Continental Airlines (CAL) Reports March Sales

Continental Airlines (NYSE: CAL) reported a March consolidated (mainline plus regional) load factor of 82.3%, 0.3 points below the March 2007 consolidated load factor, and a mainline load factor of 82.6%, 0.5 points below the March 2007 mainline load factor. In addition, the carrier reported a record domestic mainline March load factor of 85.2%, 1.0 point above March 2007, and an international mainline load factor of 80.0%, 1.9 points below March 2007.

In March 2008, Continental flew 8.3 billion consolidated revenue passenger miles (RPMs) and 10.1 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 4.3 percent and a capacity increase of 4.6% as compared to March 2007. In March 2008, Continental flew 7.4 billion mainline RPMs and 9.0 billion mainline ASMs, resulting in a mainline traffic increase of 4.8% and a mainline capacity increase of 5.4% as compared to March 2007. Domestic mainline traffic was 3.9 billion RPMs in March 2008, up 0.9% from March 2007, and domestic mainline capacity was 4.5 billion ASMs, down 0.3% from March 2007.[SM]

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