rohan737
Posts: 64
Joined: Tue Nov 06, 2001 12:15 am

Continental Airlines Directors Meeting

Thu Nov 29, 2001 2:32 am

I heard on the 27th of Nov., the CAL board of directors had a meeting in Houston. Has anyone got any info on the outcome, like fleet plans, layoffs, inrease of flights, any info at all.

Thanks in advance
 
N1993R
Posts: 155
Joined: Sat Nov 10, 2001 3:42 pm

RE: Continental Airlines Directors Meeting

Thu Nov 29, 2001 3:03 am

The directors meeting is pretty much just a formality to confirm decisions that Gordon Bethune and his boys had already made. The biggest news coming out of the meeting was Jeff Misner's elevation from Sr.VP-Finance to CFO.
 
azjubilee
Posts: 3459
Joined: Sat Apr 29, 2000 5:26 am

RE: Continental Airlines Directors Meeting

Thu Nov 29, 2001 3:10 am

There wasn IPO of Class B stock today at $22.50 a share.

Airlines have executive meetings all the time, why hould this one be anything out of the ordinary?


AZJ
 
rohan737
Posts: 64
Joined: Tue Nov 06, 2001 12:15 am

RE: Continental Airlines Directors Meeting

Thu Nov 29, 2001 10:15 am

The B.O.D were supposed to be coming out with a major announcement about bringing back 28 MD-80's and adding flights to CLE. Has anyone heard anything to this effect.

Thanks,

Rohan
 
N1993R
Posts: 155
Joined: Sat Nov 10, 2001 3:42 pm

RE: Continental Airlines Directors Meeting

Thu Nov 29, 2001 10:20 am

Why would the BOD be involved with something as mundane as MD80 returns and CLE expansion? As pointed out, they are more concerned with stuff like the CAL.B offering and the executive appointments.
 
Guest

RE: Continental Airlines Directors Meeting

Thu Nov 29, 2001 10:22 am

N1993R is right!

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