HOUSTON and CHICAGO -- The CEOs of both Continental Airlines and United Airlines are sending strong signals that a merger between the two would be considered.

Following Monday's announcement from Delta Air Lines and Northwest Airlines on its merger plans, there are now rumblings that Continental and United are entertaining discussions of a possible merger.

In an April 15 press release, Larry Kellner, chairman and CEO of Continental Airlines, said the [airline industry] landscape is changing and the carrier "will review our strategic alternatives and make sure we remain a strong long-term competitor." United Airlines Corp. Chairman, President and Chief Executive Glenn Tilton said the airline "will participate in consolidation when and if it is the right choice."

Meanwhile, the $200 million Continental FCU, which serves Continental and US Airways, is ready for whatever the future holds.

"I hope that Continental Airlines continues to operate as the independent, strong, successful airline it already is," said Tom Glatt, president/CEO of Continental FCU. "They will do what is in the best interests of their stockholders and employees," adding if Continental decided to merge with another carrier, it will still present "significant growth opportunities" for Continental FCU.