Continental pilots plan downtown Houston rally

June 11, 2008 4:43:39 AM PDT
Pilots for Continental Airlines plan to hold a rally today in downtown Houston. It's to remind airline management about contract concerns. Continental pilots said they agreed to an annual concession of more than $200 million in their last contract as a loan to help keep the airline out of bankruptcy. The pilots want the airline to repay those contract loans.

Last week, Continental said it will cut 3,000 jobs, reduce flights and retire its least efficient jets. The carrier blames high fuel costs for the cuts.

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