Continental Airlines posted second-quarter net income of $228 million, up 15.2% over a profit of $198 million in the year-ago quarter, on a 5.8% lift in revenue to $3.71 billion. Chairman and CEO Larry Kellner said the result was achieved despite a "tough domestic revenue environment" that has led the carrier to scale back its planned 2008 mainline capacity growth from 5%-7% to 3%-4%. "We expect the domestic environment. . .to continue to exhibit low yields," he said, pointing to the 25 ...

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? ATWPlus@penton.com.