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Website: http://www.continental.com Continental is the world's fifth-largest airline. It flew 63 million passengers in 2008 to locations in Europe, North and South America, Asia and Australia. The airline serves 133 domestic and 132 international destinations through Continental, Continental Express and Continental Connection with 2,750 daily departures. Continental has hubs serving New Jersey, Houston, Cleveland and GuamContinental's three main hubs are in Houston, Newark and Cleveland. . The airline operates a fleet of 351 jets made up of Boeing 737, 757 and 767 airliners. 70% of the fleet is made up 737 aircraft. According to the company, the most recent employee headcount was made up of Airport Agents 11,539 For 2008, Continental reported revenue of $15.2 billion, up $1 billion from the previous year, and a loss of $314 million. The airline is scheduled to take delivery of 13 Boeing 737-900ER aircraft in 2009, and 11 Boeing 737 and two Boeing 777 aircraft in 2010. In July, Continental said it is eliminating approximately 1,700 positions across the company, including management and clerical positions to save money. This is in addition to the previously announced elimination of 500 reservation agent positions and special company offered leaves of absence extended for 700 flight attendants. History The airline traces its roots to Varney Speed Lines, which began flying from El Paso, TX, to Pueblo, CO, in July 1934. In 1937, Varney Speed Lines changed its name to Continental Airlines. Continental relocated its headquarters to Houston, TX in October 1982 after merging with Texas International. Benefits Travel Passes: As a Continental Airlines employee, you and your immediate family members, including parents, enjoy reduced-rate travel. In addition, you will receive both Buddy Passes and Vacation Passes. Profit Sharing Plan: Continental Airlines shares its continued success with all employees through one of the best plans in any industry. On-time Bonus: When Continental Airlines meets its on-time goals for the month there is a cash bonus plan in place to reward the employees for their teamwork and dedication. Perfect Attendance Program: Continental Airlines has an exciting Perfect Attendance Recognition Program that rewards employees for consecutive months or years of perfect attendance. Stock Purchase Plan: Continental Airlines employees can share in the financial growth of the company by purchasing Continental stock at a discounted rate. Retirement Plan: Continental provides a fully funded retirement plan. Employees vest in the plan after 5 years of active service. 401(k) Savings Plan: The 401(k) Savings Plan provides a great way for employees to save for retirement. You can save 1 to 21 percent of your salary before taxes are withheld. This reduces your taxable income and lets you save even more. Continental Airlines matches a portion of your contributions to the 401(k) Savings Plan. Vacation and Sick Pay: As a full- or part-time Continental employee you can take advantage of your paid vacation time to travel and utilize your travel passes. The sick leave policy gives both full- and part-time Continental Airlines employees time off from work with pay when ill or unable to work. Business Travel Accident Insurance: Continental provides this immediate coverage for all employees. Expense Reimbursement Plan: Continental employees have the opportunity to pay for certain health care and dependent care expenses with pre-tax money. On the first day of the seventh month of employment, employees may elect to participate in the following Group Insurance Plans. Most plans are pre-tax. Medical/Dental Insurance: Employees may select the medical/dental coverage that best fits their needs. Employees can choose from pre-tax network plans, indemnity plans and HMO's. Vision Insurance: Employees may elect pre-tax coverage for eye exams, glasses or contact lenses. Long-Term Disability Plan: Employees may elect disability income protection coverage on an after-tax basis. Life Insurance: Continental provides company-paid life insurance for employees. Employees may also elect voluntary after-tax optional life insurance for themselves and their families. Personal Accident Insurance: Employees may elect after-tax accident insurance coverage for themselves and family members in the event of accidental covered injury or death. Updated July 22, 2009 |