Continental Posts Quarterly Loss, Blames Overcapacity, Deep Discounting
Continental yesterday reported a $139 million second quarter net loss, including one-time items, and warned that yields are showing no signs of improvement due to a weak economy and domestic overcapacity. Without the previously announced fleet charge and write-down of its government grant receivable...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
