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Continental Airlines announced new cut costs

New York, Usa - The carrier intends to save about USD 500m

Continental Airlines announced, on Thursday, to have planned a cut costs, which would permit the carrier to save USD 500m through a combination of measures which concern pay cut, benefit changes and other simile measures aimed to consent it to survive after the hundreds of million dollar loss in consequence of the September, 11 attacks. "USD 500m is the absolute minimum we need to be a survivor", claimed...

AVIONEWS - World Aeronautical Press Agency - 108087
Rome, Italy, 11/19/2004 15:24
AVIONEWS - World Aeronautical Press Agency

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