5 result(s) displayed (1 - 5 of 5):

PE ally for tattered airliners (from Corporate Dealmaker)

The surprise decision by Continental Airlines Inc. (NYSE:CAL) CEO Larry Kellner (pictured) to leave his post at year's end to join startup private equity firm Emerald Creek Group LLC is a short-term loss for both the airline and the industry, but could be a long-term positive if and when airlines...

Posted on July 17, 2009 2:18 PM

Continental sets date to switch airline alliances (from Corporate Dealmaker)

Continental Airlines Inc. has set a date for its long-expected divorce from the international SkyTeam alliance, saying Thursday that it expects to leave a partnership with Delta Air Lines Inc., Air France SA and others on Oct. 24 to join the rival Star Alliance.With cross-border M&A limited in most of...

Posted on January 29, 2009 3:45 PM

United and Continental create alliance (from Corporate Dealmaker)

Less than two months after rejecting a marriage proposal from United Airlines Inc., Continental Airlines Inc. on Thursday decided it still wants to be friends. Houston-based Continental and United on Thursday announced plans for forming a comprehensive codesharing alliance, linking their networks and (hopefully) creating seamless connections for passengers of...

Posted on June 19, 2008 3:47 PM

UAL-US Airways merger may be 10 days away (from Corporate Dealmaker)

Despite labor, finance and antitrust hurdles, a deal between US Airways Group Inc. and United Airlines may come within 10 days, according to a WSJ report. Citing people familiar with the situation, though, the article reports the two carriers haven't worked out all the deal terms, including who would...

Posted on May 5, 2008 1:53 PM

Continental may change partners, boosting BA (from Corporate Dealmaker)

The tempo for the musical-chairs game of airline consolidation has the same disorienting mix of haste and waiting that air travel does. Strategic options seem to shift rapidly, but actual deals take forever. Case in point: Continental Airlines Inc., which last weekend backed away from a merger with UAL Corp.,...

Posted on May 1, 2008 11:07 AM