1987 - February 1 - Continental Airlines Timetables, Route Maps, and History.
Continental Airlines Timetables, Route Maps, and History - February 1, 1987:
Continental absorbed People Express and its Newark hub, and New York Air on February 1, 1987. People, having just digested Frontier, was in severe financial duress and though this merger established Continental as a major Big SixÂ carrier, Continental would wind up again bankrupt in 1991. At the time of the merger, 737s entered the system as did 747s giving Continental an overly diverse fleet.