Thursday, June 12, 2008
Continental tightens its belt
Posted on 5:38 PM by jackline
High oil prices and a sluggish economy continue to take their toll on the commercial aviation industry, and the hometown airline is not immune: Continental is shaving 3,000 employees from its workforce and cutting 6.4 percent of its total capacity (measured in available seat miles) across the board, and completely eliminating service to fifteen cities worldwide. Continental's Air Micronesia
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