WSJ.com - Continental Air June Load Factor 82.2%
LOAD FACTORS UP 3 POINTS IN JUNE!
Continental is filling seats, 82.2% in June. Continental increased revenue per seat mile by 6 to 7%! For the year, traffic has risen 9.7% and the load factor has increased 3.6 points to 78.3%.
WOW! AN OUT OF FAVOR BUSINESS THAT IS BRINGING IN BUSINESS LIKE NEVER BEFORE!
In full disclosure, CAL is my families largest single stock holding. We will probably buy more airline stock this week.
BUY THE BULL! A COUPLE MORE YEARS LIKE THIS ONE AND A NUMBER OF AIRLINES MAY EVEN HAVE BOOK VALUE! BUY AT YOUR OWN RISK!
Monday, July 04, 2005
WSJ.com - Continental Air June Load Factor 82.2%
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