Continental Airlines (CAL) Reports October Traffic Results

November 3, 2008 5:55 PM EST
Continental Airlines (NYSE: CAL) reported an October consolidated (mainline plus regional) load factor of 79.0%, 0.5 points below the October 2007 consolidated load factor, and a mainline load factor of 79.5%, 0.3 points below the October 2007 mainline load factor. In addition, the carrier reported a domestic mainline October load factor of 83.0%, 0.5 points above the October 2007 domestic mainline load factor, and an international mainline load factor of 75.9%, 0.8 points below October 2007.

In October 2008, Continental flew 7.1 billion consolidated revenue passenger miles (RPMs) and 9.0 billion consolidated available seat miles (ASMs), resulting in a consolidated traffic decrease of 7.3% and a capacity decrease of 6.7% as compared to October 2007.

Continental flew 6.4 billion mainline RPMs and 8.0 billion mainline ASMs, resulting in a mainline traffic decrease of 7.6% and a mainline capacity decrease of 7.3% as compared to October 2007. Domestic mainline traffic was 3.4 billion RPMs in October 2008, down 10.2% from October 2007, and domestic mainline capacity was 4.1 billion ASMs, down 10.8% from October 2007.[SM]

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