Continental releases investor update with 2Q2010 guidance

Continental Airlines released (21-Jun-2010) its investor update with information on the carrier's guidance for 2Q2010 and FY2010 including:

• Advanced Booked Seat Factor (percentage of available seats sold): For the 2Q2010, Continental expects both its consolidated and mainline load factors to be up about 1.5 points year-over-year compared with the same period in 2009;
• Unrestricted Cash, Cash Equivalents and Short-Term Investments Balance: Expects to end the 2Q2010 with a balance of approximately USD3.5 billion. [more]