cslusarc
Posts: 553
Joined: Wed May 04, 2005 2:29 pm

CO Reports July 2007 Operational

Thu Aug 02, 2007 1:18 pm

Press Release Source: Continental Airlines


Continental Airlines Reports July 2007 Operational Performance
Wednesday August 1, 7:26 pm ET


HOUSTON, Aug. 1 /PRNewswire-FirstCall/ -- Continental Airlines (NYSE: CAL - News) today reported a July consolidated (mainline plus regional) load factor of 86.4 percent, 1.0 point above the July 2006 consolidated load factor, and a mainline load factor of 87.0 percent, 1.0 point above the July 2006 mainline load factor. The carrier reported a domestic mainline load factor of 88.0 percent, 0.7 points above July 2006, and an international mainline load factor of 86.0 percent, 1.3 points above July 2006. All four were records for July.


During the month, Continental recorded a U.S. Department of Transportation on-time arrival rate of 69.7 percent and a mainline segment completion factor of 98.9 percent.

In July 2007, Continental flew 9.1 billion consolidated revenue passenger miles (RPMs) and 10.5 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 3.6 percent and a capacity increase of 2.4 percent as compared to July 2006. In July 2007, Continental flew 8.2 billion mainline RPMs and 9.4 billion mainline ASMs, resulting in a mainline traffic increase of 5.4 percent and a mainline capacity increase of 4.2 percent as compared to July 2006. Domestic mainline traffic was 4.2 billion RPMs in July 2007, up 4.5 percent from July 2006, and domestic mainline capacity was 4.8 billion ASMs, up 3.7 percent from July 2006.

For July 2007, consolidated passenger revenue per available seat mile (RASM) is estimated to have increased between 3.0 and 4.0 percent compared to July 2006, while mainline passenger RASM is estimated to have increased between 4.0 and 5.0 percent compared to July 2006. For June 2007, consolidated passenger RASM increased 2.7 percent compared to June 2006, while mainline passenger RASM increased 4.8 percent from June 2006.

Continental's regional operations had a record July load factor of 81.5 percent, 1.0 point above the July 2006 load factor. Regional RPMs were 882.8 million and regional ASMs were 1,082.7 million in July 2007, resulting in a traffic decrease of 9.9 percent and a capacity decrease of 11.1 percent versus July 2006.



Of note:
CO improved is load factor in all market segments for July. Things look like they're starting to turn around for CO.
--cslusarc from YWG
 
AA737-823
Posts: 4905
Joined: Wed Mar 01, 2000 11:10 am

RE: CO Reports July 2007 Operational

Thu Aug 02, 2007 2:19 pm

Quoting Cslusarc (Thread starter):
Things look like they're starting to turn around for CO.

What???
Yeah, turn around from ten years ago...

Continental has been having record-breaking months and quarters for quite some time now...
maybe you should check their prior months press releases... I think you'll find this report is almost a carbon copy of the last several.


...but it's always good to see Continental continue their good performance.
 
ikramerica
Posts: 13772
Joined: Mon May 23, 2005 9:33 am

RE: CO Reports July 2007 Operational

Thu Aug 02, 2007 2:28 pm

Quoting AA737-823 (Reply 1):
Yeah, turn around from ten years ago...

They lost money less than 2 years ago, for a sustained period. So check your facts...

Nice to see RASM going up a healthy margin. The weather and traffic in NYC played havoc with the ontime for July, but that's just part of NYC in the 21st century.
Of all the things to worry about... the Wookie has no pants.
 
cslusarc
Posts: 553
Joined: Wed May 04, 2005 2:29 pm

RE: CO Reports July 2007 Operational

Thu Aug 02, 2007 3:14 pm

Quoting AA737-823 (Reply 1):
What???

After I saw the 1st quarter numbers earlier this year, I thought that 2007 might become a "bad year" for CO. But now things look rosy, just not as rosy as 2006.
--cslusarc from YWG
 
atlaaron
Posts: 973
Joined: Mon Apr 24, 2006 11:30 pm

RE: CO Reports July 2007 Operational

Thu Aug 02, 2007 3:16 pm

Yeah that on-time performance stinks.
 
AA737-823
Posts: 4905
Joined: Wed Mar 01, 2000 11:10 am

RE: CO Reports July 2007 Operational

Thu Aug 02, 2007 5:45 pm

Quoting Cslusarc (Reply 3):
just not as rosy as 2006.

How do you figure? The press release you've linked to clearly states that this July was better than last July. If I remember, all the months this spring and summer... since March, as I recall, have been better than last year's.

Quoting AA737-823 (Reply 1):
They lost money less than 2 years ago, for a sustained period. So check your facts...

You know, I can always count on you to argue with me when it comes to Continental.
When I say anything negative about them, you tell me I'm a Continental hater and need to check my facts.
Odd, as I am elite with CO...
When I say something positive about them, you tell me I am wrong and need to check my facts.
Odd, as my words "quite some time" are in no way incongruent with what you said.
See a trend?

Quoting ATLAaron (Reply 4):
Yeah that on-time performance stinks.

Weather has been brutal in two places this summer: New York, and Texas. That pretty much leave Continental out in the cold. Except for that ever-vital Guam operation.... haven't heard of any typhoons down there this year.
 
IAHFLYR
Posts: 3943
Joined: Sat Jun 25, 2005 12:56 am

RE: CO Reports July 2007 Operational

Thu Aug 02, 2007 8:43 pm

Quoting Ikramerica (Reply 2):
The weather and traffic in NYC played havoc with the ontime for July

Not to mention the lovely IAH weather in June and July......something like rain 47 out of 61 days, and that doesn't include the outstanding thunderstorms.

Work Hard Fly Right!  bigthumbsup 
Any views shared are strictly my own and do not a represent those of any former employer.
 
cslusarc
Posts: 553
Joined: Wed May 04, 2005 2:29 pm

RE: CO Reports July 2007 Operational

Fri Aug 03, 2007 7:36 am

Quoting AA737-823 (Reply 5):
How do you figure? The press release you've linked to clearly states that this July was better than last July. If I remember, all the months this spring and summer... since March, as I recall, have been better than last year's.

Although not mentioned in this press release, the recent 2nd Quarter Earnings release stated that yields and PRASM were increasing but a lower rate than was experienced in the same period last year, in sharp contrast to decreasing year-over-year results from the 1st Quarter earlier this year.
--cslusarc from YWG
 
ikramerica
Posts: 13772
Joined: Mon May 23, 2005 9:33 am

RE: CO Reports July 2007 Operational

Fri Aug 03, 2007 7:49 am

Quoting AA737-823 (Reply 5):
When I say anything negative about them, you tell me I'm a Continental hater and need to check my facts.

I'm confused. I pointed out that they recently lost money, not just 10 years ago. You had your facts wrong.

I did not call you a hater (what did you say that was NEGATIVE again that would make you a hater?), nor did I refute a negative comment with a positive one. I just refuted an incorrect statement with the truth.

If that bothers you, so be it.
Of all the things to worry about... the Wookie has no pants.