Continental: DOT Foreign Ownership Proposal Falls Short

Continental Airlines Thursday says a supplemental proposed rule by the DOT that would allow foreign control of U.S. airlines fails to resolve what Continental said were "significant legal and policy concerns" raised by Congress, industry and labor. Under the proposal, Continental said, foreign investors would be allowed to control all significant decisions at a U.S. carrier. "The DOT has abdicated its responsibility to ensure actual control by U.S. citizens," a Continental spokesperson said in a statement. The airline predicted that the proposed rule is unlawful and would not withstand Congressional scrutiny or inevitable court challenges.

Suggested Articles:

For the first time since Allianz Global Assistance began tracking in 2015, the Dominican Republic is the number one Thanksgiving travel destination.

Grand Bahama Island has already rebounded from Hurricane Dorian, United will add new service and the Jonas Brothers will play a concert. Here's more.G

Called Timeshifter, the app creates personalized plans to help travelers crossing three or more time zones. More here.