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Continental Airlines: losses for USD 43m in the fourth quarter 2005

New York, Usa - The causes are in high fuel-cost and the strong competition by low-cost carriers

"The fuel’s price remains on record levels and JetBlue has begun to make us competition from Newark’s airport, in addition Delta is benetting from the protection, obtained thanks to the claim at receivership, to expand its presence on international routes and United Airlines is beginning to come out by bankruptcy with cash reserves for USD 3bn". Continental Airlines’ president and CEO, Larry Kelln...

fra/pec - 134566

AVIONEWS - World Aeronautical Press Agency
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