BNET Industries
Continental Airlines Inc. (CAL) is in the Travel Industry
- Revenue
- Dec 31 2007
- $14.2B
- Profit
- Dec 31 2007
- $459.0M
- Market Cap
- May 15 2008
- $1.8B
Latest News and Analysis
Airport Slot Auctions Proposed For Newark, JFK
WASHINGTON (Reuters) - The U.S.government proposed on Friday to auction some takeoff and landing rights at the New York area's two international airports, as a way to boost competition, a plan that drew sharp criticism from airlines. The Transportation Department plan for Newark...
BA Says in Talks With American, Continental
LONDON/NEW YORK (Reuters) - British Airways BAY said on Wednesday it was in discussions with two of its largest U.S. rivals, American Airlines and Continental Airlines, which a source briefed on the matter said was about a potential alliance. Such a...
BA Says in Talks With U.S. Airlines
LONDON (Reuters UK) - British Airways BAY said on Wednesday it was in discussions with U.S. airlines American and Continental, which a source briefed on the matter said was about a potential alliance. "British Airways is exploring opportunities for co-operation with American Airlines and Continental...
UAL Pilots Leader Pans Possible Merger With US Air
WASHINGTON (Reuters) - A "toxic stew" of problems with pilots and other issues at US Airways Inc LCC would imperil any merger between that carrier and United Airlines, the leader of the United pilots' union said on Tuesday. While United has its own...
UAL and US Air Merger Talks Advance: Sources
By John Crawley WASHINGTON (Reuters) - UAL Corp UAUA and US Airways Group Inc LCC are in advanced merger talks prompted by Continental Airlines Inc's CAL decision this weekend to walk away from similar talks with UAL, sources with knowledge of...
UAL, USAir in "very Advanced" Merger Talks: Sources
WASHINGTON (Reuters) - United Airlines, a unit of UAL Corp UAUA and US Airways Group Inc LCC are in "very advanced" merger talks, two sources with knowledge of the matter said on Monday. A deal, one of the sources said, could be finalized...
Continental Not Merging With UAL
By Jui Chakravorty Das NEW YORK (Reuters UK) - Continental Airlines CAL has called off talks with United Airlines UAUA because of United's weak financial condition and a feeling that a merger would risk its own financial health, a source briefed on the matter said...
Continental Not Merging With UAL
By Jui Chakravorty Das NEW YORK (Reuters) - Continental Airlines Inc CAL has called off talks with United Airlines UAUA because of United's weak financial condition and a feeling that a merger would risk its own financial health, a source briefed on the...
United in Merger Spotlight With US Air and Continental
By John Crawley and Kyle Peterson WASHINGTON/CHICAGO (Reuters UK) - United Airlines seems to be the prime mover in the next industry merger, and a decision could come soon as carriers are forced to consolidate for survival. Now that a proposal for Delta Air Lines DAL...
United in Merger Spotlight With US Air, Continental
By John Crawley and Kyle Peterson WASHINGTON/CHICAGO (Reuters) - United Airlines seems to be the prime mover in the next industry merger, and a decision could come soon as carriers are forced to consolidate for survival. Now that a proposal for Delta Air...
American Airlines in Talks With Continental, US Air
By Jui Chakravorty Das NEW YORK (Reuters) - American Airlines AMR has had early-stage merger talks with US Airways LCC and is in advanced talks for an alliance with Continental Airlines CAL, sources briefed on the situation said on Friday. News of the...
American Airlines in Talks With Continental and US Airways
NEW YORK (Reuters) - American Airlines AMR has had early-stage merger talks with US Airways LCC and is in advanced talks for an alliance with Continental Airlines CAL, sources briefed on the situation said. American Airlines' talks with Continental are focused on ...
ExpressJet Rejects Takeover Offer From SkyWest
NEW YORK (Reuters) - ExpressJet Holdings Inc XJT said on Friday it rejected a $181.5 million takeover bid from SkyWest Inc SKYW and has begun began a review of strategic alternatives, including talks with SkyWest for a higher price. SkyWest offered to pay...
Delta, Northwest Profit Hammered By Fuel and Charges
By Kyle Peterson CHICAGO (Reuters) - Delta Air Lines Inc DAL and Northwest Airlines NWA, set to merge to become the world's largest carrier, on Wednesday said record-high fuel costs slashed their overall valuation, leading to $10.5 billion in losses during...
Continental, Southwest Earnings Hurt By Fuel Costs
By Mark McSherry NEW YORK (Reuters) - Continental Airlines Inc CAL and Southwest Airlines Co LUV, two of the healthiest major U.S. carriers, said on Thursday that record-high fuel costs led to disappointing quarterly earnings and they cut growth plans. Continental's loss and...
Continental Airlines Posts Loss
NEW YORK (Reuters) - Continental Airlines Inc CAL on Thursday posted a first-quarter loss and said it would reduce capacity as record fuel costs continue to roil the industry. The fourth-largest U.S. carrier reported a net loss of $80 million, or 81 cents...
Delta/Northwest Merger May Spark More
Merging Delta Air Lines Inc and Northwest Airlines Corp could send other carriers racing to help them claim the cost savings and global brand recognition needed to survive amid soaring fuel prices and a weak US economy.If the long-awaited consolidation wave were, in fact, at hand, the airlines most...
Delta/Northwest May Spark More Airline Mergers
By Kyle Peterson CHICAGO (Reuters UK) - The proposed merger of Delta Air Lines Inc DAL and Northwest Airlines Corp NWA is likely to spur other carriers to go after the cost savings and global brand recognition required to survive amid soaring fuel prices and...
Delta/Northwest May Spark More Airline Mergers
By Kyle Peterson CHICAGO (Reuters) - The proposed merger of Delta Air Lines Inc DAL and Northwest Airlines Corp NWA is likely to spur other carriers to go after the cost savings and global brand recognition required to survive amid soaring fuel prices...
Evidence on Pricing From the Continental Airlines and Northwest Airlines Code-Share Agreement
Recent code-share agreements among major US airlines allow the partner airlines to sell seats on each other's flights across the US.1 Code-share agreements are common at hub airports and internationally, but the new domestic agreements have distinctive features. Namely, the partner airlines are major rivals in the US and, in...
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- Incorporated: 1985
- CEO: Mr. Lawrence W. Kellner
Continental Airlines is a U.S. air carrier engaged in transporting passengers, cargo and mail. Co., together with its wholly owned subsidiary, Continental Micronesia, Inc. (CMI) operates more than 2,900 daily departures. As of Dec. 31 2007, Co. flew to 134 domestic and 130 international destinations and offered additional connecting service through alliances with domestic and foreign carriers. Co. directly served 27 European cities, nine South American cities, Tel Aviv, Delhi, Mumbai, Hong Kong, Beijing, Tokyo, and provides service to Mexico and Central America, serving 41 cities. Through its Guam hub, CMI provides service in the western Pacific, including service to Japanese cities.
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Continental Airlines Inc. Company Info
Board of Directors
Mr. Lawrence W. Kellner
Chairman
Mr. Ronald B. Woodard
Mr. Kirbyjon H. Caldwell
Mr. Douglas H. McCorkindale
Mr. Henry L. Meyer III
Mr. Oscar Munoz
Dr. George G. C. Parker Ph.D.
Mr. Jeffery A. Smisek
Ms. Karen Hastie Williams
Mr. Charles A. Yamarone
Contact Information
1600 Smith Street
Dept. HQSEO
Houston, TX
713 324-2950