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Old 07-03-2002, 03:00 PM   #1
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CO Discontinues Alliance Discussions With US Airways
Continental Airlines Discontinues Alliance Discussions With US Airways

Quote:
HOUSTON, July 3 /PRNewswire-FirstCall/ -- Continental Airlines (NYSE: CAL - News) today announced that it has discontinued discussions with US Airways (NYSE: U - News) regarding the possibility of entering into an alliance agreement that would include codesharing and frequent flyer and airport lounge reciprocity between the two carriers.

Continental made the decision after it determined that an agreement would not be reached in the near future.
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