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Old 12-01-2001, 05:48 PM   #1
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Continental Air losing $3 mln-$4 mln daily

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NEW YORK, Nov 30 (Reuters) - Continental Airlines (NYSE:CAL - news) said on Friday that it is losing between $3 million to $4 million a day even as air traffic has crept back after the Sept. 11 attacks on the United States.

Continental, the fifth-largest U.S. airline, expects to report a substantial fourth-quarter operating loss as it copes with the lingering slump in travel and lower fares, the carrier said in a filing with the Securities and Exchange Commission.

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Old 12-01-2001, 05:48 PM   #2
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Continental Air losing $3 mln-$4 mln daily

Quote:
NEW YORK, Nov 30 (Reuters) - Continental Airlines (NYSE:CAL - news) said on Friday that it is losing between $3 million to $4 million a day even as air traffic has crept back after the Sept. 11 attacks on the United States.

Continental, the fifth-largest U.S. airline, expects to report a substantial fourth-quarter operating loss as it copes with the lingering slump in travel and lower fares, the carrier said in a filing with the Securities and Exchange Commission.

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