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Company Watch - Continental Airlines.


Aug 6, 2007

Continental Airlines reported an estimated 3%-4% increase in July consolidated RASM RASM Revenue per Available Seat Mile
RASM Reliability, Availability, Scalability and Manageability (Red Hat, Inc.)
RASM Rear Admiral Submarines (UK)
RASM Recorded Announcement Systems Manager
 as it flew 9.06 billion system RPMs, up 3.6% from the year-ago month, against a 2.4% rise in ASMs to 10.48 billion. Load factor improved 1 point to 86.4%. Domestic RPMs climbed 4.5% to 4.25 billion, ASMs were up 3.7% to 4.83 billion and load rose 0.7 point to 88%. International traffic increased 6.3% to 3.93 billion RPMs, capacity was ahead 4.6% to 4.57 billion ASMs and load factor lifted 1.3 points to 86%. Aug 3, 2007

Airlines shares rebounded Thursday morning, taking wing on a strong July revenue report from Continental Airlines. Amex Airline index rose 2.4% to 47.28 points in the first hour of trading, with 10 out of the 11 stocks in the benchmark index trading higher. The Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 Wilshire Airlines index, which includes more stocks, rose 3.2%. Continental Airlines said late Wednesday that its revenue passenger miles Revenue passenger miles (RPMs) is a measure of a passenger traffic for an airline flight, bus, or train calculated by multiplying the total number of revenue-paying passengers aboard the vehicle by the distance traveled measured in miles.  rose 3.6% in July to 9.06 billion, boosted by a 5.4% increase at its main carrier. Its load factor, a measure of how packed its planes were, rose 1 point to 86.4% across its airline brands and one point to 87% for its main carrier. Aug 2, 2007

Continental Airlines today made its final submission to the Department of Transportation for its application to provide the first daily nonstop HP's brand name for its fault-tolerant servers, which range in size from four CPUs to 4,000 CPUs. The NonStop line was created by Tandem Computers, which was acquired by Compaq, which later became part of HP.  service, and the only U.S. carrier service, between New York/Newark and Shanghai. Aug 2, 2007

ExpressJet Holdings will have its 2007 block-hour rates under its capacity purchase agreement with Continental Airlines reduced by $14.2 million, an arbitration panel arbitration panel

A group of individuals charged with resolving a dispute between individuals and/or organizations. Arbitration panels to resolve investment disputes are sponsored by self-regulatory organizations such as NASD.
 decided. The dispute went to arbitration June 25. ExpressJet said the reduction "represents changing staffing levels and overhead expenses allocated to the CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  as well as expenses associated with ExpressJet's nonflying businesses." Aug 3, 2007

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Publication:Airguide Online
Date:Aug 6, 2007
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