Continental Air Halts Pilot Furloughs

[dbaker]

Continental Air Halts Pilot Furloughs

HOUSTON (Reuters) - Continental Airlines (NYSE:CAL - news), the nation's fifth-largest airline, said on Monday it would halt pilot furloughs this year to trim costs and training at its Continental Express subsidiary.

As part of capacity cutbacks after the Sept. 11 attacks, furloughed Continental Airlines pilots could work as Continental Express pilots, resulting in furloughs at the regional carrier.

Continental said it has stopped the furlough of 100 pilots scheduled to begin in March. The carrier said the decision would not change its fleet capacity guidance.

Great news and a good sign!

[dbaker]

Continental Air Halts Pilot Furloughs

HOUSTON (Reuters) - Continental Airlines (NYSE:CAL - news), the nation's fifth-largest airline, said on Monday it would halt pilot furloughs this year to trim costs and training at its Continental Express subsidiary.

As part of capacity cutbacks after the Sept. 11 attacks, furloughed Continental Airlines pilots could work as Continental Express pilots, resulting in furloughs at the regional carrier.

Continental said it has stopped the furlough of 100 pilots scheduled to begin in March. The carrier said the decision would not change its fleet capacity guidance.

Great news and a good sign!