Continental Airlines reports record February traffic.HOUSTON--(BUSINESS WIRE)-- March 7, 1996--Continental Airlines ("CAI (1) (Computer-Assisted Instruction) Same as CBT. (2) See CA. CAI - Computer-Aided Instruction ") today reported its highest February February: see month. load factor ever -- 65.7 percent. The February load factor is 7.9 points higher than one year ago. In February, Continental flew 3.1 billion 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. (RPMs) and 4.7 billion available seat miles Available seat miles (ASM) is a measure of an airline flight's passenger carrying capacity. It is equal to the number of seats available multiplied by the number of miles flown. This measures an airlines capacity for transporting passengers. (ASMs). The elimination of unprofitable flying during the last year resulted in a capacity decline of 6.1 percent versus February 1995, while traffic grew by 6.7 percent over the same interval. Continental also said that its operational performance continues to excel. This week the "Air Travel Consumer Report" issued by the U.S. Department of Transportation for the month of January January: see month. reported that Continental had the lowest number of complaints and the lowest complaint rate in the industry, the second best baggage handling rate and the third best on-time arrival rate (in spite of in opposition to all efforts of; in defiance or contempt of; notwithstanding. See also: Spite the impact of the atrocious "storm of the century" in the Northeast “Northeastern” redirects here. For the Boston college, see Northeastern University, Boston. Northeast or north east is the ordinal direction halfway between north and east. It is the opposite of southwest. See boxing the compass. ). Among all major hubbing carriers, Continental earned the top spot in all three categories -- complaints, bags and on-time. Further, Continental had the lowest involuntary involuntary adj. or adv. without intent, will, or choice. Participation in a crime is involuntary if forced by immediate threat to life or health of oneself or one's loved ones, and will result in dismissal or acquittal. INVOLUNTARY. denied boarding rate among all major carriers in the fourth quarter of 1995, the D.O D.O., n See Doctor of Osteopathy (or Osteopathic Medicine). .T. said. Continental's wholly owned Continental Express subsidiary reported that its February load factor was 50.9 percent, based on 63.0 million RPMs and 123.7 million ASMs. The load factor was up 7.9 points from February 1995. -0-
PRELIMINARY TRAFFIC RESULTS
FEBRUARY 1996 1995 Change
REVENUE PASSENGER MILES (000)
Domestic 2,196,987 2,114,920 3.9 percent
International 877,758 767,728 14.3 percent
Total Jet 3,074,745 2,882,648 6.7 percent
Cont'l. Express 62,990 50,982 23.6 percent
AVAILABLE SEAT MILES (000)
Domestic 3,372,363 3,732,925 -9.7 percent
International 1,306,824 1,251,154 4.4 percent
Total Jet 4,679,188 4,984,079 -6.1 percent
Cont'l. Express 123,732 118,458 4.5 percent
PASSENGER LOAD FACTOR
Domestic 65.2 percent 56.7 percent 8.5 points
International 67.2 percent 61.4 percent 5.8 points
Total Jet 65.7 percent 57.8 percent 7.9 points
Cont'l. Express 50.9 percent 43.0 percent 7.9 points
CARGO REVENUE TON MILES (000)
Total 36,163 39,142 -7.6 percent
YEAR-TO-DATE 1996 1995 Change
REVENUE PASSENGER MILES (000)
Domestic 4,299,313 4,385,920 -2.0 percent
International 1,771,056 1,640,805 7.9 percent
Total Jet 6,070,370 6,026,725 0.7 percent
Cont'l. Express 117,336 94,956 23.6 percent
AVAILABLE SEAT MILES (000)
Domestic 6,785,731 7,954,925 -14.7 percent
International 2,672,412 2,668,721 0.1 percent
Total Jet 9,458,143 10,623,646 -11.0 percent
Cont'l. Express 243,939 229,903 6.1 percent
PASSENGER LOAD FACTOR
Domestic 63.4 percent 55.1 percent 8.2 points
International 66.3 percent 61.5 percent 4.8 points
Total Jet 64.2 percent 56.7 percent 7.5 points
Cont'l. Express 48.1 percent 41.3 percent 6.8 points
CARGO REVENUE TON MILES (000)
Total 70,129 77,059 -9.0 percent
CONTACT: Continental Airlines Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. , 713/834-5080, or Investor Relations Investor relations The process by which the corporation communicates with its investors. , 713/834-2241 |
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