COGlobeTrotter
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CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 9:40 pm

http://www.continental.com/web/en-US...apps/vendors/default.aspx?i=PRNEWS
Good job CO  Smile. They also announced that they will put winglets on 37 of their 737-500s and 11 737-300s.
 
Cory6188
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 9:43 pm

$146 million - wow! - that's better than AA's $114 million, and CO is a fraction of the size.

However, winglets for the 733s and 735s? Ugh. All that can mean is that they're planning on having those two old types stick around for longer, which I can't exactly say is too appealing from a pax perspective.
 
dtwclipper
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 9:46 pm

Great news for CO!

Quoting Cory6188 (Reply 1):
that can mean is that they're planning on having those two old types stick around for longer, which I can't exactly say is too appealing from a pax perspective.

Most pax don't care, and don't know how old an A/C is.

If the cabin is clean, and looks good, that's the only thing most will notice.
Compare New York Air, the Airline that works for your Business
 
Cory6188
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 9:49 pm

Quoting Dtwclipper (Reply 2):
If the cabin is clean, and looks good

Well, knowing how CO meticulously maintains the interior of their aircraft between flights and such, clean cabins aren't the issue. It's more the lack of IFE that's a bummer.
 
COwrenchturner
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 9:55 pm

Quoting Cory6188 (Reply 3):
It's more the lack of IFE that's a bummer.

Right now we are upgrading our 757's with Video On Demand (VOD) in each seat. Other fleet types are next.
Aircraft maintenance can be done fast, cheap or right. Pick two.
 
ANCFlyer
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 9:59 pm

Congratulations CO . . . well done, again.

And you're still serving meals to your pax . . . at no charge.  thumbsup 
FOR THOSE THAT FOUGHT FOR IT, FREEDOM HAS A FLAVOR THE PROTECTED WILL NEVER KNOW OR UNDERSTAND
 
Cory6188
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 10:05 pm

Quoting COwrenchturner (Reply 4):
Right now we are upgrading our 757's with Video On Demand (VOD) in each seat. Other fleet types are next.

I know that AVOD is coming to Y....eventually....for the 752's and the 738's down the road, but I didn't know they were planning on doing the older 737's as well.
 
DAYflyer
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 10:10 pm

Great news. The longer an airframe flys, the more profit it returns to it's owner. I think it is a very smart move.
One Nation Under God
 
COwrenchturner
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 10:14 pm

The next fleet type for VOD I believe is the 777's. The target A/C are the ones that go "over the pond" since customers spend more time in them.
Aircraft maintenance can be done fast, cheap or right. Pick two.
 
mptpa
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 10:19 pm

Quoting Cory6188 (Reply 1):
However, winglets for the 733s and 735s? Ugh. All that can mean is that they're planning on having those two old types stick around for longer, which I can't exactly say is too appealing from a pax perspective.

Pax do not care of the type as long as the interior looks alike with the entertainment and servics.
 
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mbm3
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 10:28 pm

Great news & congrats to the CO team. The addition of the winglets on the 733s and 735s does not surprise me, but I too hope that this doesnt mean they will stay around longer than anticipated.

And I was not aware of the GE90 3D Aero blades - is this a retrofit or is this just marketing hype regarding something already installed at delivery?
Let Me Tell You, Landing A 772ER Is Harder Than It Looks!
 
B737900ER
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 10:34 pm

Quoting Mbm3 (Reply 10):
And I was not aware of the GE90 3D Aero blades - is this a retrofit or is this just marketing hype regarding something already installed at delivery?

3d Aerp blades is something GE offers at overhaul. They change the width of the compressor and turbine blades. They also offer it for the CFM 56-3 I think
 
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STT757
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 10:39 pm

The 737-500 is a great aircraft for the routes it serves, I find the 737-500 to be very comfortable. The winglets on the 737-500 will help with routes such as EWR-Albuquerque and EWR-Tuscon.
Eastern Air lines flt # 701, EWR-MCO Boeing 757
 
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STT757
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 10:46 pm

From GE:

Quote:
The key benefits of the GE90-94B with advanced 3D aerodynamics in the high pressure compressor are increased thrust and reduced fuel burn. Because lower fuel requirements and lower fuel weight allow a greater proportion of aircraft takeoff weight to be devoted to increased payload, better fuel burn translates into lower customer costs and higher revenue generating capability.

The current 1.4 percent GE90 fuel burn advantage, for example, translates into an annual savings of up to $150,000 (U.S.) in fuel alone, and up to $540,000 in revenues directly attributable to increased payload capacity in a typical year's operation. The target 1.7 percent GE90-94B fuel burn improvement would more than double the GE90's advantage with a proportionate increase in cumulative revenues.

Another -94B advantage will be increased on-wing life because of a 20 degree Celsius improvement in EGT margin. An increase of EGT margin translates to greater on-wing life and customer savings.

The advanced 3D-aero GE90-94B compressor is also a key advantage as GEAE aggressively matures other technologies necessary for a 110,000 to 115,000-pound thrust class engine, designated the GE90-11XB, targeted for high gross weight versions of the Boeing 777 aircraft.
Eastern Air lines flt # 701, EWR-MCO Boeing 757
 
worldtraveler
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 10:58 pm

CO's operating profit margin was 5.4% compared to AA's 4.8%. Given that AA beat CO in operating profit margin in 2Q06, this is good news for CO. They are absorbing the added capacity in their system well.

Good job by CO!
 
ContnlEliteCMH
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RE: CO Announces 3rd Quarter Profit

Thu Oct 19, 2006 10:58 pm

AND... they've contributed $246 million to their pension plan this year. Taking care of business...
Christianity. Islam. Hinduism. Anthropogenic Global Warming. All are matters of faith!
 
flyboyaz
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 12:29 am

Quoting STT757 (Reply 12):
The 737-500 is a great aircraft for the routes it serves, I find the 737-500 to be very comfortable. The winglets on the 737-500 will help with routes such as EWR-Albuquerque and EWR-Tuscon.

Yes exactly what I was thinking...especially since now in TUS, we are getting the EWR flight year round AGAIN....
Catch a ride on a smile!
 
ikramerica
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 12:33 am

Quoting Cory6188 (Reply 1):
However, winglets for the 733s and 735s? Ugh. All that can mean is that they're planning on having those two old types stick around for longer, which I can't exactly say is too appealing from a pax perspective.

Their plan has been to retire the oldest 733s, but not the 735s or 733s until the 737RS is available.

Quoting Dtwclipper (Reply 2):
Most pax don't care, and don't know how old an A/C is.

Especially on some of their newer 733s. They look like the 73G, they have IFE like the 73G. What's the difference?
Of all the things to worry about... the Wookie has no pants.
 
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iahcsr
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 12:37 am

Quoting Cory6188 (Reply 1):
However, winglets for the 733s and 735s? Ugh. All that can mean is that they're planning on having those two old types stick around for longer, which I can't exactly say is too appealing from a pax perspective.

All the 733s (including the 11) will be gone by the end of '10. The 735s will fly a few years longer.
Working very hard to Fly Right....
 
n844aa
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 12:46 am

Quoting Ikramerica (Reply 17):
Especially on some of their newer 733s. They look like the 73G, they have IFE like the 73G. What's the difference?

One of the cleanest, nicest planes I've ever been in was a CO 733. That thing looked like it had just come out of the factory -- I was surprised to look it up later and see it had been made in ... 1986, I think it was.

Given that the flight was about virtually empty and it was between Miami and Havana, I think I can safely rank that high on my list of memorable flights.
New airplanes, new employees, low fares, all touchy-feely ... all of them are losers. -Gordon Bethune
 
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iahcsr
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 12:51 am

Quoting Ikramerica (Reply 17):
Especially on some of their newer 733s. They look like the 73G, they have IFE like the 73G. What's the difference?

The 'newer'-ist 733 is 19 years old. The ones with the IFE are '733LR's and are the 11 that will be getting the Winglets.
Working very hard to Fly Right....
 
ikramerica
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 12:56 am

Quoting IAHcsr (Reply 20):
The 'newer'-ist 733 is 19 years old. The ones with the IFE are '733LR's and are the 11 that will be getting the Winglets.

Yeah? And they have IFE and pax won't know the difference, right?  Wink
Of all the things to worry about... the Wookie has no pants.
 
United777atGU
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 12:58 am

Great Job CO!! Please show us how to run an airline (cough, cough: United). I'm going to be a doctor (hopefully), so maybe I can learn about cloning and clone management, hire the clones under United, and there you go!

That's a great profit. Back to back too.
Speechless
 
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iahcsr
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 1:15 am

Quoting Ikramerica (Reply 21):
Yeah? And they have IFE and pax won't know the difference, right?

The 733 IFE is a much older aisle- celling mounted monitor system Vs the LCD flip-down found on the 73G. But otherwise you are absolutely correct that most pax won't have a clue.  bigthumbsup 
Working very hard to Fly Right....
 
ScottB
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 1:25 am

Quoting IAHcsr (Reply 20):
The ones with the IFE are '733LR's and are the 11 that will be getting the Winglets.

And since they are used primarily on longer stage length routes, CO can probably recoup the cost of the winglets a few times over before the aircraft are retired. Just as an aside...how different are the winglet designs between the different 737 models? Would it be possible for CO to reuse winglets from retiring aircraft on other frames in the fleet?

In any event, this was an excellent quarter for CO in spite of the challenges posed by the fallout from the foiled terrorist plot in the U.K. RASM growth in Latin America and the Pacific was phenomenal, and domestic wasn't far behind.
 
ikramerica
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 1:32 am

Quoting ScottB (Reply 24):
Would it be possible for CO to reuse winglets from retiring aircraft on other frames in the fleet?

Great question.

I also wonder if the winglet resale price on the wing is different than the resale price off the wing.

Is it worth more to sell the 733 with winglets, or to pay to take the winglets off and put them on a new 73G?
Of all the things to worry about... the Wookie has no pants.
 
style
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 6:52 am

This is a great number. Even if you take away the 1 time gain from the sale of Copa stock it still outperforms AMR's Q3 results. Proving that just because youre the biggest doesn't mean a thing. Either way my hat goes of to AA as well for a job well done.
 
bigb
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 7:03 am

Quoting Ikramerica (Reply 25):
Is it worth more to sell the 733 with winglets, or to pay to take the winglets off and put them on a new 73G?

I don't think it is possible for winglets from a 733 to be placed on a 737NG (73G etc.)
ETSN Baber, USN
 
ikramerica
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 7:06 am

Quoting BigB (Reply 27):
I don't think it is possible for winglets from a 733 to be placed on a 737NG (73G etc.)

That was the initial question, so don't break up my second question without confirming the first. Respond to the original poser of the question.

Who has certified winglets for the 733/735? Is it APB? If it's entirely different than the 737NG, then the testing would be extensive...
Of all the things to worry about... the Wookie has no pants.
 
JetBlueAUS
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 7:17 am

Great job CO! The gain is well earned.
Not all of us can be heroes, some of us can only stand on the sidewalk and clap as they go by.
 
FlyHoss
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 10:19 am

Quoting Ikramerica (Reply 28):
Who has certified winglets for the 733/735? Is it APB? If it's entirely different than the 737NG, then the testing would be extensive...

IIRC, the 737-300 is already certified, by AviationPartnersBoeing (check their website), but the -500 is not. Also, the -900 will soon be certified and I expect that CO will then apply winglets to the already existing 12 737-900s (the recently ordered 12 737-900ERs will come equiped with the winglets).

You may recall that CO was the launch customer for the 757-200 winglets, so I believe CO is repeating it's role for the 737-500.

Hasn't WN already started placing winglets on some -300s?

[Edited 2006-10-20 03:20:44]
A little bit louder now, a lil bit louder now...
 
thomasphoto60
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 10:24 am

Way to go, CO.......could not have happed to a nicer airline!  thumbsup 

Thomas
"Show me the Braniffs"
 
masseybrown
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RE: CO Announces 3rd Quarter Profit

Fri Oct 20, 2006 12:04 pm

Quoting Ikramerica (Reply 25):
Is it worth more to sell the 733 with winglets, or to pay to take the winglets off and put them on a new 73G?

One of the CO speakers, I think it was Kellner, indicated that the winglets would increase the used value of the aircraft; he expected they would continue flying for somebody after CO gets rid of them.