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Friday, Mar 31, 2023

Continental Sees Savings for 2005

Continental Airlines Inc. expects to save about $300 million in 2005 from pay and benefit reductions achieved for most work groups, the air carrier said Friday in an update for investors.

In the presentation filed with the Securities and Exchange Commission, Continental said it expects to achieve roughly $418 million of savings on an annualized basis when the cuts are fully implemented.


Read the full Associated Press story


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