Continental announces succession plans
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Continental Airlines Tuesday said Jeff Smisek, executive vice president and president-elect, has been elected to its board of directors.
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Continental Airlines Inc. said yesterday it would cut about 425 jobs, or 1 percent of its work force, through staff reductions, attrition, and elimination of unfilled vacancies as part of an effort to trim expenses by another $200 million.
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Leading supermarket chain lays out road map for the future.
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United Airlines is holding preliminary talks to merge with Continental Airlines.
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Continental Airlines Inc. reported a $16 million third-quarter loss on Tuesday, including $22 million in special charges related to retirement of leased MD-80 aircraft, and said it expects to report losses in 2004 and in 2005 unless conditions improve.
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Continental is the first major US airline to purchase Boeing&#39;s new, efficient 7E7 wide-body airliner. Boeing will build 10 of the fuel-efficient jets for the carrier, with initial delivery scheduled for 2009.
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Continental Airlines said Wednesday that it will order 10 of Boeing&#39;s new Dreamliner aircraft that promise the latest in passenger comfort, becoming the first major US airline to commit to the planes.
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Boeing (BA :Nasdaq - news - research) and Continental Airlines shares will be in focus Thursday after the carrier announced an agreement for delivery of the planemaker&#39;s new 7E7 jetliner.
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The Federal Aviation Administration plans a hiring spree to replace the thousands of air traffic controllers expected to retire in the next eight years.
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In July, German auto parts maker, Continental, clinched a major deal to acquire Siemens VDO. Now the company must integrate a company nearly its own size.
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Feeling continued pressure from the low-cost carriers, Continental Airlines is joining six other airlines in a ticket distribution network that will save them money.
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NEW YORK - Continental Airlines joined a growing number of airlines that plan to charge service fees when tickets are sold through traditional outlets.
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Sky Team, one of the worldâs three airline alliances, announced that Continental Airlines, KLM Royal Dutch Airlines and Northwest Airlines officially joined the alliance at its governing board in New York, Monday.
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Continental Airlines Inc. expects to  take $19 million in fourth-quarter charges for future lease  payments and return conditions for aircraft retirements, the  No. 5 U.S. airline said in a filing on Friday.
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Cadbury Schweppes is to set out plans for a big overhaul of its business amid speculation of substantial job cuts.
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Automotive parts and tire maker  Continental AG  believes the impact of the possible  merger between car firms General Motors , Renault   and Nissan (7201.T) would be mixed, a board member  told newspaper Euro am Sonntag.
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The chief executive of the Altria Group, Louis C. Camilleri, said yesterday that the company might split into two or three independent entities.