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Bethune to Step Down

Continental Airlines CEO Gordon Bethune will step down from his position at the end of this year, 12 months earlier than expected. An ongoing feud with a board member reportedly led to the decision to leave a year early (the board member also will be departing). Bethune did an amazing job turning Continental around and was always good for a snarky remark in the press. I can’t imagine that this will negatively impact the airline long-term as Continental probably weathered the past 3 years better than any other network carrier.

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