Continental Airlines warned yesterday that matching Delta's SimpliFares fare reform in competing markets will cost it an estimated $200 million in annual revenue, or around 2% of 2004 revenues of $9.7 billion, well above an earlier forecast of a $50 million impact. In a filing with the US Securities and Exchange Commission, Continental stated: "Our experience to date as a result of Delta's fare reduction has demonstrated [they] are not being sufficiently offset by increases in passenger ...

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