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CONTINENTAL AIRLINES REPORTS THIRD QUARTER PROFIT

HOUSTON, "Continental Airlines (NYSE: CAL - news) today reported third quarter net income of $3 million ($.05 diluted earnings per share). Net income includes a grant of $243 million ($154 million after tax) pursuant to the Air Transportation Safety and System Stabilization Act (the Stabilization Act), and $85 million ($54 million after tax) in severance and other special charges. Continental would...

AVIONEWS - World Aeronautical Press Agency - 19414

AVIONEWS - World Aeronautical Press Agency
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