Continental Airlines reports August 2008 Traffic

Continental Airlines has reported an August consolidated (mainline plus regional) load factor of 83.9%, 1.4 points below the August 2007 consolidated load factor, and a mainline load factor of 84.9%, 1 point below the August 2007 mainline load factor. In addition, the carrier reported a domestic mainline August load factor of 86.3%, 1.7 points below the August 2007 domestic mainline load factor, and an international mainline load factor of 83.4%, 0.3 points below August 2007.

During the month, Continental recorded a U.S. Department of Transportation on-time arrival rate of 73.8% and a mainline segment completion factor of 99.4%.

In August 2008, Continental flew 9.1 billion consolidated revenue passenger miles (RPMs) and 10.9 billion consolidated available seat miles (ASMs), resulting in a consolidated traffic increase of 0.7% and a capacity increase of 2.4% as compared to August 2007. In August 2008, Continental flew 8.2 billion mainline RPMs and 9.7 billion mainline ASMs, resulting in a mainline traffic increase of 0.7% and a mainline capacity increase of 2% as compared to August 2007. Domestic mainline traffic was 4.2 billion RPMs in August 2008, down 3.3% from August 2007, and domestic mainline capacity was 4.8 billion ASMs, down 1.4% from August 2007.

For August 2008, consolidated passenger revenue per available seat mile (RASM) is estimated to have increased between 4.5 and 5.5% compared to August 2007, while mainline passenger RASM is estimated to have increased between 5.5 and 6.5% compared to August 2007. For July 2008, consolidated passenger RASM increased 4.8% compared to July 2007, while mainline passenger RASM increased 4.9% compared to July 2007.

Continental’s regional operations had an August load factor of 76.4%, 3.8 points below the August 2007 regional load factor. Regional RPMs were 917.3 million and regional ASMs were 1,200.8 million in August 2008, resulting in a traffic increase of 0.5% and a capacity increase of 5.5% versus August 2007.

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