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Continental Airlines announces first quarter net loss

Houston, USA - Record fuel prices lead to quarterly loss

Continental Airlines today reported a first quarter 2008 net loss of USD 80m (USD 0.81diluted loss per share). Excluding a USD 5 million after tax gain from the sale of aircraft, Continental recorded a net loss of USD 85m (USD 0.86 diluted loss per share). Fuel costs increased 53.2 percent (USD 364m) in the first quarter compared to the first quarter of last year, with crude oil prices peaking...

AVIONEWS - World Aeronautical Press Agency - 1088520
Rome, Italy, 04/17/2008 14:16
AVIONEWS - World Aeronautical Press Agency

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