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Wednesday, April 7, 2010 as of 11:14 AM ET

Continental Airlines

Continental Airlines

Continental Airlines was a major American airline that merged with United Airlines. On May 3, 2010, Continental Airlines, Inc.

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Copa Air: Star Alliance Entry Delayed; Stock Up After 1Q

The head of Copa Airlines said Thursday that its entry to the Star alliance had been delayed by up to two months, though he forecast minimal financial impact as the three global airline marketing groups jostle for position in Latin America.

Copa was due to join in late April but already derives most of its alliance benefits from an existing partnership with United Continental Holdings Inc. (UAL), with further gains expected from linking its frequent-flier program with other Star members.The airline has turned its Panama hub into a profitable fortress linking cities in North, South and Central America that had no connections a decade ago, and will be a useful addition to the Star pact led by United and Deutsche Lufthansa AG (LHA.XE).Pedro Heilbron, chief executive of Copa Holdings SA (CPA), said on a postearnings call that it expected to join Star "very soon" after the delay of "one or two months." AviancaTaca Holding SA (PFAVTA.BO), formed by the merger of carriers in Colombia and El Sa...

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    The head of Copa Airlines said Thursday that it still expected to join the Star global marketing pact "soon," despite a delay that comes amid jostling for position i...

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