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Continental Airlines announced 166 USDm losses in 1Q02

Houston, Texas

U.S. carrier Continental Airlines claimed it had outperformed its competitors despite posting losses of USD$114 million for the first three months of the year.That figure did not, however, include a special charge - announced earlier - which pushes net losses up to USD$166 million. An upbeat note was struck by Continental's chairman and chief executive, Gordon Bethune, who revealed the Houston-based...

AVIONEWS - World Aeronautical Press Agency - 26500

AVIONEWS - World Aeronautical Press Agency
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