Continental Airlines Reports October 2007 Operational Performance


12 Nov 2007 [12:44h]     Bookmark and Share


Continental Airlines Reports October 2007 Operational Performance

Continental Airlines Reports October 2007 Operational Performance


  • Urlaub.digital

Continental Airlines (NYSE: CAL) today reported an October consolidated (mainline plus regional) load factor of 79.5 percent, 0.2 points above the October 2006 consolidated load factor, and a mainline load factor of 79.8 percent, 0.3 points above the October 2006 mainline load factor.

HOUSTON — Both load factors were records for the month. In addition, the carrier reported a domestic mainline load factor of 82.5 percent, 0.6 points below October 2006, and an international mainline load factor of 76.7 percent, 1.3 points above October 2006.

During the month, Continental recorded a U.S. Department of Transportation on-time arrival rate of 80.4 percent and a mainline segment completion factor of 99.6 percent.

In October 2007, Continental flew 7.7 billion consolidated revenue passenger miles (RPMs) and 9.7 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 6.0 percent and a capacity increase of 5.7 percent as compared to October 2006. In October 2007, Continental flew 6.9 billion mainline RPMs and 8.6 billion mainline ASMs, resulting in a mainline traffic increase of 7.3 percent and a mainline capacity increase of 7.0 percent as compared to October 2006. Domestic mainline traffic was 3.7 billion RPMs in October 2007, up 4.6 percent from October 2006, and domestic mainline capacity was 4.5 billion ASMs, up 5.3 percent from October 2006.

For October 2007, consolidated passenger revenue per available seat mile (RASM) is estimated to have increased between 6.0 and 7.0 percent compared to October 2006, while mainline passenger RASM is estimated to have increased between 7.0 and 8.0 percent compared to October 2006. For September 2007, consolidated passenger RASM increased 4.2 percent compared to September 2006, while mainline passenger RASM increased 5.1 percent from September 2006.

Continental’s regional operations had an October load factor of 76.9 percent, 0.4 points below the October 2006 load factor. Regional RPMs were 821.5 million and regional ASMs were 1,067.8 million in October 2007, resulting in a traffic decrease of 3.9 percent and a capacity decrease of 3.4 percent versus October 2006.

Continental Airlines is the world’s fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,100 daily departures throughout the Americas, Europe and Asia, serving 144 domestic and 138 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 45,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 67 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.

For the fourth consecutive year, FORTUNE magazine named Continental the No. 1 World’s Most Admired Airline on its 2007 list of World’s Most Admired Companies. Continental was also named the No. 1 airline on the publication’s 2007 America’s Most Admired airline industry list. Additionally, Continental again won major awards at the OAG Airline of the Year Awards including „Best Airline Based in North America“ for the fourth year in a row, and „Best Executive/Business Class“ for the fifth consecutive year. For more company information, visit continental.com.

This press release contains forward-looking statements that are not limited to historical facts, but reflect the company’s current beliefs, expectations or intentions regarding future events. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. For examples of such risks and uncertainties, please see the risk factors set forth in the company’s 2006 10-K and its other securities filings, including any amendments thereto, which identify important matters such as the consequences of the company’s significant financial losses and high leverage, the significant cost of aircraft fuel, its high labor and pension costs, service interruptions at one of its hub airports, disruptions in its computer systems, and industry conditions, including the airline pricing environment, industry capacity decisions, industry consolidation, terrorist attacks, regulatory matters, excessive taxation, the availability and cost of insurance, public health threats and the seasonal nature of the airline business. The company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this press release, except as required by applicable law.

                         PRELIMINARY TRAFFIC RESULTS

    OCTOBER                2007         2006           Change
    REVENUE PASSENGER
     MILES (000)
      Domestic           3,748,932    3,584,913          4.6   Percent

      International      3,124,304    2,822,048         10.7   Percent
      Transatlantic      1,791,893    1,546,101         15.9   Percent
      Latin America        704,683      655,677          7.5   Percent
      Pacific              627,728      620,270          1.2   Percent

      Mainline           6,873,236    6,406,961          7.3   Percent
      Regional             821,467      854,551         -3.9   Percent
      Consolidated       7,694,703    7,261,512          6.0   Percent
    AVAILABLE SEAT
     MILES (000)
      Domestic           4,545,441    4,315,906          5.3   Percent

      International      4,071,163    3,740,657          8.8   Percent
      Transatlantic      2,321,631    2,028,144         14.5   Percent
      Latin America        919,601      901,037          2.1   Percent
      Pacific              829,931      811,476          2.3   Percent

      Mainline           8,616,604    8,056,563          7.0   Percent
      Regional           1,067,799    1,105,020         -3.4   Percent
      Consolidated       9,684,403    9,161,583          5.7   Percent
    PASSENGER LOAD
     FACTOR
      Domestic        82.5 Percent 83.1 Percent         -0.6    Points

      International   76.7 Percent 75.4 Percent          1.3    Points
      Transatlantic   77.2 Percent 76.2 Percent          1.0    Points
      Latin America   76.6 Percent 72.8 Percent          3.8    Points
      Pacific         75.6 Percent 76.4 Percent         -0.8    Points

      Mainline        79.8 Percent 79.5 Percent          0.3    Points
      Regional        76.9 Percent 77.3 Percent         -0.4    Points
      Consolidated    79.5 Percent 79.3 Percent          0.2    Points
    ONBOARD PASSENGERS
      Mainline           4,115,874    3,947,787          4.3   Percent
      Regional           1,535,726    1,560,051         -1.6   Percent
      Consolidated       5,651,600    5,507,838          2.6   Percent
    CARGO REVENUE TON
     MILES (000)
      Total                 94,608       96,418         -1.9   Percent



                         PRELIMINARY TRAFFIC RESULTS

    YEAR-TO-DATE           2007         2006           Change
    REVENUE PASSENGER
     MILES (000)
      Domestic          38,041,502   36,040,992          5.6   Percent

      International     32,870,803   30,325,388          8.4   Percent
      Transatlantic     17,074,430   15,134,401         12.8   Percent
      Latin America      9,377,360    8,930,736          5.0   Percent
      Pacific            6,419,013    6,260,251          2.5   Percent

      Mainline          70,912,305   66,366,380          6.8   Percent
      Regional           8,278,290    8,637,192         -4.2   Percent
      Consolidated      79,190,595   75,003,572          5.6   Percent
    AVAILABLE SEAT
     MILES (000)
      Domestic          45,192,026   43,032,146          5.0   Percent

      International     41,116,790   38,701,836          6.2   Percent
      Transatlantic     21,353,753   19,188,826         11.3   Percent
      Latin America     11,574,201   11,365,266          1.8   Percent
      Pacific            8,188,836    8,147,744          0.5   Percent

      Mainline          86,308,816   81,733,982          5.6   Percent
      Regional          10,563,158   11,063,882         -4.5   Percent
      Consolidated      96,871,974   92,797,864          4.4   Percent
    PASSENGER LOAD
     FACTOR
      Domestic        84.2 Percent 83.8 Percent          0.4    Points

      International   79.9 Percent 78.4 Percent          1.5    Points
      Transatlantic   80.0 Percent 78.9 Percent          1.1    Points
      Latin America   81.0 Percent 78.6 Percent          2.4    Points
      Pacific         78.4 Percent 76.8 Percent          1.6    Points

      Mainline        82.2 Percent 81.2 Percent          1.0    Points
      Regional        78.4 Percent 78.1 Percent          0.3    Points
      Consolidated    81.7 Percent 80.8 Percent          0.9    Points
    ONBOARD PASSENGERS
      Mainline          42,765,225   40,699,650          5.1   Percent
      Regional          15,085,073   15,323,226         -1.6   Percent
      Consolidated      57,850,298   56,022,876          3.3   Percent
    CARGO REVENUE TON
     MILES (000)
      Total                852,637      890,567         -4.3   Percent



                PRELIMINARY OPERATIONAL AND FINANCIAL RESULTS

    OCTOBER                  2007         2006          Change
    On-Time Performance (1)  80.4%        71.4%           9.0    Points
    Completion Factor (2)    99.6%        99.4%           0.2    Points
    September 2007 year-over-year consolidated RASM
     change                                               4.2   Percent
    September 2007 year-over-year mainline RASM change    5.1   Percent
    October 2007 estimated year-over-year
     consolidated RASM change                       6.0 - 7.0   Percent
    October 2007 estimated year-over-year
     mainline RASM change                           7.0 - 8.0   Percent
    October 2007 estimated average price
     per gallon of fuel, including fuel taxes            2.33   Dollars
    Fourth Quarter 2007 estimated average
     price per gallon of fuel, including fuel taxes      2.50   Dollars

    (1) Department of Transportation Arrivals within 14 minutes

    (2) Mainline Segment Completion Percentage


  • Palma.guide

Adresse
continental.com

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