Continental to Skip Pension Payment; Recently Enacted Law Allows Airlines to Defer Funding Plans

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Continental to Skip Pension Payment; Recently Enacted Law Allows Airlines to Defer Funding Plans
The Washington Post; subscription may be required

Sept. 7, 2004

Excerpt: Continental Airlines Inc., the fifth-largest U.S. carrier, said it will skip contributions to employee pension plans this year, taking advantage of a law enacted in April to conserve cash.

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