Company Watch - Continental Airlines.For more company data and analysis, please go to: http://www.airguideonline.com/professional.htm Continental Airlines last week inaugurated daily nonstop flights between its hub at Newark New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Cologne/Bonn (Germany). This will be the only direct scheduled service between the US to the two German cities. Flights will be operated with 172-seat Boeing 757-200 aircraft, carrying 16 passengers in the BusinessFirst cabin and 156 in economy. Conti also flies Berlin, Frankfurt and Hamburg from the New Jersey airport just across the Hudson from Manhattan. Later this month the airline will add daily nonstop services to Barcelona and Copenhagen, bringing to 28 the number of transatlantic destinations served via Newark Liberty. http://www.continental.com May 14, 2006 Continental Airlines launched daily Newark-Cologne/Bonn service aboard a two-class 757-200 Wednesday. Flights will operate five-times-weekly during the winter. May 12, 2006 Continental Airlines and the Air Line Pilots Assn. issued statements Thursday protesting the US Dept. of Transportation's revised Notice of Proposed Rulemaking A notice of proposed rulemaking or NPRM is issued by law when a regulatory agency of the United States Federal Government wishes to add, remove, or change a rule (or regulation) as part of the rulemaking process. Outside the USA. issued Wednesday that clarified its position on foreign control of US airlines. Continental, which opposed the original NPRM (Notice of Proposed Rule Making) An announcement by an agency of the U.S. government that proposes a change in regulations. It is followed up by a final ruling. issued last fall, said DOT "abdicated its responsibility," that the plan "failed to resolve the significant legal and policy concerns raised by Congress, industry and labor," and that it "makes it clear that foreign investors will be allowed to control all significant decisions at a US air carrier and highlights the unworkable nature of bifurcating control of a corporation." ALPA ALPA abbr. Air Line Pilots Association President Duane Woerth called on DOT to "halt this misguided effort and let Congress act [because] erecting a firewall around safety and security operations within the corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. of a US airline is simply not possible" and because "the dominant investor wields the power...no matter what the fine print of federal regulations may say." May 8, 2006 Continental said it had selected Chautauqua Airlines, a unit of Republic Airways Holdings Republic Airways Holdings, Inc. (NASDAQ: RJET) is an aviation holding corporation based in Indianapolis, Indiana, which owns three regional airlines operating in the United States: Chautauqua Airlines, Republic Airlines and Shuttle America. , to replace the ExpressJet service. However, this agreement was premised on ExpressJet's returning the ERJs to CO for onward lease to Chautauqua Chau`tau´qua 1. a meeting, usually held in the summer outdoors or under a temporary tent, providing public lectures combined with entertainment such as concerts and plays. It originated in the village of Chautauqua, N. Y. . Attempts to reach a spokesperson for Chautauqua were unsuccessful at press time. ExpressJet had until Sept. 28 to decide "whether [to] return any or all of the aircraft or continue to sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. [them] at increased lease rates and fly them outside of [CO] hubs under a brand other than Continental Express," according to CO. May 8, 2006 |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion