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Old 01-16-2002, 11:09 PM   #1
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Continental Air posts loss, may defer plane orders

Continental Air posts loss, may defer plane orders

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NEW YORK, Jan 16 (Reuters) - Continental Airlines Inc. (NYSE:CAL - news), the fifth-largest U.S. carrier, on Wednesday reported a $149 million fourth-quarter loss, as the lingering travel slump after the Sept. 11 attacks on the United States and the weak economy eroded its revenues.
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Old 01-16-2002, 11:09 PM   #2
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Continental Air posts loss, may defer plane orders

Continental Air posts loss, may defer plane orders

Quote:
NEW YORK, Jan 16 (Reuters) - Continental Airlines Inc. (NYSE:CAL - news), the fifth-largest U.S. carrier, on Wednesday reported a $149 million fourth-quarter loss, as the lingering travel slump after the Sept. 11 attacks on the United States and the weak economy eroded its revenues.
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Old 01-17-2002, 09:12 PM   #3
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Did you notice that they are deferring Boeing Orders, but not Embraer orders?

Pretty soon, CO will be an all RJ, all the time airline.
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Old 01-17-2002, 09:12 PM   #4
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Did you notice that they are deferring Boeing Orders, but not Embraer orders?

Pretty soon, CO will be an all RJ, all the time airline.
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Old 01-17-2002, 10:25 PM   #5
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Well, it's actually Continental Express that's buying the ERJs and they're likely in a different financial situation. Those jets are cheaper, too.
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Old 01-17-2002, 10:25 PM   #6
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Well, it's actually Continental Express that's buying the ERJs and they're likely in a different financial situation. Those jets are cheaper, too.
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Old 01-18-2002, 06:36 AM   #7
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Until they spin COEX off on it's own, it's the same airline. These RJ's are there for a specific purpose. Gordon has a plan for the upcoming Pilot Contract talks and it ain't going to be pretty.
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Old 01-18-2002, 06:36 AM   #8
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Until they spin COEX off on it's own, it's the same airline. These RJ's are there for a specific purpose. Gordon has a plan for the upcoming Pilot Contract talks and it ain't going to be pretty.
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