BUSINESS FEED

Former Continental CEO to take over at Sabre Holdings

By Wire Reports on Sep 5, 2013, at 2:29 AM  Updated on 9/05/13 at 3:08 AM


Larry Kellner: He comes to Sabre Holdings after recently being the CEO of Continental Airlines.


Aerospace

Boeing 787's longer version makes maiden flight

The first addition to the Boeing 787 family took off Tuesday from Paine Field, near the factory where the plane was assembled, to the cheers of a couple of hundred Boeing Co. employees who watched the blue and white plane with a number 9 on the tail rise into a cloudy sky.

Bombardier CSeries aircraft completes first test flight

Bombardier's CSeries aircraft completed its maiden flight Monday in a successful test run of the new narrow-body airplane.

Sabre Holdings, owner of online travel agency Travelocity, said Wednesday that former Continental Airlines CEO Larry Kellner will become its chairman.

Privately-held Sabre separated the roles of CEO and chairman when Tom Klein became CEO last month, replacing Sam Gilliland, who remained on the board of directors.

Kellner was chief financial officer, president, chief operating officer and finally chairman and CEO at Continental. He left the airline in 2009 to join a private equity firm. Continental was acquired by United Airlines the following year. He is on the boards of Boeing Co., Chubb Corp. and Marriott International Inc.

Sabre originated as the technology division of American Airlines and was spun off as a separate company in 2000.

Aerospace

Boeing 787's longer version makes maiden flight

The first addition to the Boeing 787 family took off Tuesday from Paine Field, near the factory where the plane was assembled, to the cheers of a couple of hundred Boeing Co. employees who watched the blue and white plane with a number 9 on the tail rise into a cloudy sky.

Bombardier CSeries aircraft completes first test flight

Bombardier's CSeries aircraft completed its maiden flight Monday in a successful test run of the new narrow-body airplane.

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