Advertisement
YOU ARE HERE: LAT HomeCollections

Business Briefing / Airlines

Continental asks for furloughs

July 02, 2009|TIMES WIRE REPORTS

Continental Airlines Inc., pressured by a collapse in business travel and declining fares, asked as many as 700 flight attendants to accept leaves beginning Sept. 1.

Last month, the carrier increased to 6% from 5% its plan to trim flight capacity this year. Analysts expect that the Houston-based airline may announce additional reductions effective after Labor Day.

Continental, the fourth-biggest U.S. airline, has more capacity in international markets than other carriers and has been hurt by declines in high-fare business travel. The attrition rate among flight attendants also has slowed, it said.

Continental is offering its 9,500 flight attendants leaves of five months or nine months.

Advertisement
Los Angeles Times Articles
|
|
|