Why did Continental Airlines go out of business?

Why did Continental Airlines go out of business?

On December 3, 1990, due to the 1990 Iraqi invasion of Kuwait and the resultant Gulf War, which had prompted a dramatic increase in the price of jet fuel, Continental filed for bankruptcy. In mid-1991 Harris was replaced as CEO by Robert Ferguson, who had been a Texas Air executive.

What happened to Continental Airlines frequent flyer miles?

CLEVELAND, Ohio — Mileage Plus will become the frequent flier program for the merged United Airlines, the carrier said Wednesday. Continental’s OnePass loyalty program will end Dec.

When did Continental Airlines leave the SkyTeam alliance?

, following an agreement between Continental Airlines and United Airlines, the former, as well as Copa Airlines, announced their intentions to move to the Star Alliance after Continental’s final flight with SkyTeam on 24 October 2009. That day, as announced, Continental Airlines and Copa Airlines simultaneously left SkyTeam.

When did Continental Airlines go out of business?

By the 1970s it was flying routes from Chicago, Miami, and New Orleans to various continental points westward to the Pacific coast and to Hawaii, the South Pacific, and the Far East, as well as south to Venezuela. By the 1980s Continental had fallen on hard times. In 1981–82 it was taken over by Texas Air Corporation.

Who are the members of the SkyTeam Cargo Alliance?

, the alliance established a cargo alliance, SkyTeam Cargo. The group’s inaugural members were Aeromexpress, Air France Cargo, Delta Air Logistics and Korean Air Cargo. The following month, the newly established airline alliance announced its intentions to incorporate CSA Czech Airlines as the 5th member in April the following year.

Where did Continental Airlines start as a carrier?

Continental started out as one of the smaller carriers in the United States, known for its limited operations under the regulated era that provided very fine, almost fancy, service against the larger majors in important point-to-point markets, the largest of which was Chicago/Los Angeles.

, following an agreement between Continental Airlines and United Airlines, the former, as well as Copa Airlines, announced their intentions to move to the Star Alliance after Continental’s final flight with SkyTeam on 24 October 2009. That day, as announced, Continental Airlines and Copa Airlines simultaneously left SkyTeam.

By the 1970s it was flying routes from Chicago, Miami, and New Orleans to various continental points westward to the Pacific coast and to Hawaii, the South Pacific, and the Far East, as well as south to Venezuela. By the 1980s Continental had fallen on hard times. In 1981–82 it was taken over by Texas Air Corporation.

Who are the members of the SkyTeam airline alliance?

On 22 June 2000, representatives of Delta Air Lines, Aeroméxico, Air France, and Korean Air held a meeting in New York to form a third airline alliance. These became the four founding carriers of SkyTeam. Upon its formation, SkyTeam would offer its customers a total of 6,402 daily flights to 451 destinations in 98 countries. In September 2000

How many destinations does SkyTeam fly to per day?

, SkyTeam flies to more than 1,150 destinations in more than 175 countries and operates more than 14,500 daily flights. The alliance and its members have 750 lounges worldwide. On 22 June 2000, representatives of Delta Air Lines, Aeroméxico, Air France, and Korean Air held a meeting in New York to form a third airline alliance.