher. The Age of Flight: A History of America's Pioneering Airline. Greensboro, NC: Pace Communications, 2002. External links UAL Company