Surging passenger traffic, most notably on Latin American routes, filled planes and boosted revenue at Continental Airlines (CAL Quote) last month.
Continental said consolidated revenue passenger miles, a gauge of passenger traffic, jumped 13.7% to 8.22 billion in June from 7.23 billion a year earlier. Traffic grew the most -- 25.1% -- on Latin American routes and jumped 19.6% on routes across the Atlantic. Domestic routes saw a 9.0% increase, and Pacific flights a 7.4% rise.
Mainline traffic, which excludes smaller, regional flights, rose 13.2%.
With demand strong, Continental has been boosting capacity, which is measured by available seat miles, or ASMs. Consolidated capacity rose 10.6% in June to 9.73 billion ASMs from 8.80 billion in June 2005. Mainline ASMs increased by 10.7%. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,366.15 | 1,099.92 | 2,173.14 | 33.88 |
Oil *
78.83
|
|
DOWN
86.53
|
DOWN
9.32
|
DOWN
11.89
|
UP
0.08
|
10 Yr
3.39%
SPDR Gold
118.70
|
|
-0.83%
|
-0.84%
|
-0.54%
|
+0.24%
|
Data delayed 20 minutes |


Connect with TheStreet