European antitrust regulators on Wednesday took a step toward approving an expanded alliance between British Airways, American Airlines and Iberia after the airlines offered to give up landing and takeoff slots at airports serving London and New York.

The European Commission said the three airlines, all members of the Oneworld alliance, had offered to cede slots at Heathrow, Gatwick and Kennedy Airports.
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Continental Airlines Airlines increase cooperation with Japanese airline ANA. The two airlines merged into the Star Alliance. Cooperation both airlines are expected to improve services to passengers of both airlines.

Both airlines plan to pertukara code will begin in 2010. Code sharing agreement which will reportedly offer customers greater convenience when traveling between major Asia and America.

Continental Airlines Chairman and CEO Larry Kellner said yesterday that while the airline industry has seen slight economic improvement this year as fuel costs have lowered and credit markets have loosened, “we’re still bouncing along the bottom.”
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Continental Airlines Inc. and US Airways Group Inc. added a $50 one-way fee for a second checked bag on trans-Atlantic routes, matching competitors.

US Airways also increased its fee by $5 to check bags on domestic flights, to $20 for the first piece of luggage and $30 for the second. (continue reading…)

Continental Airlines Inc. slashed its lobbying spending in the second quarter to $290,000 while successfully promoting its bid for antitrust immunity when it joins a new airline alliance this fall.

Continental disclosed in a July 20 filing with the House clerk’s office that it lobbied on its application for antitrust immunity to work closely with United and other airlines on international routes.
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Continental Airlines has completed the first test flight of a two-engine commercial aircraft powered by a sustainable biofuel last week at Houston’s Bush Intercontinental Airport.
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Continental Airlines has announced that it is demonstrating the use of sustainable biofuel to power a commercial aircraft for the first time in North America.
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Continental Airlines Inc. ratcheted up the race to develop alternate fuel for passenger planes Wednesday as it successfully flew a Boeing 737 twin-engine jet powered partly by algae and weed.
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Goldman Sachs upgraded shares of Continental Airlines Inc. on Monday and raised price targets on several other airline stocks, but lowered its target for Southwest Airlines Co. Airline stocks were mixed Monday, held back by a rise in oil prices. (continue reading…)