Posts: 490
Joined: Tue Jul 26, 2005 12:08 pm

At Least One Carrier Is Funding Their Pension

Sat Oct 07, 2006 5:46 am

NEW YORK, Oct 6 (Reuters) - Continental Airlines (CAL.N: Quote, Profile, Research) on Friday said it is contributing $70 million to its pension plans, bringing its contributions this year to $246 million.

The contribution exceeds the minimum funding requirement for the plans, Continental said.

Since the beginning of 2002, Continental has contributed more than $1.1 billion to its pension plans, the No. 4 U.S. carrier said.
Posts: 10941
Joined: Mon Apr 25, 2005 2:30 am

RE: At Least One Carrier Is Funding Their Pension

Sat Oct 07, 2006 5:49 am

Make that two. AA has put over $180M into their funds thus far this year.
Posts: 1224
Joined: Sun Oct 09, 2005 2:24 pm

RE: At Least One Carrier Is Funding Their Pension

Sat Oct 07, 2006 7:49 am

Make that 3 AC is still offering pensions to retires tooo.

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