Company Watch - Continental Airlines.Jul 23, 2007 Alitalia's long-time commercial partner, Air France Air France in full Compagnie Internationale Air France French passenger and cargo airline with more than 200 destinations in some 80 countries. It introduced supersonic Concorde service in 1976, but financial loss led the company to cease its Concorde , has snubbed the auction, saying it was not interested under current conditions. That has not stopped Italian media from speculating the Dutch-French carrier could still come to the rescue. Analysts say the future of Alitalia, which has a market value of about USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $1.5 billion, could be in jeopardy if the auction collapses. The airline needs another cash injection after writing down its fleet in May, but any attempt by Rome to pump in more money would meet stiff resistance from the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community and would be unpopular politically. Jul 18, 2007 Continental's Earnings Up On International Demand. Continental Airlines posted a better-than-expected 15 percent increase in quarterly earnings on Thursday on strong demand for transatlantic and other international flights. The fourth-largest US carrier by passenger traffic said second-quarter net profit rose to USD$228 million, from USD$198 million in the same period a year ago. Operating revenue operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. rose 5.8 percent to USD$3.71 billion as yield rose 1.5 percent and capacity increased 4.7 percent. Jul 20, 2007 Most airline stocks fell Friday, as Continental Airlines warned of higher costs in the third quarter. After reporting second-quarter profit above Wall Street expectations Thursday, Continental also warned that it will likely face tougher third-quarter unit costs -- a measurement of expenses divided by capacity. Jul 20, 2007 Continental Airlines announced it will begin non-stop service from its New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of area hub at New Jersey's Newark Liberty International Airport For the massive interchange outside of Newark Liberty International Airport, see . Newark Liberty International Airport (IATA: EWR, ICAO: KEWR, FAA LID: EWR), first named Newark Airport and later Newark International Airport to Mont-Tremblant, Canada, on December 14, 2007. Jul 19, 2007 Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please 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 AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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