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IN BRIEF / AIRLINES

Continental Won't Add to '04 Pension Funds

September 04, 2004|From Associated Press

Continental Airlines Inc. said it would not make contributions to its pension plan this year, citing the continuing uncertainty of the industry's economic environment and the record-high cost of jet fuel.

In June, Continental filed with the Internal Revenue Service to preserve the company's eligibility for deficit- reduction contribution relief under the recently enacted Pension Funding Equity Act.

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