InfoAnda - Continental Airlines Gets A Nod From DOT To Join Star Alliance

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Home | News Briefs | U.S. | World | Celeb Buzz | Entertainment | Sports | Business | Health | Sci / Tech | Politics | Weird & Offbeat --- Advertisment --- Continental Airlines Gets A Nod From DOT To Join Star Alliance July 10, 2009 2:18 p.m. EST --- Advertisment --- Mayur Pahilajani - AHN News Writer Washington, D.C. (AHN) - Continental Airlines (NYSE: CAL) has won the approval from the U.S. Department of Transportation (DOT) on Friday to join the existing antitrust immunized alliance including United Airlines (Nasdaq: UAUA) and eight other Star Alliance member carriers. "We are pleased to receive final approval from the Department of Transportation," Continental's chairman and CEO Larry Kellner said in a statement today. "The DOT decision greatly benefits our customers, employees and shareholders. It ensures global competition with other antitrust immunized alliances while encouraging the retention and growth of open skies between the U.S. and other nations," he added. Kellner said Continental is working to provide a "seamless transition" for its customers from the SkyTeam alliance to Star Alliance this fall. In addition to United, the eight Star Alliance members who have been granted DOT approval for antitrust immunity are Air Canada, Austrian, bmi, Lufthansa, LOT Polish Airlines, Scandinavian Airlines (SAS), SWISS and TAP Air Portugal. Houston-based Continental had applied for an approval at the Department of Transportation in July 2008, in a bid to collaborate with other international flights as part of the Alliance. The company received preliminary approval in April, following which on June 26 the Justice Department asked the Department to increase restrictions on the pact, which was affecting the consumers on some of the international routes. "Today's decision from the Department of Transportation facilitates the development of a competitive partnership that is good for consumers, our employees and the communities we serve," United's Chairman, President and CEO Glenn Tilton said in the statement. He added, "United, Continental and the Star Alliance carriers will be able to compete more effectively in an increasingly global air travel market, while providing our respective customers with improved access to more of the world and creating opportunities for our employees." Copyright © 2003 - 2009 AHN - All rights reserved.Redistribution, republication. syndication, rewriting or broadcast is prohibited without the prior written consent of AHN.License AHN news for your website, business, digital signage network or publication. Home | News Briefs | U.S. | World | Entertainment | Sports | Business | Health | Sci / Tech | Politics | Weird / Offbeat © 2009 AHN Client Login | Submit News | Privacy Policy | Terms of Use | Contact | Content Services All Rights Reserved

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