CO Sells Part Of ExpressJet Stake But Halts Public Sale

While Continental proceeded with its plan to sell part of its common stock holding of ExpressJet -- reducing its ownership stake by about 8% -- the U.S. major pulled the plug on its recently announced offer to sell five million ExpressJet shares through a public offering. "With our cash balance at...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.