CO reports $343 million 2006 net profit on strength of 17.1% revenue spike
Despite a fourth-quarter net loss of $26 million, Continental Airlines reported 2006 net income of $343 million, a strong turnaround from a 2005 loss of $68 million, as full-year revenue jumped 17.1% to $13.13 billion. The 2006 profit was helped by a $92 million gain on the sale of a portion of the...
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