View our videos at: http://www.youtube.com/profile?user== thanks=0A =0A =0AView our videos at: http://www.youtube.com/profile?user=3D= ewrw4co=0A =0ARoger & Amanda La France=0A=0A=0A=0A----- Original Message --= --=0AFrom: Alireza Alivandivafa <democrat2n@xxxxxxx>=0ATo: AIRLINE@LISTSERV= .CUNY.EDU=0ASent: Friday, October 20, 2006 5:38:58 PM=0ASubject: Re: [Sky-1= ] CONTINENTAL AIRLINES ANNOUNCES THIRD QUARTER PROFIT=0A=0A=0AActually, the= winglets on the 737NGs have been shown, primarily by WN, to increase fuel = economy on short hauls as well as long hauls, and this was back when oil wa= s under $40 a barrel. While the 737Classic winglet program doesn't do as m= uch for the aircraft as the 737NG program, with oil at these prices, it sti= ll makes a massive difference. Add to that CO's very high leasing costs on= the 735s and it makes a lot of sense.=0A=0A=0A-----Original Message-----= =0AFrom: lafrance@xxxxxxxxxxx=0ATo: AIRLINE@xxxxxxxxxxxxxxxxx=0ASent: Thu, = 19 Oct 2006 7:11 AM=0ASubject: Re: [Sky-1] CONTINENTAL AIRLINES ANNOUNCES T= HIRD QUARTER PROFIT=0A=0A=0AJust noticed in the press release, 737-500 wing= lets. Will this actually mak=3D=0Ae any difference with such short flights = they do.=3D0A =3D0A =3D0AView our videos=3D=0Aat: http://www.youtube.com/pr= ofile?user=3D3Dewrw4co=3D0A =3D0ARoger & Amanda La =3D=0AFrance=3D0A=3D0A= =3D0A=3D0A----- Original Message ----=3D0AFrom: Roger LaFrance <lafra=3D=0A= nce@xxxxxxxxxxx>=3D0ATo: Airline List <AIRLINE@xxxxxxxxxxxxxxxxx>; Skyone <= sk=3D=0Ayone@xxxxxxxxxxxxxxx>; Airline2 Yahoo <airline2@xxxxxxxxxxxxxxx>=3D= 0ASent: Th=3D=0Aursday, October 19, 2006 7:46:50 AM=3D0ASubject: [Sky-1] CO= NTINENTAL AIRLINES=3D=0AANNOUNCES THIRD QUARTER PROFIT=3D0A=3D0ACONTINENTAL= AIRLINES ANNOUNCES THIRD Q=3D=0AUARTER PROFIT =3D0A =3D0ACo-workers=3D92 p= rofit sharing pool now exceeds $100 mil=3D=0Alion=3D0A =3D0AHOUSTON, Octobe= r 19, 2006 -- Continental Airlines (NYSE: CAL) to=3D=0Aday reported third q= uarter 2006 net income of $237 million ($2.17 diluted e=3D=0Aarnings per sh= are), which includes a $92 million gain on the sale of a port=3D=0Aion of t= he company=3D92s investment in Copa Airlines. Excluding net special =3D=0A= charges of $1 million and the $92 million Copa gain, Continental recorded n= =3D=0Aet income of $146 million ($1.36 diluted earnings per share). =3D0AOp= erating =3D=0Aincome for the third quarter was $192 million, an $83 million= improvement o=3D=0Aver the same period of 2005, despite fuel price increas= es costing over $155=3D=0Amillion and the negative impact of increased secu= rity measures that took e=3D=0Affect on Aug. 10. In addition, results for = the third quarter of 2006 inclu=3D=0Ade a $42 million accrual for employee = profit sharing, bringing the cumulati=3D=0Ave accrued profit sharing pool t= o over $100 million. =3D0A =3D93Thanks to th=3D=0Ae hard work of my co-w= orkers, we are delivering great results, both financi=3D=0Aally and operati= onally,=3D94 said Larry Kellner, Continental=3D92s chairman and=3D=0Achief = executive officer. =3D93When we work together, we win together.=3D94=3D0A= =3D=0AThird Quarter Revenue and Capacity=3D0APassenger revenue for the quar= ter incr=3D=0Aeased 17.1 percent ($471 million) over the same period in 200= 5, to $3.2 bil=3D=0Alion, with double digit percentage growth in each mainl= ine geographic regio=3D=0An and in regional jet operations. Additional cap= acity and traffic, both do=3D=0Amestic and international, and improved yiel= d produced significantly higher =3D=0Arevenue for the company. Consolidate= d revenue per available seat mile (RAS=3D=0AM) for the quarter increased 7.= 4 percent year-over-year due to increased yi=3D=0Aeld and record load facto= rs in spite of elevated security concerns. =3D0ACon=3D=0Atinental continue= d its capacity growth during the quarter, growing its main=3D=0Aline capaci= ty 8.6 percent and its consolidated capacity 9.1 percent compare=3D=0Ad wit= h the same period in 2005. =3D0AConsolidated revenue passenger miles (R=3D= =0APMs) for the quarter increased 10.5 percent year-over-year on a capacity= in=3D=0Acrease of 9.1 percent, resulting in a record consolidated load fac= tor for t=3D=0Ahe quarter of 82.2 percent, 1.1 points above the previous re= cord set in the=3D=0Asame period in 2005. Consolidated yield increased 6.0= percent year-over-y=3D=0Aear. =3D0A Mainline RPMs in the third quarter of= 2006 increased 10.0 percent=3D=0Aover the third quarter 2005, on a capacit= y increase of 8.6 percent. Mainl=3D=0Aine load factor was a record 82.7 pe= rcent, up 1.0 points year-over-year. C=3D=0Aontinental=3D92s mainline yiel= d during the quarter increased 5.5 percent over=3D=0Athe same period in 200= 5.=3D0ADuring the quarter, Continental continued to ac=3D=0Ahieve a domesti= c length-of-haul adjusted yield and RASM premium to the indu=3D=0Astry.=3D0= APassenger revenue for the third quarter of 2006 and period-to-perio=3D=0Ad= comparisons of related =3D0Astatistics by geographic region for the compan= y=3D=0A=3D92s mainline and regional operations are as follows:=3D0A=3D0A=3D= 0A=3D0APassenger=3D=0A=3D0ARevenue=3D0A(in millions)Percentage Increase in= =3D0AThird Quarter 2006 vs. T=3D=0Ahird Quarter 2005=3D0APassenger=3D0AReve= nue =3D0ARASM=3D0AASMs=3D0A =3D0ADomestic$1=3D=0A,389 14.1% 7.6% 6.1% = =3D0ATrans-Atlantic636 16.7% 1.4% 15.1% =3D0ALatin America=3D=0A354 24.3% 1= 0.0% 12.9% =3D0APacific251 13.4% 12.2% 1.0% =3D0ATotal Mainline$2,63=3D=0A0= 16.0% 6.8% 8.6% =3D0A =3D0ARegional$ 601 22.3% 8.6% 12.6% =3D0A = =3D=0A =3D0AConsolidated$3,231 17.1% 7.4% 9.1% =3D0A=3D0A =3D0AOpera= tional Accomplishme=3D=0Ants=3D0AContinental=3D92s employees continued to w= ork together to deliver a rec=3D=0Aord third quarter systemwide mainline co= mpletion factor of 99.8 percent dur=3D=0Aing the quarter, operating 28 days= without a single mainline cancellation. =3D=0AThe company recorded a U.S. = Department of Transportation (DOT) on-time arr=3D=0Aival rate of 75.1 perce= nt during the quarter, which was affected by bad wea=3D=0Ather, air traffic= control ground delay programs, new security rules and rec=3D=0Aord load fa= ctors.=3D0A=3D93My co-workers did a tremendous job this quarter, and=3D=0Ae= arned on-time bonuses for two out of the three months, despite operationa= =3D=0Al challenges,=3D94 said Jeff Smisek, Continental=3D92s president. = =3D93I couldn=3D=0A=3D92t be prouder of them, and I=3D92m delighted that ou= r financial results hav=3D=0Ae permitted us to accrue over $100 million of = profit sharing for my co-work=3D=0Aers.=3D94=3D0AContinental Airlines conti= nues to be recognized for superior serv=3D=0Aice. For the ninth year in a = row, Continental outranked all of its U.S. co=3D=0Ampetition in internation= al Business Class service, according to results of =3D=0Aa survey of Cond= =3DE9 Nast Traveler readers published in the magazine=3D92s Oct=3D=0Aober 2= 006 edition. Continental also placed highest among its network peers=3D=0A= for domestic premium-class service. Rankings were determined using a vari= =3D=0Aety of criteria including seat comfort/legroom, food, cabin service, = amenit=3D=0Aies/technolog y, airport lounge clubs and frequent-flier privil= eges.=3D0ADuri=3D=0Ang the quarter, Continental submitted its case to the D= OT for authority to =3D=0Aserve New York/Newark- Shanghai, the largest U.S.= -China market currently wi=3D=0Athout daily nonstop service. The route p= roceeding is supported by over 1=3D=0A10,000 signatures from civic parties,= corporate travel partners, Continenta=3D=0Al employees, elected officials,= the airline=3D92s customers and other interes=3D=0Ated citizens. =3D0AThir= d Quarter Financial Results=3D0AContinental=3D92s mainline=3D=0Acost per av= ailable seat mile (CASM) increased 5.9 percent in the third qua=3D=0Arter c= ompared to the same period last year, primarily due to record high fu=3D=0A= el prices. CASM decreased 0.8 percent holding fuel rate constant and exclu= =3D=0Ading employee profit sharing accruals and related payroll taxes, and = specia=3D=0Al charges. =3D0A=3D93It=3D92s great to report another quarter = of solid performan=3D=0Ace,=3D94 said Jeff Misner, Continental=3D92s execut= ive vice president and chief=3D=0Afinancial officer. =3D93Our cost control= performance remains on target, and=3D=0Awe=3D92ll keep our focus, even in = this improved revenue environment.=3D94 =3D0A=3D=0AMainline fuel costs for= the quarter increased $174 million over the third q=3D=0Auarter of 2005, p= rimarily due to a 17.8 percent increase in fuel prices com=3D=0Apared to th= e same period last year. =3D0AContinental continues to enhance it=3D=0As f= uel efficient fleet. Today the company announced that it has signed an =3D= =0Aagreement to acquire winglets for 37 of its 737-500 and 11 of its long-r= ang=3D=0Ae 737-300 aircraft, with installation beginning in 2007. The comp= any has a=3D=0Already completed the installation of winglets on its entire = fleet of 737-70=3D=0A0s and -800s and plans to finish the installation of w= inglets on its entire=3D=0A757-200 fleet in the fourth quarter of 2006. Wh= en these installations are=3D=0Acomplete, Continental will operate 230 narr= owbody aircraft outfitted with =3D=0Awinglets. Winglets lower drag and imp= rove aerodynamic efficiency, which ca=3D=0An reduce fuel consumption by up = to five percent.=3D0A By year-end,=3D=0Athe company expects to h= ave improved fuel efficiency by nearly 25 percent =3D=0Aper available seat = mile as compared to 1998, as a result of several factors=3D=0A, including f= leet modernization, improved operating procedures and implemen=3D=0Atation = of fuel-saving technology like winglets and GE90 3D Aero blades.=3D0AD=3D= =0Auring the third quarter, Continental recorded net special charges of $1 = mil=3D=0Alion consisting of an $8 million settlement charge related to lump= -sum paym=3D=0Aents to retiring pilots and a $7 million reduction of previo= us charges rela=3D=0Ated to permanently grounded MD-80 aircraft.=3D0AContin= ental ended the third q=3D=0Auarter with approximately $2.5 billion in unre= stricted cash and short-term =3D=0Ainvestments.=3D0AOther Accomplishments= =3D0AContinental contributed $79 million =3D=0Ato its pension plans during = the quarter and an additional $70 million to th=3D=0Ae plans in October. T= he contributions bring its 2006 pension contributions=3D=0Ato $246 million.= Since the beginning of 2002, Continental has contributed=3D=0Amore than $= 1.1 billion to its pension plans.=3D0AContinental has accrued a c=3D=0Aumul= ative profit sharing pool of over $100 million through Sept. 30, 2006. =3D= =0AThe actual amount of profit sharing that the company will be able to dis= tr=3D=0Aibute to employees on Feb. 14, 2007, depends on the company=3D92s f= ull-year f=3D=0Ainancial results and may exceed or be less than $100 millio= n. =3D0AContinent=3D=0Aal converted 12 existing orders for Boeing 737 Next= Generation aircraft int=3D=0Ao orders for 12 new Boeing 737-900ERs, expect= ed to be delivered in 2008. C=3D=0Aontinental is the first U.S. carrier to= order the extended-range twinjet th=3D=0Aat flies about 500 nautical miles= farther than the existing 737-900. The n=3D=0Aew aircraft will have among= the lowest operating costs in Continental=3D92s f=3D=0Aleet and will allow= the carrier to serve high demand markets more efficient=3D=0Aly. =3D0ACon= tinental amended its $350 million loan facility secured by subst=3D=0Aantia= lly all of its Pacific operations. The amended loan agreement lowered =3D= =0Athe interest rate, which is expected to save the =3D0Acompany approximat= ely $=3D=0A6 million annually. =3D0AContinental was awarded a $258 million= , five-year m=3D=0Aail contract with the U.S. Postal Service, the company= =3D92s largest cargo cu=3D=0Astomer, effective September 30, 2006, extendin= g Continental=3D92s relationshi=3D=0Ap with the U.S. Postal Service for fiv= e more years. The contract includes =3D=0APriority, First Class and Expres= s mail products within the U.S. and Puerto =3D=0ARico. =3D0ACorporate Back= ground=3D0AContinental Airlines is the world=3D92s fift=3D=0Ah largest airl= ine. Continental, together with Continental Express and Cont=3D=0Ainental = Connection, has more than 3,200 daily departures throughout the Ame=3D=0Ari= cas, Europe and Asia, serving 151 domestic and 136 international destinat= =3D=0Aions. More than 400 additional points are served via SkyTeam alliance= airli=3D=0Anes. With more than 43,000 employees, Continental has hubs ser= ving New Yor=3D=0Ak, Houston, Cleveland and Guam, and together with Contine= ntal Express, carr=3D=0Aies approximately 61 million passengers per year. C= ontinental consistently =3D=0Aearns awards and critical acclaim for both it= s operation and its corporate =3D=0Aculture. For more company information,= visit continental. com. =3D0AContinen=3D=0Atal Airlines will conduct a reg= ular quarterly telephone briefing today to d=3D=0Aiscuss these results and = the company's financial and operating outlook with=3D=0Athe financial commu= nity and news media at 9:30 a.m. CT/10:30 a.m. ET. To l=3D=0Aisten to a liv= e broadcast of this briefing, go to continental. com/company.=3D=0A=3D0AThi= s press release contains forward-looking statements that are not limi=3D=0A= ted to historical facts, but reflect the company's current beliefs, expecta= =3D=0Ations or intentions regarding future events. All forward-looking stat= ements=3D=0Ainvolve risks and uncertainties that could cause actual results= to differ =3D=0Amaterially from those in the forward-looking statements. F= or examples of su=3D=0Ach risks and uncertainties, please see the risk fact= ors set forth in the co=3D=0Ampany's 2005 10-K and its other securities fil= ings, including any amendment=3D=0As thereto, which identify important matt= ers such as the consequences of our=3D=0Asignificant financial losses and h= igh leverage, terrorist attacks, domesti=3D=0Ac and international economic = conditions, the significant cost of aircraft f=3D=0Auel, labor costs, compe= tition, and industry conditions, including the deman=3D=0Ad for air travel,= the airline pricing environment and industry capacity dec=3D=0Aisions, reg= ulatory matters, disruptions in its computer systems, and the se=3D=0Aasona= l nature of=0Athe airline business. The company undertakes no obligation to= publicly upd=3D=0Aate or revise any forward-looking statements to reflect = events or circumsta=3D=0Ances that may arise after the date of this press r= elease. =3D0A =3D0A =3D0AView o=3D=0Aur videos at: http://www.youtube. com/= profile? user=3D3Dewrw4co=3D0A =3D0ARoger &=3D=0AAmanda La France=3D0A__._,= _.___ =3D0AMessages in this topic (2) Reply (via web=3D=0Apost) | Start a n= ew topic =3D0AMessages | Files | Photos | Links | Database =3D=0A| Polls | = Calendar =3D0ASkyOne--The Airline News Channel=3D0A To Post message:=3D=0A= Skyone@xxxxxxxxxxxxxxx =3D0A To Subscribe: Skyone-subscribe@yahoogroups= .=3D=0Acom =3D0A To Unsubscribe: Skyone-unsubscribe@xxxxxxxxxxxxxxx =3D0A= List owne=3D=0Ar: Skyone-owner@xxxxxxxxxxxxxxx =3D0ASkyone URL:=3D0A h= ttp://www.yahoogroups=3D=0A.com/group/Skyone =3D0A =3D0AChange settings via= the Web (Yahoo! 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