Continental Airlines Contributes an Additional $50 Million to Its Pension Plans
April 09 2009 - 4:37PM
PR Newswire (US)
HOUSTON, April 9 /PRNewswire-FirstCall/ -- Continental Airlines
(NYSE: CAL) today announced that it has contributed an additional
$50 million in cash to its defined benefit pension plans, bringing
its total year-to-date contribution to its defined benefit pension
plans to $100 million. "We are focused on honoring our pension
commitments and securing the retirement of our co-workers," said
Chairman and CEO Larry Kellner. Continental currently expects to
contribute approximately $150 million to its defined benefit
pension plans in 2009. Since the beginning of 2002, Continental has
contributed nearly $1.7 billion to its defined benefit pension
plans. DATASOURCE: Continental Airlines CONTACT: Corporate
Communications of Continental Airlines, +1-713-324-5080, Web Site:
http://www.continental.com/
http://www.continental.com/company/news/
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