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Continental Airlines foresees losses

New York, Usa - If high fuel cost does not ease, the carrier said it would not be able to complete financing deals

US carrier Continental Airlines said it foresees significant losses in 2005 if high fuel price and competition which follows due to it do not ease. Continental declared that there are many factors outside of its control which could result in the airline being unable to generate sufficient cash from operations or complete financing deals. Continental said as well things are unlikely to get much better...

AVIONEWS - World Aeronautical Press Agency - 116410

AVIONEWS - World Aeronautical Press Agency
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