Continental Airlines (CAL)

Continental Airlines (NYSE: CAL) and its wholly-owned subsidiary Continental Micronesia today submitted a joint application to the Department of Transportation to provide nonstop service from the carriers' hubs in New York/Newark and Guam to Tokyo's Haneda airport.
Continental and Continental Micronesia seek the route awards as part of a historic open skies agreement between the U.S. and Japan, which is anticipated to come into force later this year. The open skies agreement would provide the U.S. airline industry access to Haneda, with its close proximity to Tokyo's central business district, for the first time in over 30 years. Both the New York and Guam hubs, two major gateways for passenger traffic to Tokyo, also provide convenient connecting opportunities for travel between Tokyo Haneda and numerous additional points. Continental Airlines is the world's fifth largest airline.

Feb 17 · 2:52:00 PM · Source: Company Press Release
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by Steve Wieczorek