Continental Airlines has joined
BCD Travel in urging ACTE and NBTA to reconsider a merger. Here's the Continental letter to the boards of the associations, in its entirety:
June 29, 2009
Association of Corporate Travel Executives
Attn: Board of Directors
515 King Street
Suite 440
Alexandria, VA 22314
National Business Travel Association
Attn: Board of Directors
110 North Royal Street
4th Floor
Alexandria, VA 22314
Dear Colleagues:
On behalf of Continental Airlines, I'd like to offer our thoughts on Â
the potential merger of ACTE and NBTA, which has been a longstanding Â
topic of discussion in the corporate marketplace. Â Given the recent Â
discussions that have resurfaced, and the fact that it appeared to be Â
close to becoming a reality, we wanted to take this opportunity to Â
encourage both organizations to reconsider a merger.
Continental has been a long time supporter and contributor to both Â
organizations for many years. We believe each organization has been Â
successful through it's accomplishments that have benefited the entire Â
travel industry - quality programs and education, raising awareness on Â
issues that are critical to the business travel industry and providing Â
a global platform. Â It's been an incredible journey of growth for both Â
organizations and we are proud to have been an active member and Â
played a part.
Today, all stakeholders - not just the airlines - are facing Â
unprecedented times. Â Business travel has been dealt a blow in this Â
global recession and corporations are cutting costs and forced to make Â
tough decisions. Â All of our colleagues in the industry are impacted Â
in some way and many have lost their jobs as part of cost cutting Â
measures. Â Both buyers and suppliers are challenged and it's Â
imperative that as an industry we be as efficient, as nimble and Â
resourceful as ever and cost is a focus for all.
We believe this is the perfect time and opportunity to merge the best Â
of both worlds to create a winning, global business travel Â
association. Â Both ACTE and NBTA have great strengths and synergies Â
and it's time to bring them together.
I am writing to you, the Board of Directors of both organizations, to Â
appeal to you to give the potential merger of the ACTE and NBTA Â
organizations the careful consideration it deserves.
Please don't hesitate to call me, if you would like to discuss this Â
further. Â Thank you.
Sincerely,
Monisa Cline
Staff Vice President
North America Sales
Continental Airlines, Inc.