Continental Jettisons United, Eos Grounded; Domestic Airline Woes Escalate
Apr 29th, 2008 | By Jennifer Yousfi | Category: Stock Market InvestingContinental Airlines Inc. (CAL) said it would forgo a merger with UAL Corp.’s (UAUA) United Airlines unit, while all-business-class carrier Eos Airlines Inc. ceased operations after filing for bankruptcy protection.