Below are comments from CEO Gordon Bethune as to the state of affairs for Continental.
Let's hope they can ride this one out.
Meanwhile, industry leaders are pleading for federal help. "We need our Congress to intervene and save our industry," Continental's Chief Executive Gordon Bethune said Sunday. "The U.S. airline industry is in an unprecedented financial crisis.
Continental Airline was the first to announce layoffs - 12,000 or 21 percent of its workforce - and warns that it could face bankruptcy as soon as next month
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