{"id":97167676,"date":"2010-06-17T11:42:00","date_gmt":"2010-06-17T11:42:00","guid":{"rendered":"http:\/\/www.cheapoair.com\/miles-away\/ceos-for-continental-and-united-airlines-defend-merger\/"},"modified":"2023-03-02T10:34:44","modified_gmt":"2023-03-02T10:34:44","slug":"ceos-for-continental-and-united-airlines-defend-merger","status":"publish","type":"post","link":"https:\/\/www.cheapoair.com\/miles-away\/ceos-for-continental-and-united-airlines-defend-merger\/","title":{"rendered":"CEOs for Continental and United Airlines Defend Merger"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div style=\"text-align: center;\"><\/div>\n<div style=\"text-align: center;\"><strong>Lawmakers\u00a0fear\u00a0thousands of Houston employees will be\u00a0out of work<\/strong><\/div>\n<p>&nbsp;<\/p>\n<p>On Wednesday, the CEO\u2019s of Continental and United airlines defended their plan to move Continental\u2019s Houston headquarters to Chicago as part of their merger combination.<\/p>\n<p>&nbsp;<\/p>\n<p>The CEO\u2019s told the House panel that relocation to United\u2019s headquarters makes good business sense.<\/p>\n<p>&nbsp;<\/p>\n<p>However, Texas lawmakers, troubled by the potential loss of thousands of jobs in the Houston area, questioned whether the consolidation might end up limiting competition and result in higher fares for passengers.<\/p>\n<p>&nbsp;<\/p>\n<p>Continental employs around 15,000 workers in Houston, including 3,000 jobs at the corporate headquarters.<\/p>\n<p>&nbsp;<\/p>\n<p>Chairman and CEO of Continental, Jeff Smisek guaranteed the committee the loss would be rather small compared to the 86,000 jobs already lost in the airline industry. He said a precise number was not yet decided.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Source:<\/em><a href=\"http:\/\/www.chron.com\/disp\/story.mpl\/business\/7057418.html\" target=\"_blank\" rel=\"nofollow noopener\"><em> chron Business<\/em> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Lawmakers\u00a0fear\u00a0thousands of Houston employees will be\u00a0out of work &nbsp; On Wednesday, the CEO\u2019s of Continental and United airlines defended their plan to move Continental\u2019s Houston headquarters to Chicago as part of their merger combination. &nbsp; The CEO\u2019s told the House panel that relocation to United\u2019s headquarters makes good business sense. &nbsp; However, Texas lawmakers, [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":97217938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-97167676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other"],"_links":{"self":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/97167676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/comments?post=97167676"}],"version-history":[{"count":1,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/97167676\/revisions"}],"predecessor-version":[{"id":97217937,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/97167676\/revisions\/97217937"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/media\/97217938"}],"wp:attachment":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/media?parent=97167676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/categories?post=97167676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/tags?post=97167676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}