« American Airlines to Order Even More Winglets | Main | Congress Panel Approves Wright »

Jul20
Continental Airlines Posts $198 Million Profit
Continental Airlines reported their second quarter results today.  The airline which has been one of the very few airlines to increase domestic capacity this year reported a nearly doubling of their profit over last year.  For this year's second quarter Continental Airlines reported a $198 million dollar profit whereas last year they earned $100 million dollars. 
------------------------------------------------------------

continental_neu4.jpg"Our plan is working and as a result, everyone wins," said Larry Kellner, chairman and chief executive officer. "Employees win with profit sharing and stock option gains, customers win with award winning service as reflected by the J.D. Power award and stockholders win with profitability."

Other than the 40 to 50 regional jet aircraft that Continental expects a third party to acquire and operate to partially replace the 69 withdrawn ExpressJet aircraft, and two Boeing 777 aircraft that Continental will take delivery of in early 2007, Continental will not take any new aircraft deliveries in 2007. As a result, the carrier anticipates growing its mainline capacity approximately 5 percent and its consolidated capacity between 3 percent and 4 percent in 2007.

Yahoo! News


Continental Airlines (CAL) was down in mid-day trading to $30.03 (down $0.53). 

0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« American Airlines to Order Even More Winglets | Main | Congress Panel Approves Wright »

Advertise

Related Resources

  • Aircraft for Sale - J.A. Aero provides new and used aircraft for sale for the international community. Huge selection at great prices.

sponsored ads



subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



TheAirlineHub is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

BrainBasedBusiness

TheInsurancePolicy

MarketingBlurb