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Continental Airlines concludes sale of ExpressJet Holdings shares

Houston, Usa - USD 126.750.000 to its defined benefit pension plan

Continental Airlines yesterday announced that it has concluded its previously announced sale of a portion of its shares of common stock of ExpressJet Holdings to ExpressJet, thereby reducing its ownership of ExpressJet to approximately 45 percent. Continental also announced that it has contributed the sale proceeds USD 126.750.000 to its defined benefit pension plan. "We are meeting our commitment...

fra/pec - 48812
Rome, Italy, 08/06/2003 09:46
AVIONEWS - World Aeronautical Press Agency

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