Continental Airlines Calls for Competitive Balance in Global Airline Alliances
February 04 2009 - 5:08PM
PR Newswire (US)
WASHINGTON, Feb. 4 /PRNewswire-FirstCall/ -- Continental Airlines
(NYSE: CAL) today released the following statement in response to
comments by House Transportation and Infrastructure Chairman James
Oberstar discussing proposed legislation to study the effects of
airline alliances and antitrust immunity (ATI): Continental would
be pleased to participate in Chairman Oberstar's proposed study.
However, any further delay in the review of the current ATI
applications perpetuates the competitive imbalance that now exists,
and we caution against prolonging the current anticompetitive
environment. We are confident DOT will approve our applications to
participate in Star Alliance. It is important for this review to be
completed expeditiously so we can provide effective competition to
airlines globally, including the world's largest airline, which
already operates in an antitrust immunized global alliance with
Europe's largest airline. We agree with Chairman Oberstar that all
global alliances need to be treated equally. This is essential not
only to Continental, but to our customers, communities and
employees, which is why our ATI application is supported by dozens
of members of Congress, mayors, governors and business groups
around the country. DATASOURCE: Continental Airlines CONTACT:
Continental Airlines Corporate Communications, +1-713-324-5080, Web
Site: http://www.continental.com/
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