Oil prices rose to $95 a barrel and stocks fell about 1 percent by midday. The surge in oil prices boosted oil company stocks.
Airline tickets aren't as plentiful as in 2008, allowing airlines to price them higher.
American Airlines will recall 250 pilots starting in November and 545 flight attendants starting this month. The airline last recalled pilots in 2009 and flight attendants in 2008.
United Airlines, the combined airline, will display Continental's colors and globe logo on the tail.
Continental Airlines and UAL shareholders approved the deal, which will create the world's biggest airline
The $3 billion airline merger of UAL and Continental would create the world's largest airline.
Spirit Airlines is canceling all of its flights through Tuesday.