Jun 05 2008
More Cuts By More Airlines
If all the recent cuts weren’t enough, more airlines have now announced that they will be reducing service to cope with higher fuel costs. Unfortunately, these reductions also represent loss of jobs.
Continental Airlines has decided to lay off about 3,000 people. In the process, they will get rid of 67 aircraft. The cuts represent about 16% of Continental’s total fleet.
United Airlines has taken more drastic measures, cutting the size of it’s fleet by more than 20%. The airline will get rid of 100 planes and more than 1,000 jobs. The planes that will be cut will include United’s Boeing 737’s, most of which are more than 15 years old.
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