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Friday, June 6, 2008
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Airlines Rush to Go Small
Summary from multiple countries, from articles in English
DALLAS - Continental Airlines Inc. said Thursday it is cutting 3,000 jobs and reducing capacity in the fourth quarter by 11 percent, citing record fuel costs that have pushed the airline industry into a " crisis. (article 3) The nation's major airlines will stop flying more than 350 planes and lay off more than 4,000 employees by the end of 2009, reducing service to travelers around the United States this year and next, according to carriers' reports. (article 1) On Thursday, Continental Airlines became the latest carrier to announce cutbacks, saying it would retire 67 planes and lay off 3,000 workers to save money. (article 1) Business travelers are likely to lose out when the fall off-peak season arrives and airlines that have cut flights slap more restrictions on the cheap fares that usually come that time of year. (article 2) About 77.7 percent of flights arrived within 15 minutes of the scheduled time, an increase from 75.7 percent a year earlier, the Washington agency said yesterday on its website. (article 8) Here's an update: American, the nation's biggest airline, is cutting domestic capacity 11 to 12 percent after the peak summer travel season but already has begun trimming flights. (article 7)

Other summaries about this story:
  • Summary from United States, from articles in English (9 articles) [compare]
  • Summary from the United Kingdom, from articles in English (1 articles) [compare]

  • Other stories about Airlines, fuel and fares:
  • Airlines raise nonstop fares sharply for summer :: CHICAGO SUN-TIMES :: Business (4 articles)

  • Event tracking:
  • Track this story's development in time

  • Story keywords
    Airlines, fuel, fares, flights, percent

    Source articles
    1. ABC News: Airlines in Crisis: Continental Cuts Jobs (ABCNews, 06/05/2008, 532 words)
    2. Continental Airlines to cut 3,000 jobs, capacity (sfgate.com, 06/05/2008, 946 words)
    3. Continental Airlines to cut 3,000 jobs, capacity (seattletimes.nwsource.com, 06/05/2008, 465 words)
    4. Continental cutting 3,000 jobs and reducing capacity :: CHICAGO SUN-TIMES :: Business (suntimes.com, 06/05/2008, 768 words)
    5. Continental grounding planes, cutting workers (sfgate.com, 06/05/2008, 822 words)
    6. Fuel bill sees Continental cuts (BBC News, 06/05/2008, 298 words)
    7. Airline cutbacks target old jets, U.S. capacity :: CHICAGO SUN-TIMES :: Business (suntimes.com, 06/05/2008, 291 words)
    8. April on-time arrival rate for US airlines improved (boston.com, 06/05/2008, 422 words)
    9. U.S. airlines improve on-time record (seattletimes.nwsource.com, 06/04/2008, 285 words)
    10. Airlines Rush to Go Small (nytimes.com, 06/06/2008, 959 words)




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