15-Sep-2010 1:38 PM
Cleveland Hopkins welcomes Continental and United agreement
US' Cleveland Hopkins International Airport welcomed Continental Airlines and United Airlines agreement to maintain at least 90% of services at the airport for two years after they merge (Bloomberg, 14-Sep-2010). Continental operates 170 daily departures from the airport, while United operates 14. Greater Cleveland Partnership stated the agreement is a "competitive advantage", which provides the airport with time to show a Cleveland hub "can be very profitable for this new airline".
Cleveland Hopkins International Airport: "To an economy like Cleveland, that kind of stability is critical in terms of helping us rebound from this economic downturn," Ricky Smith, Director. Source: Bloomberg, 14-Sep-2010.