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 carrier's holding in Panama's Copa Airlines (ATWOnline, July 6, 2006) but was hurt by $53 million in special charges. Excluding special items, CO had a net profit of $304 million, a big ...

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