The Flying Critic News

Continental Airlines announces public offering of 11 million shares of Class B Common Stock at $14.80 per shares.

Continental Airlines will stop serving the following cities:

Denpasar, Bali, Indonesia Oakland, Calif. Cali, Colombia Palm Springs, Calif. Chattanooga, Tenn. Reno, Nev. Cologne, Germany Santiago, Dominican Republic Green Bay, Wis. Sarasota, Fla. Guayaquil, Ecuador Tallahassee, Fla. Monclova, Mexico Toledo, Ohio Montgomery, Ala.

Continental Airlines to cut flights, 3,000 jobs

Continental Airlines begins nonstop service from Cleveland to Paris tomorrow.

Continental Airlines reports no merger:

We want you to know that our Board of Directors met today and has unanimously supported management’s recommendation that, in the current industry environment, the best course for Continental is to not merge with another airline at this time.

Continental Airlines launches a consolidation info website

Continental lost $80 million in 1Q (vs. earning $20 million in 1Q last year); will reduce capacity and retire at least 14 older planes over the next year starting in September.

One Mile at a Time points us to a statement by the ALPA re: a possible CO/UA merger