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Continental goes on with its rescue plan
Washington, Usa - It will reduce seats and ground part of its fleet
Us air carrier Continental Airlines is ready to adopt new measures aiming to cut costs. The airline announced in fact its decision to both reduce available seats and to ground 11 planes of its fleet in the attempt to avoid job cuts. According to Gordon Bethune, president and CEO at Continental, such a strategy will allow the company to save up to USD 80m by the end of 2002 and afterwards USD 350m per...
AVIONEWS - World Aeronautical Press Agency - 32297
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency