Company Watch - Continental Airlines.Dec 18, 2006 Continental Airlines flew 7.03 billion RPMs in November, up 9.8% from the year-ago month. Capacity grew 7.1% to 8.71 billion ASMs and load factor increased 2 points to 80.7%. Domestic RPMs rose 8.1% to 3.53 billion against a 4.2% increase in capacity to 4.19 billion ASMs, raising load factor 3 points to 84.2%. International traffic climbed 12.5% to 2.67 billion RPMs, capacity was ahead 10.8% to 3.45 billion ASMs and load factor gained 1.1 points to 77.4%. CO said consolidated November 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 rose an estimated 2.5%-3.5% year-over-year. October unit revenues lifted 5.3%. Dec 17, 2006 In the event of a United Airlines/Continental Airlines merger proposal were added to the proposed US Airways/Delta Air Lines combination, the organization said, then it "would mandate that the DOJ (Department Of Justice) The legal arm of the U.S. government that represents the public interest of the United States. It is headed by the Attorney General. and Congress shift from a one-off analysis of specific merger transactions and instead closely examine the future construct for domestic US and international commercial aviation marketplaces." It warned that business passengers would be charged "higher ticket prices" yet consolidation would not achieve its main purpose: "What's more, these potential transactions represent a near-term fix to the industry's difficulties and do not address systemic profitability problems and root causes." Dec 15, 2006 Airlines Press US To Revise China Route Review. An influential group of corporate travel managers has asked the US Transportation Department to reopen its decision-making process for new services to China now that United and Continental are in preliminary merger talks, a group spokesman said. Dec 15, 2006 Team Up Or Be Left Behind. A wave of consolidation talk across the US airline industry has left all the players in the sector with a choice of either teaming up with former bitter rivals or being left behind with inferior routes and costs, experts said on Wednesday. The recent merger talks between UAL UAL United Airlines (ICAO code) UAL Unified Accelerator Library (Brookhaven National Laboratory) UAL User Account Lockdown UAL User Access Layer UAL Universal Auxiliary Language UAL User Agent Layer , parent of United Airlines, and Continental Airlines could further jump-start the process and spur any laggards into the game. Sources familiar with the talks say the two airlines are just in preliminary discussions about a merger. Although the carriers reportedly have discussed their consolidation prospects before, they resumed discussions following US Airways' November 15 unsolicited un·so·lic·it·ed adj. Not looked for or requested; unsought: an unsolicited manuscript; unsolicited opinions. unsolicited Adjective bid for Delta Air Lines. Dec 14, 2006 United Airlines and Continental do not seem interested in being left out of a possible consolidation wave, said Joe Schwieterman, transportation expert at DePaul University DePaul University[1] is a private institution of higher education and research in Chicago, Illinois, USA. . When airlines merge, the combined entity often has competitive advantages over rivals related to their operational reach and cost structures. The airline industry has been rife rife adj. rif·er, rif·est 1. In widespread existence, practice, or use; increasingly prevalent. 2. Abundant or numerous. with consolidation speculation this year as carriers continue to grapple with to enter into contest with, resolutely and courageously. See also: Grapple low fares and overcapacity o·ver·ca·pac·i·ty n. Too great a capacity for production of commodities or delivery of services in relation to actual need: the problem of overcapacity in many large industries. . Industry leaders are almost unanimous in the view that there are too many major airlines. Rumored potential couplings have included, United and Continental, United and Delta, and 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 Northwest Airlines. Dec 14, 2006 United, Continental In Early Merger Talks. United Airlines parent UAL and Continental Airlines are in preliminary talks about a merger that would create the largest airline in the world, sources familiar with the situation said on Wednesday. Dec 13, 2006 Continental Airlines Sees Higher Q4 Costs. Continental Airlines on Tuesday forecast higher fourth-quarter operating costs operating costs npl → gastos mpl operacionales and said revenue growth would slow in December. Dec 12, 2006 Continental Shares Rise On Merger Talk. Shares in Continental Airlines rose more than 8 percent on Monday, sparking a broader sector rally, amid speculation that the number 4 US carrier could be the target of a takeover offer. Dec 11, 2006 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Dec 11, 2006 |
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