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Continental Airlines: Gordon Bethune

Wisdom From The Top with Guy Raz

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Conental's Failure to Survive

Conental lost $95 million in 2001, more than $400 million in 2002. How close was Conental to going under? It wasn't the end of the world, but I could see it from where I was. We were able to graze some private equity to restructure some debt. And we were one of the only airlines that got through that whole thing with no bankruptcy.

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