Continental Airlines have announced a drastic cutback in services to more than 40 domestic and international destinations in order to stem losses aggravated by escalating oil prices. Press reports indicate that the curtailment of services will take place as of September 3, 2008.
The Houston, Texas-based airline is the fourth largest carrier in the United States with 151 domestic destinations. Internationally, the airline flies to 120 cities in Canada, Latin America, Europe and the Asia-Pacific. As part of the massive restructuring some 3,000 jobs will also be cut from a payroll of more than 40,000 employees. 67 airplanes are also slated to be retired from Continental's fleet.
The decisions by Continental follows similar slashes in jobs, fleets and schedules by United Airlines and American Airlines.
Bad News for Bali
Nine of the cities on the Continental domestic network to be closed are Oakland, Palm Springs, Reno, Sarasota, Tallahassee, Green Bay, Chattanooga, Toledo, and Montgomery, Alabama.
Six of the International ports scheduled for closing are: Denpasar, Bali, Indonesia; Cali, Colombia; Cologne, Germany; Guayaquil, Ecuador; Monclova, Mexico; and Santiago, Dominican Republic.
This is a partial list with 40 destinations in all expected to be axed.
The formal date for ending the twice weekly Bali flight is yet to be confirmed by Continental Airline. Continental is the only U.S. flag carrier serving Indonesia.
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