Continental Airlines, Inc. Mergers and Acquisitions


Continental Airlines, Inc.

1600 Smith Street
Houston, TX 77002
United States
Tel:1/713/324-5000
URL: http://www.continental.com
Primary Symbol & Exchange:
CAL - Common Stock - New York Stock Exchange
Industry:
Airline
Continental Airlines, Inc. Company Snapshot

Continental Airlines, Inc. Deal Timeline


Drag the timeline to see more deals; click on a deal to see details.


Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Continental Airlines, Inc. M&A History


SkyWest Inc intends to acquire ExpressJet Holdings Inc from Continental Airlines Inc SkyWest Inc intends to acquire  ExpressJet Holdings Inc from Continental Airlines IncApr 25, 2008

US - SkyWest Inc planned to launch an unsolicited tender offer to acquire all the outstanding common stock of ExpressJet Holdings Inc, an owner and operator of passenger airlines, and a ##.#% owned unit of Continental Airlines Inc, for $#

United Air Lines Inc is rumored to be planning to acquire Continental Airlines Inc United Air Lines Inc is rumored to be planning to acquire  Continental Airlines IncDec 12, 2006

US - United Air Lines Inc, a majority-owned unit of UAL Corp, was rumored to be in negotiations to merge with Continental Airlines Inc, a provider of air transportation services.

ExpressJet Holdings Inc acquires a minority stake in Wing Aviation LLC ExpressJet Holdings Inc acquires a minority stake in Wing Aviation LLCJun 17, 2005

US - ExpressJet Holdings Inc, a ##.#%-owned unit of Continental Airlines Inc, acquired an undisclosed minority stake in Wing Aviation LLC, a provider of aircraft maintenance services.

Capital Research & Mgmt Co Ltd acquires a minority stake in Continental Airlines Inc Capital Research & Mgmt Co Ltd acquires a minority stake in Continental Airlines IncJan 10, 2002

US - Capital Research & Mangement Co Ltd a unit of Capital Group Companies Inc, acquired a ##% stake or #.### mil class B common shares, in Continental Airlines Inc, a passenger airline company, in a privately negotiated transaction.

Continental Airlines Inc acquires US Airways Grp-Wash DC Assets from US Airways Group Inc (pending) Continental Airlines Inc acquires US Airways Grp-Wash DC Assets from US Airways Group Inc (pending)Oct 09, 2000

US - Continental Airlines Inc make a challenging bid to acquire the Washington DC assets of US Airways Group Inc, an owner and operator of a passenger airline, for $### mil in cash. Previously, Robert Johnson offered $### mil for the

Continental Airlines Inc acquires a minority stake in Gulfstream Intl Airlines Continental Airlines Inc acquires a minority stake in Gulfstream Intl AirlinesDec 30, 1999

US - Continental Airlines Inc acquired an undisclosed minority stake in Gulfstream Internataional Airlines.

Continental Airlines Inc withdraws offer for minority stake in Aeroperu Continental Airlines Inc withdraws offer for minority stake in AeroperuJun 02, 1999

Continental Airlines Inc withdrew its plans to acquire a ##% stake in bankrupt Peruvian state owned Aeroperu.

Northwest Airlines Corp acquires a minority stake in Continental Airlines Inc Northwest Airlines Corp acquires a minority stake in Continental Airlines IncNov 20, 1998

Northwest Airlines (NW) acquired a ##.#% stake, or #,###,### class A common shares, in Continental Airlines (CA) from Air Partners for an amended $###.## mil, in the formation of a strategic alliance. The consideration consisted $###

Continental Airlines Inc acquires a minority stake in Aces Continental Airlines Inc acquires a minority stake in AcesJun 06, 1998

Continental Airlines Inc acquired a ##% stake in Aerolineas Centrales de Colombia (ACC) . Originally, In September ####, ACC disclosed that it was seeking a buyer for a ##% stake in the company.

Continental Airlines Inc acquires a minority stake in Cia Panamena de Aviacion SA Continental Airlines Inc acquires a minority stake in Cia Panamena de Aviacion SAMay 13, 1998

Continental Airlines acquired a ##% stake in Cia Panamena de Aviacion.

Continental Airlines Inc withdraws offer for Aeroperu Continental Airlines Inc withdraws offer for AeroperuFeb 03, 1998

Continental Airlines Inc withdrew plans to acquire up to a ##% interest in Peruvian state-owned Aeroperu.

Delta Air Lines Inc acquires Continental Airlines Inc (pending) Delta Air Lines Inc acquires Continental Airlines Inc (pending)Jan 26, 1998

Delta Air Lines was in negotiations to acquire all the outstanding common stock of Continental Airlines (CA). Terms were not disclosed. Concurrently, Northwest Airlines definitively planned to acquire a ##.#% stake in CA from Air Partners in the formation

Continental Airlines Inc acquires a minority stake in Air Micronesia from Micronesia (pending) Continental Airlines Inc acquires a minority stake in Air Micronesia from Micronesia (pending)Jun 23, 1997

Continental Airlines planned to acquire a #% stake in state-owned Air Micronesia from the Micronesian government, its joint venture partner, for $## mil US.

Rumor dispelled that Delta Air Lines Inc was planning acquisition of Continental Airlines Inc Rumor dispelled that Delta Air Lines Inc was planning acquisition of  Continental Airlines IncDec 04, 1996

Delta Airlines had been rumored to be in negotiations to merge with Continental Airlines.

Mesa Airlines Inc withdraws offer for Continental Airlines-Continen Mesa Airlines Inc withdraws offer for Continental Airlines-ContinenApr 06, 1994

Mesa Airlines terminated its talks to acquire the Continental Express commuter division of Continental Airlines Holdings, a unit of Continental Airlines, for approximately $## mil based on analysts' estimates, as part of its restructuring program.

Continental Airlines Inc acquires Northwest Airlines-18 Gates from Wings Holdings Inc Continental Airlines Inc acquires Northwest Airlines-18 Gates from Wings Holdings IncNov 19, 1991

Continental Airlines, a unit of Continental Airlines was in talks to acquire ## Midway Airport gates from Northwest Airlines, a unit of NWA. Other interested parties included Southwest Airlines, UAL, AMR, TWA and USAir Group. Northwest acquired leaseholds for the

American Airlines Inc acquires Continental Airlines-Seattle from Continental Airlines Inc American Airlines Inc acquires Continental Airlines-Seattle from Continental Airlines IncMar 28, 1991

American Airlines, a unit of AMR, acquired the Seattle/Tacoma-Tokyo route of Continental Airlines Holdings' (CAH) Continental Airlines for $### mil. CAH received $### mil from American in advance. The sale was part of CAH's bankruptcy restructuring plan

Continental Airlines Inc acquires Eastern Air Lines-35 Slots from Continental Airlines Hldgs Inc Continental Airlines Inc acquires Eastern Air Lines-35 Slots from Continental Airlines Hldgs IncFeb 05, 1991

Continental Airlines, a unit of Continental Airlines Holdings, bid to acquire ## slots and # gates at La Guardia Airport from Eastern Air Lines, also a unit of Continental Airlines Holdings, for $## mil. The bid was made at an

American Airlines Inc acquires Continental-Miami-London Route from Continental Airlines Inc American Airlines Inc acquires Continental-Miami-London Route from Continental Airlines IncJul 31, 1990

American Airlines, a unit of AMR, acquired Continental Airlines' Miami-London route.

Investor withdraws offer for Continental Airlines Inc Investor withdraws offer for Continental Airlines IncAug 29, 1989

Frank Lorenzo, chairman of Texas Air, met several times in August #### with Donald Trump to propose the sale of Continental Airlines (CA), which was to be taken off the market in March ####. Trump had expressed concerns about CA

Continental Airlines, Inc. M&A Summary


Continental Airlines, Inc. has made 2 acquisitions while taking stakes in 4 companies. Continental Airlines, Inc. has 6 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008000
2007000
2006000
2005010
2004000
2003000
2002001
2001000
2000000
1999010
1998021
1997000
1996000
1995000
1994000
1993000
1992000
1991001
1990001
1989001
1988000
1987200
1986000
1985000
1984000
1983000
1982001
Total246

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