Cleveland gets time to prove airport is lucrative

Cleveland gets time to prove airport is lucrative

Cleveland’s airport has won some time to prove it can be a profitable operation for a combined Continental-United airline.
Ohio Attorney General Richard Cordray announced an agreement Monday settling an antitrust review of the pending combination.
The airlines agreed to maintain at least 90 percent of their flights at Cleveland Hopkins for two years. After that, cutbacks could result if the combined airline isn’t making money in Cleveland.
Continental Airlines Inc. and United Airlines, whose parent is UAL Corp., said in a joint statement that they believe the combined operation will lead to “far superior” service at their hub locations.
Continental is Cleveland’s dominant carrier and has more than 2,000 employees at Hopkins.

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