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
- Jul 02 2008
- $873.1M
Latest News and Analysis
BA Deal With American and Iberia Seen Possible Soon
By John Bowker and Jui Chakravorty LONDON/NEW YORK (Reuters UK) - British Airways BAY, AMR Corp's AMR American Airlines and Spain's Iberia IBLA are close to forming a transatlantic partnership that would apply for antitrust immunity, a source briefed on the matter said on Thursday....
BA, American, Iberia Deal Possible Soon: Source
By John Bowker and Jui Chakravorty LONDON/NEW YORK (Reuters) - British Airways Plc BAY, AMR Corp's AMR American Airlines and Spain's Iberia IBLA are close to forming a transatlantic partnership that would apply for antitrust immunity, a source briefed on the ...
BA Close to Joint Venture With American and Iberia
By John Bowker LONDON (Reuters UK) - British Airways BAY, American Airlines AMR and Spain's Iberia IBLA are close to applying for antitrust immunity to form a transatlantic joint venture, the Financial Times said on Thursday. The airlines aim to reach an agreement on profit and...
French Court to Try U.S. Airline Over Concorde Crash
By Crispian Balmer PARIS (Reuters) - A French judge has ordered U.S. carrier Continental Airlines and five individuals to stand trial over the crash of an Air France Concorde that killed 113 people, a prosecutor's statement said on Thursday. The judge said the...
American, Iberia, BA Plan Joint Venture: Report
(Reuters) - AMR Corp's AMR American Airlines, British Airways Plc BAY and Spain's Iberia IBLA are close to applying for antitrust immunity to form a joint venture, the Financial Times said on Thursday. The airlines aim to reach an accord on profit and...
Airline Pilots Brace For Downsizing, Career Change
By Kyle Peterson CHICAGO (Reuters) - United Airlines pilot Todd Coomans has yet to fully recover from a painful furlough five years ago that set his airline career back several years and, along the way, also cost him his marriage. Now the 46-year-old...
Some Consequences if Oil Prices Stay High
Zacks.com submits: Director of Zacks Equity Research Dirk van Dijk, CFA has long considered the affects of sky-high energy prices for an extended period of time on the overall global economy. Today we have him spell out a couple scenarios that may be plausible in the months and...
Are Airlines Stocks a Contrarian Opportunity?
Contrarian Profits submits: By Eric Roseman Skyrocketing energy prices are making the headlines almost daily since last spring. Over the last 12 months, crude oil prices have more than doubled and gas prices are heading to US$5 per gallon. by Contrarian Profits
The ATM at the Airlines
Glenn Alperin submits: I won't go so far as to say the airlines are all in trouble, but surely a few of them are, and those that aren't in trouble are currently hurting very badly. It's no wonder why, really. The cost of jet fuel, much like the cost of...
Junk-Bond Defaults Continue Apace - Moody's
Research Recap submits: Junk bond ratings continued on a downward trend in May and look set to continue as the number of companies with Moody’s lowest speculative grade liquidity rating matched the peak seen since such ratings were introduced in 2002. Consumer-spending slowdown and higher prices for...
Investors Look to the Fed for Signals on Inflation and Interest Rates
William Patalon III submits: The U.S. Federal Reserve will be in the spotlight again this week - and not because of those speaking engagements that seem to help whipsaw investor emotions. Tuesday and Wednesday, central bank Chairman Ben S. Bernanke will meet with his fellow policymakers on the interest-rate setting...
United Airlines to Lay Off 950 Pilots
By Kyle Peterson CHICAGO (Reuters) - UAL Corp UAUA, parent of United Airlines, said on Monday it plans to lay off 950 pilots as it prepares to cut domestic capacity to offset soaring fuel prices. "As we reduce the size of our fleet...
Continental, United Plan Global Cooperation
By Mark McSherry NEW YORK (Reuters) - Continental Airlines Inc CAL and UAL Corp's UAUA United Airlines on Thursday announced a global cooperation plan, the latest move in the dance between major U.S. carriers as they weigh mergers and alliances to help ...
Northwest Airlines to Cut Capacity Further
NEW YORK (Reuters) - Northwest Airlines Corp NWA on Tuesday said it would reduce the number of seats for sale in the fourth quarter and cut its work force as it struggles with sky-high fuel costs. Northwest, which has agreed to be acquired...
Major U.S. Airlines See Billion Pound Loss in 2008
By John Crawley WASHINGTON (Reuters UK) - U.S. airlines projected on Tuesday they could lose $10 billion (5.11 billion pounds) in 2008 due to skyrocketing fuel costs, a sum that would almost match the industry's worst-ever year loss in 2002. James May of the Air Transport...
Major U.S. Airlines See $10 Billion Loss in 2008
By John Crawley WASHINGTON (Reuters) - U.S. airlines projected on Tuesday they could lose $10 billion in 2008 due to skyrocketing fuel costs, a sum that would almost match the industry's worst-ever year loss in 2002. James May of the Air Transport Association...
U.S. Airlines Seek Help to Defer China and Other Services
By John Crawley WASHINGTON (Reuters UK) - U.S. airlines say they cannot afford to fly new routes or maintain all flights to China and other countries that restrict access, but they still want to keep their rights to serve those destinations. Carriers asked the Bush administration...
U.S. Airlines Seek Help to Defer China and Other Services
By John Crawley WASHINGTON (Reuters) - U.S. airlines say they cannot afford to fly new routes or maintain all flights to China and other countries that restrict access, but they still want to keep their rights to serve those destinations. Carriers asked the...
US Airways to Slash 1,700 Jobs, Cut More Capacity
By Mark McSherry NEW YORK (Reuters) - US Airways Group Inc LCC said on Thursday it will reduce its work force by 1,700, or about 5 percent, and will cut more capacity than planned and introduce new fees as the airline industry battles...
Airline Deregulation: Now Do It for Real
Felix Salmon submits: Bob Crandall, who used to run American Airlines, thinks that airline deregulation has been a failure and wants to re-regulate the whole thing. But his argument comes from the point of view of airlines, not of passengers: Deregulation did bring lower fares and...
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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.
Key Competitors
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
Mr. George G. C. Parker
Mr. Jeffery A. Smisek
Ms. Karen Hastie Williams
Mr. Charles A. Yamarone
Contact Information
1600 Smith Street
Dept. HQSEO
Houston, TX
713 324-2950
NAICS Code
Scheduled Passenger Air Transportation: 481111Brought to you by IBMSponsored Resources
