Continental Airlines reports record load factor and strong year-end traffic.HOUSTON--(BUSINESS WIRE)--Jan. 6, 1997--Continental Airlines today reported for 1996 an all-time all-time adj. Exceeding all others up to the present time: an all-time speed skating record. all-time Adjective Informal record high single-year load factor -- 68.1 percent. The full year 1996 load factor was 2.5 points higher than 1995. In addition, the company recorded a December December: see month. load factor of 67.6 percent, representing a 4.0 point increase from December 1995. In December 1996, Continental flew 3.6 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 5.4 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), resulting in a traffic increase of 15.9 percent and a capacity increase of 8.9 percent versus December 1995. Continental's wholly owned Continental Express subsidiary reported that its December load factor was 49.8 percent, based on 78.2 million RPMs and 157.1 million ASMs. -0-
PRELIMINARY TRAFFIC RESULTS
DECEMBER 1996 1995 Change
REVENUE PASSENGER MILES (000)
Domestic 2,595,033 2,262,514 14.7 percent
International 1,034,492 869,846 18.9 percent
Total Jet 3,629,525 3,132,360 15.9 percent
Cont'l. Express 78,178 57,496 36.0 percent
AVAILABLE SEAT MILES (000)
Domestic 3,839,287 3,583,524 7.1 percent
International 1,528,287 1,343,819 13.7 percent
Total Jet 5,367,574 4,927,342 8.9 percent
Cont'l. Express 157,057 119,276 31.7 percent
PASSENGER LOAD FACTOR
Domestic 67.6 percent 63.1 percent 4.5 points
International 67.7 percent 64.7 percent 3.0 points
Total Jet 67.6 percent 63.6 percent 4.0 points
Cont'l. Express 49.8 percent 48.2 percent 1.6 points
CARGO REVENUE TON MILES (000)
Total 44,673 37,601 18.8 percent
YEAR-TO-DATE 1996 1995 Change
REVENUE PASSENGER MILES (000)
Domestic 30,036,571 29,240,688 2.7 percent
International 11,893,281 10,800,770 10.1 percent
Total Jet 41,929,852 40,041,458 4.7 percent
Cont'l. Express 930,721 752,775 23.6 percent
AVAILABLE SEAT MILES (000)
Domestic 44,321,396 44,894,047 -1.3 percent
International 17,221,385 16,127,915 6.8 percent
Total Jet 61,542,781 61,021,962 0.9 percent
Cont'l. Express 1,802,327 1,521,477 18.5 percent
PASSENGER LOAD FACTOR
Domestic 67.8 percent 65.1 percent 2.6 points
International 69.0 percent 67.0 percent 2.1 points
Total Jet 68.1 percent 65.6 percent 2.5 points
Cont'l. Express 51.6 percent 49.5 percent 2.2 points
CARGO REVENUE TON MILES (000)
Total 496,771 458,786 8.3 percent
CONTACT: 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 |
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