Continental Air posts loss, may defer plane orders

dbaker · 01-17-2002, 12:09 AM

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.

dbaker · 01-17-2002, 12:09 AM

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.

CameraGuy · 01-17-2002, 10:12 PM

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.

CameraGuy · 01-17-2002, 10:12 PM

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.

dbaker · 01-17-2002, 11:25 PM

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.

dbaker · 01-17-2002, 11:25 PM

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.

CameraGuy · 01-18-2002, 07:36 AM

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.

CameraGuy · 01-18-2002, 07:36 AM

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.

01-18-2002, 07:36 AM	#8
CameraGuy Senior Member Join Date: Jan 2002 Location: MHT & BOS Posts: 119	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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01-17-2002, 10:12 PM	#3
CameraGuy Senior Member Join Date: Jan 2002 Location: MHT & BOS Posts: 119	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.

01-17-2002, 11:25 PM	#5
dbaker Senior Member ITYT Captain Join Date: Sep 2001 Location: IAH/HOU Posts: 2,354	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.