Continental Airlines Reports December 2006 Operational Performance


03 Jan 2007 [08:26h]     Bookmark and Share




Continental Airlines (NYSE: CAL) reported a December consolidated (mainline plus regional) load factor of 79.5 percent, 1.8 points above the December 2005 consolidated load factor.

HOUSTON – The carrier reported a mainline load factor of 79.9 percent, 1.9 points above the December 2005 mainline load factor, and a domestic mainline load factor of 81.8 percent, 2.1 points above December 2005. All three were records for the month. In addition, the airline had an international mainline load factor of 77.5 percent, 1.7 points above December 2005.

During the month, Continental recorded a U.S. Department of Transportation on-time arrival rate of 73.4 percent and a December mainline completion factor of 99.6 percent.

[GADS_NEWS]In December 2006, Continental flew 7.5 billion consolidated revenue passenger miles (RPMs) and 9.4 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 6.9 percent and a capacity increase of 4.4 percent as compared to December 2005. In December 2006, Continental flew 6.6 billion mainline RPMs and 8.3 billion mainline ASMs, resulting in a mainline traffic increase of 7.1 percent and a 4.6 percent increase in mainline capacity as compared to December 2005. Domestic mainline traffic was 3.7 billion RPMs in December 2006, up 5.4 percent from December 2005, and domestic mainline capacity was 4.5 billion ASMs, up 2.8 percent from December 2005.

For December 2006, consolidated passenger revenue per available seat mile (RASM) is estimated to have increased between 3.5 and 4.5 percent compared to December 2005, while mainline passenger RASM is estimated to have increased between 5.5 and 6.5 percent compared to December 2005. For November 2006, consolidated passenger RASM increased 3.3 percent compared to November 2005, while mainline passenger RASM increased 4.6 percent from November 2005.

Continental estimates fourth quarter consolidated RASM to have increased between 4.1 and 4.4 percent compared to the fourth quarter 2005, and fourth quarter cost per available seat mile (CASM) to be in line with its most recently provided guidance. As a result, the company expects to report a modest loss for the quarter, excluding special charges.

Continental ended the fourth quarter of 2006 with unrestricted cash and short-term investments of approximately $2.48 billion.

December 2006 sales at continental.com increased 19.0 percent over December 2005.

Continental’s regional operations had a record December load factor of 77.0 percent, 1.6 points above the December 2005 load factor. Regional RPMs were 864.7 million and regional ASMs were 1,122.5 million in December 2006, resulting in a traffic increase of 5.8 percent and a capacity increase of 3.6 percent versus December 2005.

Continental Airlines is the world’s fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,200 daily departures throughout the Americas, Europe and Asia, serving 151 domestic and 136 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 44,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 61 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.

In 2006, Continental Airlines won its sixth J.D. Power and Associates award since 1996. The carrier received the highest rank in customer satisfaction among network carriers in North America in the J.D. Power and Associates 2006 Airline Satisfaction Index Survey(SM). For the third consecutive year, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its 2006 list of Most Admired Global Companies. Continental was also named the No. 1 airline on the publication’s 2006 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 third year in a row, and „Best Executive/Business Class“ for the fourth 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 2005 10-K and its other securities filings, including any amendments thereto, which identify important matters such as the consequences of our significant financial losses and high leverage, terrorist attacks, domestic and international economic conditions, the significant cost of aircraft fuel, labor costs, competition, and industry conditions, including the demand for air travel, the airline pricing environment and industry capacity decisions, regulatory matters, disruptions in its computer systems, 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

    DECEMBER                               2006          2005        Change

    REVENUE PASSENGER MILES (000)
      Domestic                        3,692,649     3,502,067     5.4 Percent

      International                   2,924,105     2,678,063     9.2 Percent
      Transatlantic                   1,388,403     1,247,101    11.3 Percent
      Latin America                     932,655       834,568    11.8 Percent
      Pacific                           603,047       596,394     1.1 Percent

      Mainline                        6,616,754     6,180,130     7.1 Percent
      Regional                          864,673       817,187     5.8 Percent
      Consolidated                    7,481,427     6,997,317     6.9 Percent

    AVAILABLE SEAT MILES (000)
      Domestic                        4,513,702     4,392,163     2.8 Percent

      International                   3,771,209     3,531,177     6.8 Percent
      Transatlantic                   1,760,431     1,598,923    10.1 Percent
      Latin America                   1,206,874     1,136,085     6.2 Percent
      Pacific                           803,904       796,169     1.0 Percent

      Mainline                        8,284,911     7,923,340     4.6 Percent
      Regional                        1,122,500     1,083,351     3.6 Percent
      Consolidated                    9,407,411     9,006,691     4.4 Percent

    PASSENGER LOAD FACTOR
      Domestic                     81.8 Percent  79.7 Percent     2.1 Points

      International                77.5 Percent  75.8 Percent     1.7 Points
      Transatlantic                78.9 Percent  78.0 Percent     0.9 Points
      Latin America                77.3 Percent  73.5 Percent     3.8 Points
      Pacific                      75.0 Percent  74.9 Percent     0.1 Points

      Mainline                     79.9 Percent  78.0 Percent     1.9 Points
      Regional                     77.0 Percent  75.4 Percent     1.6 Points
      Consolidated                 79.5 Percent  77.7 Percent     1.8 Points

    ONBOARD PASSENGERS
      Mainline                        4,126,385     3,918,862     5.3 Percent
      Regional                        1,520,399     1,431,241     6.2 Percent
      Consolidated                    5,646,784     5,350,103     5.5 Percent

    CARGO REVENUE TON MILES (000)
      Total                              94,381        91,771     2.8 Percent



                           PRELIMINARY TRAFFIC RESULTS

    YEAR-TO-DATE                           2006          2005       Change

    REVENUE PASSENGER MILES (000)
      Domestic                       43,265,353    39,940,548     8.3 Percent

      International                  35,923,404    31,320,573    14.7 Percent
      Transatlantic                  17,849,226    15,505,590    15.1 Percent
      Latin America                  10,635,518     9,033,775    17.7 Percent
      Pacific                         7,438,660     6,781,208     9.7 Percent

      Mainline                       79,188,757    71,261,121    11.1 Percent
      Regional                       10,324,683     8,937,931    15.5 Percent
      Consolidated                   89,513,440    80,199,052    11.6 Percent

    AVAILABLE SEAT MILES (000)
      Domestic                       51,739,060    49,215,120     5.1 Percent

      International                  45,927,523    40,430,681    13.6 Percent
      Transatlantic                  22,655,069    19,387,805    16.9 Percent
      Latin America                  13,554,639    11,997,375    13.0 Percent
      Pacific                         9,717,815     9,045,501     7.4 Percent

      Mainline                       97,666,583    89,645,801     8.9 Percent
      Regional                       13,251,072    11,972,886    10.7 Percent
      Consolidated                  110,917,655   101,618,687     9.2 Percent

    PASSENGER LOAD FACTOR
      Domestic                     83.6 Percent  81.2 Percent     2.4 Points

      International                78.2 Percent  77.5 Percent     0.7 Points
      Transatlantic                78.8 Percent  80.0 Percent    -1.2 Points
      Latin America                78.5 Percent  75.3 Percent     3.2 Points
      Pacific                      76.5 Percent  75.0 Percent     1.5 Points

      Mainline                     81.1 Percent  79.5 Percent     1.6 Points
      Regional                     77.9 Percent  74.7 Percent     3.2 Points
      Consolidated                 80.7 Percent  78.9 Percent     1.8 Points

    ONBOARD PASSENGERS
      Mainline                       48,782,037    44,939,634     8.6 Percent
      Regional                       18,330,783    16,076,042    14.0 Percent
      Consolidated                   67,112,820    61,015,676    10.0 Percent

    CARGO REVENUE TON MILES (000)
      Total                           1,076,472     1,020,350     5.5 Percent



                  PRELIMINARY OPERATIONAL AND FINANCIAL RESULTS

    DECEMBER                             2006       2005        Change
    On-Time Performance (A)             73.4%      71.0%      2.4 Points
    Completion Factor (B)               99.6%      99.6%      --- Points
    November 2006 year-over-year consolidated RASM change     3.3 Percent
    November 2006 year-over-year mainline RASM change         4.6 Percent
    December 2006 estimated year-over-year consolidated
     RASM change                                          3.5-4.5 Percent
    December 2006 estimated year-over-year mainline
     RASM change                                          5.5-6.5 Percent
    December 2006 estimated average price per gallon
     of fuel, including fuel taxes                           1.99 Dollars
    Fourth Quarter 2006 estimated average price per
     gallon of fuel, including fuel taxes                    2.01 Dollars

     (A) Department of Transportation Arrivals within 14 minutes
     (B) Mainline Mileage Completion Percentage
SOURCE  Continental Airlines   






  • Palma.guide



Kontakt zum Verfasser der Nachricht:

[contact-form-7 id="53822" title="KontaktAutorArtikel"]




Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert

*
*