From Continental.com
Continental Airlines Selects Pinnacle Airlines and Bombardier Q400 Aircraft for Newark-Based Regional ServiceNEW YORK, Feb 05, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Continental Airlines (NYSE: CAL) today announced that it has selected a new regional airline partner and a new type of turboprop aircraft to operate as Continental Connection from its New York hub at Newark Liberty International Airport. Colgan Air Inc., a subsidiary of Pinnacle Airlines Corp., will operate efficient, quiet and comfortable 74-seat Bombardier Q400 twin-turboprop aircraft on short and medium-distance routes from Liberty starting in early 2008.
"Pinnacle Airlines Corp. and its subsidiary Colgan have the high standards that we expect from our Continental Connection service," said Mark Erwin, Continental's senior vice president of corporate development. "Our selection of the Q400 aircraft is an important move for us because it addresses our need for efficiency without sacrificing our customers' comfort, and because it is well-suited to the unique operating environment at Newark Liberty."
Continental has entered into a 10-year capacity-purchase agreement with Pinnacle Airlines Corp. The company will acquire 15 new Q400 aircraft which it will operate as Continental Connection through its Colgan subsidiary. Continental will schedule and market the service.
The Q400 Aircraft
Manufactured by Bombardier Aerospace, the Q400 is a high-efficiency, modern-technology turboprop, which will be configured with 74 seats in a single cabin. With a maximum cruise speed of 440 mph, the Q400 can keep pace with traffic flows into and out of busy metropolitan airports like Newark Liberty. Passenger comfort will be enhanced by the Q400's state-of-the-art noise and vibration suppression system.
Pinnacle Airlines
Pinnacle Airlines Corp., a publicly traded holding company, is the parent company of Pinnacle Airlines, Inc. and Colgan Air, Inc. Pinnacle Airlines, Inc. operates 135 Bombardier CRJ-200 Regional Jets in the United States and Canada as a Northwest Airlink carrier. Colgan Air, Inc. operates as Continental Connection, United Express and US Airways Express with a fleet of 39 Saab 340 and 11 Beech 1900 turbo-prop regional aircraft.
Continental Airlines
Continental Airlines is the world's fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,100 daily departures throughout the Americas, Europe and Asia, serving 150 domestic and 136 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 44,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 67 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.
In 2006, Continental Airlines won its sixth J.D. Power and Associates award since 1996. The carrier received the highest rank in customer satisfaction among network carriers in North America in the J.D. Power and Associates 2006 Airline Satisfaction Index Survey(SM). For the third consecutive year, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its 2006 list of Most Admired Global Companies. Continental was also named the No. 1 airline on the publication's 2006 America's Most Admired airline industry list. Additionally, Continental again won major awards at the OAG Airline of the Year Awards including "Best Airline Based in North America" for the third year in a row, and "Best Executive/Business Class" for the fourth consecutive year. For more company information, visit continental.com .
SOURCE Continental Airlines
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