Continental Airlines reported first-quarter net income of $22 million, reversed from a net loss of $66 million in the year-ago quarter, on a 7.9% lift in revenue to $3.18 billion. Excluding special items such as the sale of its remaining investment in ExpressJet and unusual charges, CO posted a $26 million profit for the quarter, an improvement over a $46 million net loss for the prior-year period on a similar basis. "Strong revenue growth, continued cost discipline and a slight decrease in ...

Subscribe to Access this Entire Article

"Printer-friendly" 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?

Already registered? here.