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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?


To: gao seng who wrote (27487)9/15/2001 11:19:52 PM
From: 2MAR$  Read Replies (1) | Respond to of 82486
 
Continental may have to file BK...

Continental Slashes Jobs in Airline Crisis
By Deborah Cohen

CHICAGO (Reuters) - Continental Airlines Inc. (NYSE:CAL - news) said on Saturday it was laying off 12,000 staff and warned it may have to file for bankruptcy protection as the world's fifth-largest carrier and rival Northwest Airlines Corp. (NasdaqNM:NWAC - news) slashed flight schedules in the fallout from the air attacks on the World Trade Center and the Pentagon.

biz.yahoo.com