Continental reports $213 million loss, announces 1,700 job cuts

Thread starter NM
Start date Jul 23, 2009

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NM

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Jul 23, 2009

From ATW Daily News:

Continental Airlines reported a second-quarter net loss of $213 million, widened from a $5 million deficit in the year-ago quarter, and announced it will cut 1,700 additional jobs "across the company" to mitigate the impact of "significant declines in high-yield traffic."

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