Sunday, July 29, 2007

Continental Airlines

Continental Airlines is one of the leading carriers in the United States. Its history started in 1934 with Mr. Walter Varney establishing the airlines called after him Varney Speed Lines at El Paso International Airport. A couple of years later Mr. Robert Six took over the company and moved headquarters to Stapleton Airport in Denver, Colorado. Six ran the company for forty years. In its sixty eight year history the company went through two bankruptcies, in 1983 and 1991. On February 29, 1996, the Wall Street Journal reported that Continental gave its shareholders the fifth best return of any public company during 1995 and ranked it number one among eight other airlines with a return that was 213.9% above the peer average. Continental's stock was trading near its 52- View the rest of this article


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