NEWS ALERT
from The Wall Street Journal
June 5, 2008
Continental said it plans to cut 3,000 jobs, reduce domestic departures by 16% beginning in September and cut the size of its fleet, as soaring fuel prices leave the airline industry in a crisis. Chief Executive Larry Kellner and President Jeff Smisek have declined their salaries for the rest of the year.
FOR MORE INFORMATION, please see: http://online.wsj.com/article/SB1212664262...d=djemalertNEWS
from The Wall Street Journal
June 5, 2008
Continental said it plans to cut 3,000 jobs, reduce domestic departures by 16% beginning in September and cut the size of its fleet, as soaring fuel prices leave the airline industry in a crisis. Chief Executive Larry Kellner and President Jeff Smisek have declined their salaries for the rest of the year.
FOR MORE INFORMATION, please see: http://online.wsj.com/article/SB1212664262...d=djemalertNEWS