Company Watch - Continental Airlines.For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul Jul abbr (= July) → jul Jul abbr (= July) → juil Jul written abbr Jul July. 24, 2006 Continental Airlines' expenses did rise 19.2% to $3.26 billion, Continental's ability to attract more passengers and implement "several fare increases" boosted turnover 22.8% to $3.51 billion, more than doubling operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. to $244 million from $119 million in the year-ago quarter. It recorded $10 million in special charges, comprising a $14 million settlement charge related to lump-sum payments to retiring pilots and a $4 million reduction of an older charge related to the grounding of leased MD-80s. Jul 21, 2006 Continental Airlines traffic during the quarter grew 15.2% to 23.37 billion RPMs. Capacity rose 10.9% to 28.26 billion ASMs and load factor climbed 3.1 points to 82.7%, a record for the period. Passenger 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 went up 11% to 11.42 cents and yield increased 6.9% to 13.81 cents. On mainline mainline Drug slang verb To inject a drug operations, unit costs rose 8.1% to 10.72 cents but went up just 1.3% to 10.05 cents holding fuel rate constant. CO paid $2.11 per gal. of fuel, a 26.4% increase. Jul 21, 2006 Continental doubles second-quarter profit. Continental Airlines concluded its best quarter since 2001 with a net profit of $198 million, nearly double the $100 million earned in the second quarter of 2005."After five years of challenges and hard work, it's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have great to see a payoff for everyone's efforts. But, even with the progress made, we must continue our focus on eliminating unnecessary costs," Executive VP and CFO See Chief Financial Officer. Jeff Misner said. Jul 21, 2006 Continental adds fee for some distribution channels. Continental Airlines has joined American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the and United Airlines in adding a $3.50 fee for travel agencies using certain distribution systems. Continental says agencies participating in the Sabre Efficient Access Solution, Galileo Content Continuity Program and Worldspan's Super Access Product will not be charged the fee. Those not using those services will be charged the fee and not be able to access full fares and inventory. Jul 20, 2006 |
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