Continental Airlines said yesterday in an investor update that second-quarter mainline unit cost is expected to rise just 1.2%-1.6% year-over-year to 10.84-10.89 cents on a 6.1% lift in capacity. Mainline CASM excluding fuel and related taxes is expected to be 7.74-7.79 cents. Full-year unit cost will stay nearly in line as well, from 10.56 cents in 2006 to 10.66-10.71 cents in 2007, an increase of 0.9%-1.4%. Growth rate is less than half of last year's 3.3%. CO said that advance mainline ...

Subscribe to Access this Entire Article

"Continental keeping unit cost down" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.