Continental Airlines and Northwest Airlines chiefs hinted that downsizing may be necessary to offset escalating fuel costs. With the per-barrel crude oil price topping $110, analysts have warned that cost cuts achieved during the US industry's restructuring earlier this decade are in danger of being swamped by high energy expenses (ATWOnline, March 13). CO Chairman and CEO Larry Kellner said in a message to employees that the carrier's fuel costs could rise by as much as $1.5 billion ...

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