Air Transport World

Continental Airlines. (North America report).(aircraft delivery deferred)(Brief Article)

Continental Airlines said it is deferring 36 firm 737s scheduled for delivery in 2005-07 and is in discussions with Boeing regarding the terms of delivery of 11 757-300s also on order. The airline expects the deferred 737s to arrive "in 2008 and beyond." As a result, it said its fleet will decline from 358 last June to 348 by June 2005. It had 377 aircraft in June 2001. "We are not going to invest in aircraft that we cannot profitably fly in the current marketplace," said Chairman and CEO Gordon Bethune. …

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