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November 2, 1990 | ROBERT E. DALLOS, TIMES STAFF WRITER
Continental Airlines is exploring the sale of some Pacific assets to Delta Air Lines, Continental's top executive said Thursday. Financially troubled Continental--which recently acknowledged that it had considered a Chapter 11 bankruptcy filing--has said it would like to dump some assets. The Houston-based airline is suffering under accumulated debt and spiraling fuel costs. Delta, by contrast, is among the strongest U.S. carriers.
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BUSINESS
November 2, 1990 | ROBERT E. DALLOS, TIMES STAFF WRITER
Continental Airlines is exploring the sale of some Pacific assets to Delta Air Lines, Continental's top executive said Thursday. Financially troubled Continental--which recently acknowledged that it had considered a Chapter 11 bankruptcy filing--has said it would like to dump some assets. The Houston-based airline is suffering under accumulated debt and spiraling fuel costs. Delta, by contrast, is among the strongest U.S. carriers.
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