Continental’s president Jeff Smisek gave a rather candid speech yesterday at an investor conference where he pretty much bashed everyone he could think of. The article has the details, but he noted that Continental did not "follow our competitors in a race to the bottom to achieve a crappy product." Knocking JetBlue, he added, "They are a low-cost carrier, they are also an
extremely low-RASM carrier, and their customers don’t pay them a penny
to watch those I Love Lucy reruns. … It is a wasted investment in my mind."
He also didn’t hold back from criticizing partner airlines, saying that Delta’s international expansion will cause them to "lose their shirts."