Continental Airlines Reports April 2007 Operational Performance


02 Mai 2007 [08:36h]     Bookmark and Share



Continental Airlines (NYSE: CAL) today reported an April consolidated (mainline plus regional) load factor of 82.3 percent, 0.2 points below the April 2006 consolidated load factor.

HOUSTON, May 1 – The carrier reported a mainline load factor of 82.7 percent, 0.2 points below the April 2006 mainline load factor, and a domestic mainline load factor of 85.5 percent, 0.4 points below April 2006. The airline had a record international mainline load factor of 79.6 percent, 0.1 points above April 2006.

During the month, Continental recorded a U.S. Department of Transportation on-time arrival rate of 73.5 percent and an April mainline completion factor of 99.8 percent.

In April 2007, Continental flew 7.9 billion consolidated revenue passenger miles (RPMs) and 9.5 billion consolidated available seat miles (ASMs), resulting in a traffic increase of 4.8 percent and a capacity increase of 5.0 percent as compared to April 2006. In April 2007, Continental flew 7.0 billion mainline RPMs and 8.5 billion mainline ASMs, resulting in a mainline traffic increase of 5.8 percent and a 5.9 percent increase in mainline capacity as compared to April 2006. Domestic mainline traffic was 3.8 billion RPMs in April 2007, up 5.3 percent from April 2006, and domestic mainline capacity was 4.5 billion ASMs, up 5.8 percent from April 2006.

For April 2007, consolidated passenger revenue per available seat mile (RASM) is estimated to be about flat compared to April 2006, while mainline passenger RASM is estimated to have increased between 0.5 and 1.5 percent compared to April 2006. These results were in line with company expectations. The company reiterated its guidance that demand remains strong and, based on its advanced booking outlook, the company expects load factors for the second quarter to keep pace with last year’s record levels. For March 2007, consolidated passenger RASM increased 5.0 percent compared to March 2006, while mainline passenger RASM increased 7.3 percent from March 2006.

April 2007 sales at continental.com increased 13 percent over April 2006.

Continental’s regional operations had an April load factor of 79.0 percent, 0.7 points below the April 2006 load factor. Regional RPMs were 846.6 million and regional ASMs were 1,071.1 million in April 2007, resulting in a traffic decrease of 2.7 percent and a capacity decrease of 1.9 percent versus April 2006.

Continental Airlines is the world’s fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,100 daily departures throughout the Americas, Europe and Asia, serving 144 domestic and 138 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 44,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 67 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.

In 2006, Continental Airlines won its sixth J.D. Power and Associates award since 1996. The carrier received the highest rank in customer satisfaction among network carriers in North America in the J.D. Power and Associates 2006 Airline Satisfaction Index Survey(SM). For the fourth consecutive year, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its 2007 list of Most Admired Global Companies. Continental was also named the No. 1 airline on the publication’s 2007 America’s Most Admired airline industry list. Additionally, Continental again won major awards at the OAG Airline of the Year Awards including „Best Airline Based in North America“ for the fourth year in a row, and „Best Executive/Business Class“ for the fifth consecutive year. For more company information, visit continental.com.

This press release contains forward-looking statements that are not limited to historical facts, but reflect the company’s current beliefs, expectations or intentions regarding future events. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. For examples of such risks and uncertainties, please see the risk factors set forth in the company’s 2006 10-K and its other securities filings, including any amendments thereto, which identify important matters such as the consequences of the company’s significant financial losses and high leverage, the significant cost of aircraft fuel, its high labor and pension costs, service interruptions at one of its hub airports, disruptions in its computer systems, and industry conditions, including the airline pricing environment, industry capacity decisions, industry consolidation, terrorist attacks, regulatory matters, excessive taxation, the availability and cost of insurance, public health threats and the seasonal nature of the airline business. The company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this press release, except as required by applicable law.

                         PRELIMINARY TRAFFIC RESULTS

    APRIL                                     2007          2006   Change

    REVENUE PASSENGER MILES (000)
        Domestic                         3,821,308     3,629,997   5.3 Percent

        International                    3,184,423     2,994,440   6.3 Percent
        Transatlantic                    1,597,423     1,418,576  12.6 Percent
        Latin America                      985,267       986,261  -0.1 Percent
        Pacific                            601,733       589,603   2.1 Percent

        Mainline                         7,005,731     6,624,437   5.8 Percent
        Regional                           846,583       869,970  -2.7 Percent
        Consolidated                     7,852,314     7,494,407   4.8 Percent

    AVAILABLE SEAT MILES (000)
        Domestic                         4,470,334     4,226,613   5.8 Percent

        International                    3,999,072     3,767,750   6.1 Percent
        Transatlantic                    1,955,591     1,745,905  12.0 Percent
        Latin America                    1,232,335     1,223,322   0.7 Percent
        Pacific                            811,146       798,523   1.6 Percent

        Mainline                         8,469,406     7,994,363   5.9 Percent
        Regional                         1,071,051     1,091,999  -1.9 Percent
        Consolidated                     9,540,457     9,086,362   5.0 Percent
    PASSENGER LOAD FACTOR
        Domestic                      85.5 Percent  85.9 Percent  -0.4 Points

        International                 79.6 Percent  79.5 Percent   0.1 Points
        Transatlantic                 81.7 Percent  81.3 Percent   0.4 Points
        Latin America                 80.0 Percent  80.6 Percent  -0.6 Points
        Pacific                       74.2 Percent  73.8 Percent   0.4 Points

        Mainline                      82.7 Percent  82.9 Percent  -0.2 Points
        Regional                      79.0 Percent  79.7 Percent  -0.7 Points
        Consolidated                  82.3 Percent  82.5 Percent  -0.2 Points
    ONBOARD PASSENGERS
        Mainline                         4,367,244     4,190,308   4.2 Percent
        Regional                         1,540,590     1,532,681   0.5 Percent
        Consolidated                     5,907,834     5,722,989   3.2 Percent

    CARGO REVENUE TON MILES (000)
        Total                               86,250        89,735  -3.9 Percent



                         PRELIMINARY TRAFFIC RESULTS

    YEAR-TO-DATE                              2007          2006   Change

    REVENUE PASSENGER MILES (000)
        Domestic                        14,209,313    13,598,722   4.5 Percent

        International                   11,886,832    11,043,808   7.6 Percent
        Transatlantic                    5,555,378     4,969,226  11.8 Percent
        Latin America                    3,887,337     3,683,597   5.5 Percent
        Pacific                          2,444,117     2,390,985   2.2 Percent

        Mainline                        26,096,145    24,642,530   5.9 Percent
        Regional                         3,206,229     3,187,921   0.6 Percent
        Consolidated                    29,302,374    27,830,451   5.3 Percent

    AVAILABLE SEAT MILES (000)
        Domestic                        17,285,894    16,535,260   4.5 Percent

        International                   15,307,674    14,493,435   5.6 Percent
        Transatlantic                    7,251,846     6,591,074  10.0 Percent
        Latin America                    4,846,477     4,699,148   3.1 Percent
        Pacific                          3,209,351     3,203,213   0.2 Percent

        Mainline                        32,593,568    31,028,695   5.0 Percent
        Regional                         4,197,001     4,173,946   0.6 Percent
        Consolidated                    36,790,569    35,202,641   4.5 Percent
    PASSENGER LOAD FACTOR
        Domestic                      82.2 Percent  82.2 Percent   0.0 Points

        International                 77.7 Percent  76.2 Percent   1.5 Points
        Transatlantic                 76.6 Percent  75.4 Percent   1.2 Points
        Latin America                 80.2 Percent  78.4 Percent   1.8 Points
        Pacific                       76.2 Percent  74.6 Percent   1.6 Points

        Mainline                      80.1 Percent  79.4 Percent   0.7 Points
        Regional                      76.4 Percent  76.4 Percent   0.0 Points
        Consolidated                  79.6 Percent  79.1 Percent   0.5 Points
    ONBOARD PASSENGERS
        Mainline                        16,312,687    15,675,851   4.1 Percent
        Regional                         5,771,897     5,640,516   2.3 Percent
        Consolidated                    22,084,584    21,316,367   3.6 Percent

    CARGO REVENUE TON MILES (000)
        Total                              340,517       352,738  -3.5 Percent



                PRELIMINARY OPERATIONAL AND FINANCIAL RESULTS

    APRIL                                     2007      2006     Change
    On-Time Performance (1)                  73.5%     72.7%     0.8  Points
    Completion Factor (2)                    99.8%     99.9%    (0.1) Points
    March 2007 year-over-year
     consolidated RASM change                                    5.0  Percent
    March 2007 year-over-year mainline
     RASM change                                                 7.3  Percent
    April 2007 estimated year-over-year
     consolidated RASM change                            (0.5) - 0.5  Percent
    April 2007 estimated year-over-year
     mainline RASM change                                  0.5 - 1.5  Percent
    April 2007 estimated average price per
     gallon of fuel, including fuel taxes                       1.97  Dollars
    Second Quarter 2007 estimated average price
     per gallon of fuel, including fuel taxes                   2.00  Dollars

     (1)  Department of Transportation Arrivals within 14 minutes
     (2)  Mainline Mileage Completion Percentage

Adresse
CONTACT:
Corporate Communications of Continental Airlines
+1-713-324-5080
www.continental.com







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