Company Watch - Continental Airlines.Sep 17, 2007 Continental Airlines will begin offering three daily flights from Piedmont Triad International Airport Piedmont Triad International Airport (IATA: GSO, ICAO: KGSO, FAA LID: GSO) (commonly referred to as "PTIA" or just "PTI") is an airport just west of Greensboro, serving Greensboro, High Point and Winston-Salem in North Carolina. to its hub in Cleveland. Sep 14, 2007 Airline shares up, Continental offers rosy 3Q outlook. The Amex Airlines index closed 2.4% higher, and two brokerages upgraded their views of Continental Airlines' stock and earnings potential after the airline updated its outlook for the third quarter. Continental is the first of the major carriers to give an update on its third-quarter outlook. The airline sees capacity rising 3.5% from last year, in line with the increase it predicted in July. Sep 12, 2007 Continental continues pension payments ahead of schedule. Continental Airlines has contributed another $50 million to its defined-benefit pension plans defined-benefit pension plan A pension plan in which retirement benefits rather than contributions into the plan are specified. Thus, a retired employee who has reached a certain age with a given number of years of service and has earned a certain income is , for total payments this year of $261 million. The airline expects to contribute more than $325 million to pension plans this year, far more than its minimum funding requirement The Minimum Funding Requirement (MFR) was a part of United Kingdom legislation in the Pensions Act 1995, and was introduced on 6 April 1997. The Pensions Act 2004 abolishes the MFR replaces it with new "scheme funding objective"; this came into force on 30 December, 2005 for all of $187 million. Sep 12, 2007 Continental Airlines will add two daily round-trip flights between its Cleveland hub and Green Bay next year. Continental, along with Mayor Frank G. Jackson For other persons of the same name, see Frank Jackson. Frank George Jackson (born October 4, 1946) is a politician of the Democratic Party. He was elected the 57th mayor of Cleveland, Ohio on November 8, 2005. and Governor Ted Strickland Ted Strickland, (born August 4 1941) is an American politician of the Democratic Party, and the current Governor of the state of Ohio. Before his election in 2006, he served six terms as a member of the United States House of Representatives from Ohio’s 6th district. , announced a plan by Continental to grow its capacity at Cleveland Hopkins International Airport Coordinates: Cleveland Hopkins International Airport (IATA: CLE, ICAO: KCLE, FAA LID: CLE) is a public airport located nine miles (14 km) southwest of the central business district of Cleveland, a city in Cuyahoga by 40 percent over a two-year period. Sep 14, 2007 Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new real-time service that keeps travelers informed on flight and airport status, delays, security wait times via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group. All rights reserved. |
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